Following the onset of recession in Singapore in mid-1985, the Singapore Dollar came under speculative attack. MAS, under the direction of its then Deputy Chairman, Dr Goh Keng Swee, issued a public statement on 16 September 1985 to explain the government's reasons for a strong currency. At...
Informally, diversification is often linked to the basket-and-egg proverb, which can be traced back to Miguel de Cervantes' novel "Don Quixote": "To withdraw is not to run away, and to stay is no wise action when there's more reason to fear than to hope; 'tis the part of a wis...
Because of the US dollar settlement, the clothing orders for spring and summer this year have already been sold to Zhang Dong Qing by US dollars in advance. "The recent settlement of foreign currency, the renminbi is more, the difference is more profits." From the end of last year, the ...
“I want a strong dollar, but I want a dollar that does great for our country, not a dollar that’s so strong that it makes it prohibitive for us to do business with other nations and take their business,” Trump said during a speech in March, before launching into criticism of Fed ...
So here we are, teetering on the precipice of a quantum computing paradigm, and all of us, my fellow tech whisperers, are part of this grand odyssey. It is up to the innovative, the bold, and the brilliant among us to navigate these uncharted digital territories and secure humanity’s fi...
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores...
Heading into 2025, U.S. equities and the dollar were widely expected to outstrip their foreign counterparts. So far this year, however, the U.S. benchmark S&P 500 has risen just over 1% against a roughly 7% climb for an MSCI index of stocks in over 40 other countries, while the green...
Even in the U.S., where the wish for a stable currency is strong, the dollar has fallen a staggering(惊人的) 86% in value since 1965, when I took over management of Berkshire. It takes no less than $7 today to buy what $1 did at that time. Consequently, a tax-free institution ...
"The trend is shocking!" Akira Ohmori, Chief Japanese Strategist at Mizuho Securities, said in a media interview, indicating that the Japanese government will intervene in the market at any time. However, the analyst said, "Now it's up to the US dollar. With the US dollar so strong, (...
This strategy, known as dollar-cost averaging, helps reduce the impact of price swings while building your gold holdings responsibly. The bottom line A balanced approach is key when adding gold to your portfolio before 2025. While some may want to dive in heavily given current market conditions...