A federal district court in Missouri recently enjoined Missouri Securities Division rules that require financial firms and professionals to obtain clients’ signatures on state-prescribed documents before providing advice that “incorporates a social or nonfinancial objective.” The permanent injunction issued in Securities Industry and Financial Markets Association v. Ashcroft, No. 23-cv-4154 (W.D. Mo. Aug. 14, 2024), vindicates a
State economists on Wednesday increased general-revenue projections by a total of about $2 billion for the current fiscal year and next year, giving a boost to lawmakers as they start preparing to draw up a budget during the 2025 legislative session. A panel of economists known as the Revenue Estimating Conference said about half of
Eva-Katalin / Getty Images When it comes to investing, Gen Z has the advantage of time on their side. Born between 1997 and 2012, those in this generation are roughly 12 to 27 years old, meaning the young adults of the group have decades ahead of them to put their money toward that which will
Omar Slim and Andy Suen, co-heads of Asia fixed income at US asset manager PineBridge Investments, share their insights on the outlook for Asian high yield bonds and outline investment opportunities. Asia high yield’s performance in the first half of 2024 is likely to continue due to falling default rates, enhanced market diversification, and
Streetsblog California put a spotlight on new UCLA Luskin Center for Innovation reports assessing the impact of California’s Transformative Climate Communities (TCC) program, which helps local communities lead and plan projects that reduce emissions and bring economic, environmental and health benefits. In addition to describing individual projects funded by the program, the reports contain personal
A federal judge Wednesday struck down a pair of year-old Missouri investment rules that regulated “non-financial” investment advice from broker-dealers and investment advisors. Judge Stephen Bough of the U.S. District Court for the Western District of Missouri issued the order the day after hearing oral arguments from both parties, which had submitted dueling summary judgment
Production facilities are positioned strategically to maximise operational effectiveness, improve responsiveness, and save logistical expenses. Engineering assistance is essential as it provides specialised solutions while upholding the standards of quality and efficiency. Prior investments have been crucial in strengthening Incap UK’s standing in the manufacturing sector. Investment in technology such as an x-ray counting machine
© ITM Power / Shaun Flannery © ITM Power / Shaun Flannery ITM Power is now positioned to deliver profitability, but it needs more customers to make final investment decisions (FID) on hydrogen projects, according to the firm’s CEO. Today (August 15), the UK electrolyser manufacturer posted strengthened financial results for the year ended April
Canada Pension Plan Investment Board’s (CPP Investments) senior managing director and global head of private equity Kim Suyi is leaving after 17 years and will “take on new global investment leadership opportunities”, the pension fund announced on August 14. Kim Suyi Kim joined CPP Investments in Hong Kong in 2007 as managing director and head
Ideally, your overall portfolio should beat the market average. But the main game is to find enough winners to more than offset the losers At this point some shareholders may be questioning their investment in Al-Salam Real Estate Investment Trust (KLSE:ALSREIT), since the last five years saw the share price fall 56%. It’s worthwhile assessing