Your Money: Millennials should shrug off annuities for now

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Your Money: Millennials should shrug off annuities for now

The days of guaranteed pensions from work are long gone, but can annuities make up the difference for millennials?

Father Figures: Dad's best financial advice

Fathers pass down many things to their kids, but not just genetic traits like eye color or hairlines.

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company.

Seeking shelter from trade war, fund managers bet on China's consumers

China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks as the long-term promise of a growing middle class trumps more immediate fears about tariffs.

Safe havens emerge in China, South Asia as recession risks grow

Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold.

Australian regulator slaps stricter conditions on AMP's pension funds, shares fall

Australia's banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd's pension fund units following concerns regarding its compliance with superannuation laws, sending its shares down more than 4%.

U.S. recession odds rise to 40-45% in six months: DoubleLine's Gundlach

Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the odds of the United States sliding into a recession in the next six months have risen to 40-45% and the odds were 65% within the next year.

Risk appetite emerges as U.S.-based equity funds attract $4.4 billion

U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv's Lipper, as the United States and Mexico struck a deal to avert tariffs.

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