ETMarkets Fund Manager Talk: Sectoral Funds to Grow at a Faster Pace Driven by New Launches and Flows: LIC MF

LIC Mutual Fund predicts that thematic and sectoral funds, which have attracted a lot of interest from investors over the past year, would continue to do well in the foreseeable future. According to Amit Nadekar, senior fund manager - equity at the fund house, investors are now placing wagers on ...

South Korea has made an announcement regarding a proposal to settle a labour dispute with Japan that dates back to the war.

On Monday, South Korea unveiled a controversial plan to raise local civilian funds to compensate Koreans who won damages in cases against Japanese businesses that enslaved them during World War II.

The proposal is a reflection of conservative South Korean President Yoon Suk Yeol's d...

Under fire, Korea's pension fund looks to international stocks for growth.

South Korea's state pension fund is increasing its investments in overseas companies in response to increased pressure to improve returns amid worries that the fund could deplete sooner than projected as a result of fast demographic shifts. On Friday, the pension service's budget committe...

French medical testing facilities are on strike over funding issues.

Since Monday, a widespread strike has been ongoing in the French medical testing centres, often known as medical "laboratories." As a form of protest against the government's decision to lower their budget in the 2023 social security finance bill, workers have announced a strike tha...

The Korean Stock Market Is Expected to Raise in 2023, and You Need to Know How to Invest in It.

This closed-end fund has outperformed its benchmark over the past decade and trades at a significant discount of almost 15%. The expense ratio is also reasonable. When compared to international stock markets, Korean stocks have a forward price-to-earnings ratio that is relatively low. In addition...

Exceptional Ventures' Health Fund

As a result of the fact that the aftermath of the pandemic is anticipated to persist for a significant amount of time, venture capitalists that concentrate their efforts on health, welfare, and general "pleasure" may experience a rise in their fortune. In recent years, venture capital f...

Thailand's Economy Will Be Boosted by Digital Technology

The direction of Thailand's Digital Economy and Society Development Fund (DE Fund) for 2023 has been set by General Prawit Wongsuwan, Deputy Prime Minister and Chair of the DE Fund Executive Committee, to enhance Thai economic and social development capability through digital technology.

Thai oil prices have little possibility of lowering, according to the energy ministry

Because the government must support the Oil Fuel Fund, which will have accrued about 100 billion baht in debt by the end of the year due to the oil price subsidy programme, according to Finance Minister Arkhom Termpittayapaisith, oil prices at gas stations in Thailand are unlikely to decrease eve...

Refineries & Oil Fund

The government has convinced operators of oil and gas refineries to contribute up to 8 billion baht per month from July to September to the Oil Fuel Fund, according to the permanent secretary of the energy ministry. By continuing to provide a 20-billion-baht-per-month subsidy, an increase in the ...

Biden and US allies are confronted with a fresh quandary on Ukraine funding

'I want to weep,' says one. From a Russian hospital, a Ukrainian orphan communicates with his grandfather. Ukraine's military took a defiant stand this weekend, refusing to surrender its troops in the port city of Mariupol to Russia, at the same time that President Joe Biden and his a...

Adex and the Brazilian delegation are looking at measures to improve economic cooperation

As of 2020, commerce between the UAE and Brazil was $2.7 billion, with agriculture items accounting for 60% of all Brazilian exports to the UAE and chemicals and sulphur accounting for the majority of Brazilian imports from the UAE.

Mohammed Saif-Al-Suwaidi, director-general of the Abu ...

The Call for European Games Funds to be Utilized for the Ukrainian Refugees

An online appeal was issued by Stowarzyszenie Miasto Wspólne, that is a Joint City Association, that the Prime Minister of Poland, Mateusz Morawiecki, donate the funds in Ukraine’s support.

Tomasz Le?niak signed a statement in this regard, on the organization’s behalf...

The Grant of €285 million to European Social Fund (ESF) operational programmes (OPs) of France, Germany and Romania

France is awarded a sum of €24 million for the European Social Fund (ESF) Operational Programmes (OP) for the Guiana overseas department. The funds are to financially aid students who might drop out of school because of financial burdens, for instance with tailored intensive support programm...

The Australian Upcoming Budget Attracts Several Funding Submissions

As there is a new budget coming for Australia, the wish list of its research community includes an increase in the funding for National Health and Medical Research Council (NHMRC), an escalation in rural health research investment and an expansion of the Cooperative Research Centres programme.

Singapore-based StaffAny Acquires 3.4 million Dollars from GGV-led Funding

A management platform for businesses with shift workers, StaffAny has managed to raise 3.4 million dollars in Series A funding led by GGV Capital. The round featured the participation of Far East Ventures, East Ventures, Farquhar Venture Capital, FreakOut Shinsei Fund, and angel investors.

Teamwork is Dreamwork

The President of FIFA, Gianni Infantino, said during a visit to the Federation’s headquarters in Zurich, that everything in their sport was connected. He said that everyone needs to play their part to give every talent a chance. The General Secretary of FA Thailand, Joe Patit Suphaphongs, t...

European Union Funds a Project to Increase Primary Healthcare Access

The European Union has funded a new project that will deliver digital healthcare equipment to two hundred rural healthcare facilities in Georgia. In addition to this, fifty centers will be given digital equipment for diagnosing chronic diseases and for routine healthcare services for children. Th...

$740 Million fund to develop low-emissions technology in Australia: Morrison

Prime Minister Scott Morrison has announced that Australia will be investing A$1 billion fund in companies to develop low-emissions technology. The country is currently seeking to attain net zero target by 2050 and also trying to cut down carbon emissions.

HIghlights

China vowed to end coal funding in overseas projects

Highlights

• China announced that it will stop funding coal projects overseas
• US will double its contribution towards climate change

President Xi Jinping announced that China will stop funding coal projects overseas. The President made...

United Nations Secretary General addressed a meeting in Rome

UN Secretary General Antonio Guterres while addressing a meeting in Rome, warned about climate change, poverty, rising food prices and unequal incomes. The food system is responsible for 80% loss of biodiversity. He said that the food system generates one third of emitted greenhouse gases.