By Lee Liang-hui and William Hetherington / Staff reporter, with staff writer Insurance companies could face their highest number of claims since the COVID-19 pandemic, due to property damage and canceled flights caused by Typhoon Gaemi, Civil Aviation Administration (CAA) statistics showed. Nearly 400 international flights were canceled or delayed on Wednesday and Thursday last
The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients. MSCI MSCI, which provides investment indices, has launched MSCI Private Capital Indexes, which capture returns and other data from global markets, a rising area of interest for wealth managers and other investors. Covering private equity, private
Jersey City is aiming to cash in on the “risky” and “speculative” cryptocurrency market by investing a piece of the city’s pension fund. While referred to as a currency, crypto is a digital asset that many see as the future of investment and spending across the world, even if few business currently accept it as
Milan prosecutors have launched an investigation into an Italian unit of Amazon for suspected tax evasion, according to Reuters. This probe is separate from a recent high-profile case involving a substantial asset seizure from another of Amazon’s Italian subsidiaries. Earlier this week, Italy’s tax police seized approximately 121 million euros ($131 million) from a different
Some California beachfront homeowners are being criticized online for claiming beach areas near their homes are private property and telling people to stay off ‘their’ land. Due to the 1976 California Coastal Act, which gives residents access to the state’s beaches, people are chiming in on the validity of the claims made in two recent
Shell Asset Management Co. decreased its position in Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 3.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,394 shares of the real estate investment trust’s stock after selling 574 shares during the
Surge Energy Inc. (TSE:SGY – Get Free Report) declared a monthly dividend on Monday, July 15th, TickerTech reports. Investors of record on Wednesday, July 31st will be given a dividend of 0.043 per share on Thursday, August 15th. This represents a $0.52 dividend on an annualized basis and a yield of 7.44%. The ex-dividend date
Palm Beach land baron Ken Griffin, who in 2021 paid $43.2 million at auction for a first-edition copy of the U.S. Constitution ― and put a cherry on the deal by snatching it from the Red Bull-stained fingers of those snot-nosed GameStop brats ― has been shopping again. The hedge fund CEO is the buyer
Starwood Property Trust, Inc. (NYSE:STWD – Get Free Report) declared a quarterly dividend on Friday, July 26th, Wall Street Journal reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.48 per share by the real estate investment trust on Wednesday, January 15th. This represents a $1.92 dividend on an annualized
U.S. Energy Corp. (NASDAQ:USEG – Get Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 57,300 shares, a growth of 117.0% from the June 30th total of 26,400 shares. Based on an average daily volume of 46,200 shares, the short-interest ratio