How the coronavirus will affect investors

first_imgLikewise, the share prices of companies directly affected by the impact of the coronavirus, such as those mentioned above, can also be expected to come under the cosh. Attention, though, is now starting to turn to the economic cost. In 2003, when the China-originating SARS coronavirus epidemic swept Asia, China’s economy – and especially its manufacturing industry – were a fraction of their present size. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. The early signs of this are already happening. Shares in HSBC (LSE: HSBA), for instance, are down – although this partly relates to the bank’s reported succession troubles, and its exposure to the ongoing unrest in Hong Kong. The UK makes up around just 4% of HSBC’s earnings – while Asia is a massive contributor. And my sense is that it won’t be long before other luxury brands begin reporting falling sales, too. China’s consumers are prolific shoppers – and when they’re confined to their homes, they aren’t touring shopping malls.Resource-hungry China is suddenly satedSecond, companies that export to China could also see falling sales, as a slowed-down Chinese economy consumes less. Quite rightly, the coronavirus originating from the Chinese city of Wuhan is making headlines around the world. Until recently, most of those headlines related to the human impact, in terms of the numbers of people infected, falling ill, and – sadly – dying. For UK investors, the impact will come about through the effect that the coronavirus has on China’s economy, and on the economies of other Asian nations that are affected. The Chinese shopper isn’t shoppingFirst, companies whose earnings depend on their operations within China and other Asian nations could be affected. Given how tightly synchronised the world’s automotive supply chains have become over the past few years, it’s hardly a surprise that it’s the automotive industry that has felt the pinch first. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. That certainly isn’t what I’m planning to do. This is precisely the sort of event that drives share prices down across the board – as we’ve seen happen with the Footsie already – and I wouldn’t be surprised if they fell further. Malcolm owns shares in Royal Dutch Shell, HSBC, BHP, Legal & General, Imperial Brands, Royal Mail, and GlaxoSmithKline. The Motley Fool UK owns shares of and has recommended GlaxoSmithKline. The Motley Fool UK has recommended HSBC Holdings and Imperial Brands.  How the coronavirus will affect investors Standard Chartered (LSE: STAN) is similarly exposed, and both it and HSBC are offering Hong Kong customers coronavirus-related debt relief measures such as mortgage holidays and interest-only periods.Luxury brand Burberry (LSE: BRBY) is another company suffering pain. Just over a third of its 60+ stores in China are shut – and China is a major revenue-earner for the brand. Simply click below to discover how you can take advantage of this. Malcolm Wheatley | Saturday, 22nd February, 2020 Exporting to China is big business for Australia, for example: think BHP Group (LSE: BHP) and a number of other Australian mining firms. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Image source: Getty Images Our 6 ‘Best Buys Now’ Shares I see in the news that LPG carriers and oil tankers being told to go away, with Chinese importers declaring force majeur.What to do?Reports that I’ve read have advised investors to seek safety in cash, or gold. Also heading downwards are oil prices, as China’s prodigious consumption slows. Hong Kong-based analysts at Morgan Stanley claim to literally see the effect of this in the amount of air pollution they observe from their high-rise offices looking out over China: activity could be as much as 80% below normal levels, they estimate. The trick lies in being ready to take advantage of them. Such a sentiment may be in poor taste – and let’s not forget that the coronavirus is a very real human tragedy – but it’s nevertheless a reality. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Bargains will emerge, much as they did during the last big sell-off, in early 2016. South Korea’s Hyundai is already badly hit, unable to source Chinese-manufactured components. Fiat Chrysler is also talking about suspending production in some of its European operations, for the same reason. Nissan has announced the cessation of production at one of its Japanese plants, again because of parts shortages. For investors – especially UK investors – the likely impact of the coronavirus will be experienced slightly differently, at least in the immediate future, and in the expectation that a large-scale outbreak can be avoided in the UK. If Chinese production re-starts soon, the industry might quickly recover. In the aftermath of the 2011 earthquake and tsunami that hit northeastern Japan, the industry has worked hard to build more resilience into its supply chains.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The workshop of the worldHow quickly Chinese production resumes, though, depends on the progress of the virus, and on the associated preventative measures. And if such measures continue – and factories remain closed – then it won’t be long before other industries are affected.China is the workshop of the world. And when that workshop shuts down, businesses elsewhere suffer. Retailers, for instance, may run out of stock of China-sourced items. Put another way, it’s no surprise that the Australian dollar is at an 11-year low. Enter Your Email Address Back then, China made up just 7% of global manufacturing output. These days, it’s about 25%. So when a swathe of factories across China cease production, it isn’t going to be long before the effects are felt elsewhere.Fractured supply chainsAnd this is precisely what is starting to happen. See all posts by Malcolm Wheatleylast_img read more

