The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs will not change anytime soon, with moderate economic growth and historically low unemployment expected to persist through the 2020 presidential election.
The European carmakers' association (ACEA) has appointed Fiat Chrysler Chief Executive Mike Manley as its new president from January 2020, it said on Thursday.
Haier, the world's biggest maker of household appliances, is planning a major restructuring that will see its main unit Haier Smart Home list in Hong Kong to take another group company valued at $7.7 billion private, two people with direct knowledge of the matter said.
Citigroup and Credit Suisse have dropped out of the U.S. initial public offering (IPO) of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two people with direct knowledge of the matter said.
Ferrari will issue its first fully electric model after 2025, with battery technology still requiring more development, Chief Executive Louis Camilleri said.
The battle for Britain's Just Eat, which pits investment giant Prosus against Dutch food ordering service Takeaway.com, is set to roll on through the Christmas holidays.
World shares took a fresh run at record highs on Thursday, as all the right messages from the U.S. Federal Reserve set traders up nicely for a packed day of milestone central bank meetings and a Brexit-defining election in Britain.
| Funds | News |
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Disclaimer
Funds are ranked in order of their 3 Year Total Return Annualized Performance (Daily)
Duplicate funds have been removed so not show multiple share classes, so funds with the highest total net assets are ranked.
Data provided by Lipper
About Lipper Ratings - Lipper Ratings for Total Return reflect funds' historical total return performance relative to peers. Lipper Ratings DO NOT take into account the effects of sales charges. Overall Lipper Ratings are based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable).
| S&P » | 3,141.63 | +0.29% |
| Dow » | 27,911.30 | +0.11% |
| FTSE 100 » | 7,255.09 | +0.54% |
| Nikkei 225 » | 23,424.81 | +0.14% |
| US 10YR |
+1.805
|
+0.015 |
| DE 10YR |
-0.330
|
-0.008 |
| JP 10YR |
-0.018
|
+0.005 |
| USD / EUR » | 0.8981 | -0.02% |
| USD / GBP » | 0.7588 | +0.15% |
| USD / JPY » | 108.6300 | +0.08% |