Investors who made one of the biggest timberland purchases in years with plans to make carbon deals said they sold more than $100 million of so-called forest offsets during the…
Category: Market
Eye-Popping Yields Mask Paltry Returns From These Funds
For conservative income investors, some new funds look too good to be true. That’s because they are. Touting annual distribution rates of 50% or more, they generate cash by selling…
Moody’s Cuts China Credit Outlook to Negative on Growing Debt Risks
Updated Dec. 5, 2023 5:53 am ET China’s mounting local government debt woes are putting pressure on the country’s credit ratings. Moody’s Investors Service lowered its outlook for China’s credit…
Green Investors Were Crushed. Now It’s Time to Make Money.
Updated Dec. 5, 2023 12:06 am ET Invest according to your political views, and you’re unlikely to make money. Companies that appeal to left-wingers or to right-wingers might be good…
The Rise of Temu’s Chinese Parent Will Reshape E-Commerce
Move over, Alibaba. There’s a new online-shopping champion in China: PDD, the company behind discount-retailing app Temu, is now the country’s most valuable e-commerce company. After a 78% rise this…
AT&T Signs $14 Billion Supply Deal With Ericsson
AT&T struck a deal with Ericsson to buy up to $14 billion of its hardware and services after the Swedish equipment supplier pledged to open up its software to competing…
China Evergrande Avoids a Debt Disaster—for Now
China Evergrande Group, the giant property developer whose default two years ago fueled a crisis in the country’s real-estate market, got some unexpected good news on Monday. The company, once…