Kirsty Appeal launches fundraising wristband

first_img Kirsty Howard, the young girl who fronts the Kirsty Appeal, which raises funds for the Francis House Children’s Hospice, has launched a fundraising wristband.Wristbands are now on sale for £2 with “all money going to secure the future of Francis House.”Kirsty is reportedly improving after spending the weekend “battling for her life” in hospital. Advertisement  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Recruitment / people Trading About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.center_img Kirsty’s appeal has already raised over £3.6 million towards its £5 million goal. Kirsty celebrates her 10th birthday at the on 17 September 2005. Kirsty Appeal launches fundraising wristband Howard Lake | 31 July 2005 | Newslast_img read more


first_imgWe hope that today’s “READERS FORUM” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way? WHAT’S ON YOUR MIND TODAY?Todays“Readers Poll” question is: If the election was held today for the Evansville City Council 1st Ward seat who you vote for?Please go to our link of our media partner Channel 44 News located in the upper right-hand corner of the City-County Observer so you can get the up-to-date news, weather, and sports.If you would like to advertise on the CCO please contact us at City-County [email protected] comments posted in this column do not represent the views or opinions of the City-County Observer or our advertisers.FacebookTwitterCopy LinkEmailSharelast_img read more

UK roundup: Suffolk LGPS, BMW UK, Cameron Hume, Pemberton

first_imgSuffolk Pension Fund (SPF), the pension provider for 55,600 local government employees in the East Anglian county of Suffolk, has reported a 0.7% return for the year to 31 March on its £2.2bn (€2.8bn) portfolio, compared with 14.6% for the previous year. However, SPF said its most recent return was 0.5% higher than the average achieved by other local authority funds.SPF’s annualised return is now 7% for the three years, and 7.3% for the five years, to the same date.SPF invests exclusively in pooled funds. At 31 March, 50.5% of the portfolio was invested in equities (17.5% in the UK and 33% overseas), with 19.9% in fixed income (primarily global bonds).Property made up 11%, while 17.3% was in other alternatives, primarily absolute return (9.5%), private equity (3%) and infrastructure (2.4%).An interim valuation showed that the funding level at March was 78.5% and the actuarial deficit at that date £592m. In other news, BMW Group is proposing to close its two UK defined benefit (DB) pension schemes to future accrual from 1 June 2017 and to have staff join the company’s defined contribution (DC) scheme instead.The closure of the DB scheme would affect some 5,000 staff across all the company’s UK operations.BMW has launched a consultation on its proposal.Trade union Unite has said it will fight the plans “tooth-and-claw”.A spokeswoman for BMW said the cost and risk associated with DB schemes were making them increasingly unsustainable and unaffordable for members and companies like BMW. “BMW Group has always prided itself in providing excellent pensions for its staff and wants to act now to protect future pension provision for all its staff and to help protect the cost competitiveness of the UK as a manufacturing base,” she said.BMW’s DC scheme was launched in early 2014 and has more than 2,000 members.Meanwhile, Edinburgh-based investment management company Cameron Hume has teamed up with firms in Australia and Sweden as part of a plan to expand to the institutional business in new areas.The Scottish firm has signed distribution agreements with AFM Investment Partners in Melbourne, and Nordicus Capital, which covers the Nordic region from Stockholm.The partner companies will be responsible for identifying opportunities for Cameron Hume to work with institutional clients, including pension funds, sovereign wealth funds and insurance companies.Cameron Hume specialises in fixed income investments for large, sophisticated institutional clients, managing $600m (€535m) on behalf of Sanlam, a South African insurer.Lastly, Pemberton has launched a UK mid-market direct lending strategy, aiming to raise £500m for a sterling-denominated fund that will invest in dynamic mid-sized UK businesses.The asset management group said the new fund was anchored by two leading institutional investors, naming Legal & General Capital (LGC) as one, and will allow investors with long-term capital to take advantage of the financing gap created by banks’ withdrawal from new corporate lending. It expects a first close before the end of the year.John Doyle, head of origination UK at Pemberton, said its origination team had sourced more than 100 opportunities in the past 12 months “and, importantly, the UK’s decision to leave the European Union has not impacted this appetite”.The UK mid-market debt fund is Pemberton’s second, coming on top of one with a pan-European focus.last_img read more

