As the economy began bouncing back from the coronavirus pandemic, interest in investment products that promoted good environmental, social and governance practices took off.
Buffett on market timing: ‘We haven’t the faintest idea’
The Oracle of Omaha didn’t become the multi-billionaire he is today by timing the market. “We haven’t the faintest idea what the stock market is gonna do when it opens on Monday — we never have,” Berkshire Hathaway (BRK-A, BRK-B) Chairman and CEO Warren Buffett said during the company’s annual shareholders meeting on Saturday.
Asia-Pacific stocks lower as data show Chinese factory activity contracted in April
Shares in Asia-Pacific slipped on Monday, with data released over the weekend showing Chinese factory activity contracted in April. In Japan, the Nikkei 225 closed 0.11% lower as shares of robot maker Fanuc dropped 2.26%. The Topix index dipped fractionally to 1,898.35.