You are here

Business

These Are The Top Stock Holdings Of The World's Biggest Pension Fund

These Are The Top Stock Holdings Of The World's Biggest Pension Fund

After three consecutive quarters of losses, the world's biggest pension funds, Japan's Government Pension Investment Fund, posted its first modest profit in the third quarter ended Sept. 30, providing a reprieve to the state money manager after it had come under attack in recent quarter for taking on too much risk by taking on too much exposure in risky assets.

US Services Economy Declines Post-Trump, But Markit Sees "Green Light" For Fed Hike

US Services Economy Declines Post-Trump, But Markit Sees "Green Light" For Fed Hike

Just days after Markit reported a surprising upward impulse for the US manufacturing sector under President-elect Donald Trump, moments ago we learned that the US service industry declined in the month of November. As Markit notes, “the November PMI surveys provide the first snapshot of US business conditions in the wake of the surprise election result, and show a reassuring picture of sustained solid economic expansion and hiring."

Pages