GOtv Boxing Night 17: New WBF Intercontinental Champion Eyes World Title

first_imgThe Nigerian boxer said he was delighted at winning the vacant Intercontinental super featherweight belt, but said his attention has now shifted to winning the WBF world title.“It was great to win the title in my first fight at home, a truly remarkable moment. However, I now have to concentrate on how I can win the WBF super featherweight world title. I am now a contender for the title, so I am intensifying my preparations to ensure I get the biggest prize in the weight division,” he said.Wahab thanked GOtv Boxing Night for providing him with the opportunity to showcase his skills and win the title at home. He also thanked Nigerians for coming out en masse to support him during the fight, promising them that he would make the country proud by winning the world title.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram New World Boxing Federation (WBF) Intercontinental super featherweight champion Segun “The Machine” Wahab, has declared readiness to win the boxing body’s world title very soon.Wahab won the WBF Intercontinental title after defeating his Tanzanian opponent, Issa “Peche Boy” Nampepeche, at GOtv Boxing Night 17, last Friday at the Tafawa Balewa Square, Lagos.The unanimous decision victory entitles Wahab, who fought in Nigeria for the first time, to have a shot at the world title, currently held by Rwanda’s Patrick Kinigamazi.last_img read more

Chelsea ‘will loan De Bruyne to Southampton’

first_imgChelsea will loan Kevin de Bruyne to Southampton so he can gain Premier League experience, The Sun report.De Bruyne, 20, was signed from Genk for £7m in January and is tipped to join the newly promoted Saints.FC Twente defender Douglas, who is said to be a target for Chelsea, believes Newcastle are looking to sign him.The 24-year-old Brazilian told NuSport: “Five clubs are interested and there’s a bigger club than Newcastle. I cannot still say anything about it, but I hope soon to have my new club.”Meanwhile, the Daily Star report that out-of-contract midfielder Danny Murphy is set to sign a new contract at Fulham.French media have reported that QPR are interested in Bordeaux left-back Benoit Tremoulinas.The 26-year-old, apparently rated at £10m, has two years of his current contract left to run and is said to want to move to England.The Daily Mail say Rangers are keen on former Everton and Portsmouth midfielder Manuel Fernandes, who is potentially available on a free transfer after a contract dispute with BesiktasThe Mail also say QPR captain Joey Barton is confident he will not be charged after being arrested following an incident in Liverpool over the Bank Holiday weekend.The Sun suggest Barton will be sacked by the club if he is found guilty. Follow West London Sport on TwitterFind us on Facebooklast_img read more

