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(Reuters) - Junk bonds, the only fixed-income segment still offering positive returns this year, will continue their outperformance, according to investor bets the U.S. Federal Reserve will eventually put its foot down and calm bond markets.
FILE PHOTO: Trader Frank Masiello talks on his phone on Wall St. outside the New York Stock Exchange (NYSE) in New York, U.S., January 15, 2021. REUTERS/Brendan McDermid/File Photo
The sector, with credit scores below BBB-minus, is among the riskiest debt categories. But it weathered February’s market storm better than most, delivering year-to-date returns around 1%, BofA indexes show.. Sovereign and higher-grade corporate bonds are in the red.
Fans were disappointed when Universal Studios had to cancel their planned festivities for their annual Halloween Horror Nights in both Orlando and Hollywood last year, with the amusement park teasing today that Halloween Horror Nights in Orlando aims to return this fall, which is set to include an [.]
A late rally in Chinese shares on Friday helped pull Asian stocks off one-month lows as investors picked bargains while attention shifted to U.S. non-farm payrolls due later in the day.
WPP executive bullish on China s digitalization By ZHENG XIN | China Daily | Updated: 2021-03-05 09:26 Share CLOSE Tencent Holdings Ltd showcases its image recognition technology during an internet expo in Wuzhen, Zhejiang province.[Photo by Tian Jianming/For China Daily]
WPP is eyeing further growth in the Chinese market by making a bet on short video apps, gamification, entertainment marketing and more, said Mark Read, chief executive officer of the company.
The company said that while its businesses and operations in China are already recovering from the COVID-19 pandemic, it aims to further strengthen its business in the country through innovative creative offerings and integrated client solutions.