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Tokyo stocks retreat in morning after Mnuchin tweet on foreign investment

TOKYO, June 26 (Xinhua) — Tokyo lost ground Tuesday morning as investors turned risk-off following a tweet by U.S. Treasury Secretary Steven Mnuchin saying that more countries might be banned from investing in U.S. technology firms. The 225-issue Nikkei Stock Average dropped 116.82 points, or 0.52 percent, from Monday to 22,221.33. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 8.14 points, or 0.47 percent, at 1,720.13. Oil and coal product, mining, and service-linked issues comprised those that declined the most by the…

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Three investment tips on Father’s Day that can never go out of fashion

Patience is considered a trade virtue and more often than not is something that is lacking in most investors. Our parents managed money is such a way that it took care of the entire family and its needs. What did they do right? And where are we going wrong? This Father’s Day, let’s try to unravel the mystery. Maybe we would find some clues hidden behind the advice, rebukes, instructions that were a part of our growing up days. “Can we do it differently?”  “Can we do it differently”, how…

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US PIPS INDIA AS TOP GREENFIELD FDI INVESTMENT DESTINATION: REPORT

The US has surpassed India to become the top destination for greenfield FDI investment in 2017, says a report. The number of greenfield FDI projects in India during the year fell sharply by 21 per cent to 637, said the fDi Report 2018 compiled by FDI Intelligence, a division of The Financial Times Ltd. India had maintained the numero uno slot in greenfield FDI investment in 2015 and 2016. However, in 2017, the US reclaimed the spot from India, recording $87.4 billion of announced Foreign Direct Investment (FDI). In the…

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Father’s day: 5 investment options for fathers to secure their children’s future

Archit Gupta The batch of 2018 of the IIM-Ahmedabad, India’s bluest of the blue business school, will shell out close to Rs. 20 lakh as tuition fees. This shows a steady rise in cost of education. Gold, which is considered as one of the safest and most liquid investments and inevitable in Indian weddings, too underwent a drastic price hike. In the year 2000, the price per gram was around Rs. 440 per gram. Currently, it stands at around Rs. 3000 per gram. However, you can beat inflation – by…

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Tencent scraps investment in media company Chaping after the latter faces criticism for ‘hidden plagiarism’

Tencent Holdings, which owns China’s top social media app WeChat, has scrapped an investment of up to CNY 30 million ($4.7 million) in a content start-up that has been criticised online and by state media for its handling of copyright issues. News of Tencent’s investment in Chaping, a WeChat-based online media company whose name means “bad review”, had spurred questions about Tencent’s commitment to protecting intellectual property that is at the core of its own content business spanning publishing, entertainment and gaming. Representational image. Reuters. “We have reached consensus with the Chaping…

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5 best investment options to build wealth without taking too much risk

Every person needs to make financial planning his top priority today and save for the future. A wise man once said, “Make your money work for you, instead of working for it.” The old adage has held true till date because it aptly highlights the importance of financial planning. Financial planning is more than just monthly or yearly budgeting. It takes into account not only a person’s current needs, but also his future requirements. Still financial planning is a low priority for a majority of people as they perceive it…

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