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19/08/2025
The main liquefied petroleum gas futures fell by 1.02% intraday to 4270 yuan per ton.
Latest
2 m ago
Israeli Finance Ministry: Israeli cabinet approves additional budget for 2025.
3 m ago
Southeast Asian Stock Market Closing Report | Vietnamese stock index closes up more than 1%, hitting a new closing high in history.
11 m ago
The US Department of the Treasury auctioned six-month Treasury bonds with a bid yield of 4.245% and a bid-to-cover ratio of 2.57.
11 m ago
Standard & Poor's: US public pension fund returns expected to exceed expectations.
11 m ago
In its latest report, S&P Global Ratings stated that the performance of US public retirement funds is expected to exceed typical investment expectations due to benefiting from strong stock market returns. Analysts predict that the rate of return on pension funds for the fiscal year ending in June will be between 11% and 12%, primarily driven by significant increases in stock prices. This year's better-than-expected performance further increases the estimated return rate for the 2024 fiscal year retirement funds to 16% to 17%. S&P noted that there is typically a one-year lag between measuring pension fund performance and formal reporting. The report stated that fund managers typically set a return target of at least 7% to maintain funding adequacy. S&P also raised its discount rate guidance from 6% to 6.5% based on market expectations that the market situation will continue to be driven by technologies such as artificial intelligence that improve productivity, as well as returns from private equity.
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