A Brain Wouldn’t Survive Star Travel

first_imgDon’t take a star trek unless you want to arrive demented.According to Science Daily, prolonged exposure to cosmic radiation accelerates the development of dementia, including Alzheimer’s Disease.  The headline says it: “Space Travel May Be Harmful to the Brain, Study Suggests; Prolonged Cosmic Radiation Exposure Could Hasten Alzheimer’s.”  The press release at the University of Rochester put it this way: “Houston, We Have Another Problem.”A study published in PLoS ONE (open access) found that mice at Brookhaven National Lab exposed to radiation levels similar to those in space had accelerated levels of dementia.  This damage adds to the well-known cancer risks and potential for muscle atrophy for long trips in weightlessness. The new study shows that galactic cosmic rays not only have cardiovascular and musculoskeletal impacts – they slowly destroy the brain.Why is galactic cosmic radiation so damaging?  Can’t NASA guard against it?  The press release explains,While space is full of radiation, the earth’s magnetic field generally protects the planet and people in low earth orbit from these particles. However, once astronauts leave orbit, they are exposed to constant shower of various radioactive particles. With appropriate warning, astronauts can be shielded from dangerous radiation associated with solar flares. But there are also other forms of cosmic radiation that, for all intents and purposes, cannot be effectively blocked.That’s because cosmic rays are so energetic; shielding cannot stop them, or else it creates a shower of lower-energy particles that are also damaging. Heavy iron particles sent out from galaxies would be impossible to deflect: “One would have to essentially wrap a spacecraft in a six-foot block of lead or concrete,” co-author M. Kerry O’Banion said.  Try launching that out of Earth gravity.There aren’t as many cosmic particles as those in the solar wind, but the damage they cause accumulates. “Because this radiation exists in low levels, the longer an astronaut is in deep space, the greater the exposure.”  At this rate, forget star travel; the effects may be too harsh for astronauts on NASA’s drawing-board proposals for a 3-year mission to Mars.Update 1/07/13:  Science NOW reported on results from the Mars500 mission simulation, during which six practice crewmen lived in the confinement of a space capsule for 520 days – the length of time for a Mars round trip.  In short, they became couch potatoes: lethargic, bored, and unenthusiastic.  This is another reality that mission planners will have to take into account.This updates an entry from 9/23/2006, showing that the problem has not gone away with six more years of research.  The take-home lesson should be gratitude for the safety bubble we inhabit in the cosmic shooting gallery, allowing us to live, love, and enjoy the beauty of creation.  Safe within our bubble, Hollywood screenwriters can envision epic space voyages (acted out by actors in Earth-bound studios), and astronomers can search out the most distant galaxies and strive to understand the entire universe from a protected platform – our Privileged Planet. (Visited 25 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Inclusive internet essential to Africa’s growth – Cwele

first_imgThe internet should be open, neutral, resilient, interoperable and responsive to the growth needs of all. This was the message Dr Siyabonga Cwele, South Africa’s telecoms minister, brought to the fifth annual meeting of the African Internet Governance Forum this week.The main theme of the meeting, held in Durban from 16 to 18 October, is “Inclusive development and the digital transformation of Africa”.”While the internet was first developed in the US, it has become a global resource for the development of all our citizens,” Cwele said.”The African continent believes internet governance should be multilateral and democratic. It should involve all governments and relevant stakeholders – such as academics, NGOs and ICT companies – in their respective roles.“The minister cited the launch of the first African Regional Internet Exchange in Johannesburg three weeks ago by African Union (AU) Commissioner Dr Elham M Ebrahim as an example of internet innovation on the continent.The African Internet Governance Forum (AfIGIF) annual meeting has been held every year since 2012. This year’s gathering aims to discuss and finalise African positions on the internet and its governance ahead of the December 2016 Global Internet Governance Forum in Mexico.”We are extremely grateful for your continuing partnership,” Cwele told delegates. This, he said, would “ensure that we build an inclusive continent by rolling out large infrastructure projects that connect Africans to opportunities – and each other”.A robust internet was essential to achieving the AU’s Agenda 2063, Cwele said. This 50-year plan aims to build effective institutions, enhance accountability, strengthen solidarity and integration, ensure gender equality and youth empowerment, and achieve peace and security across the continent.”AU infrastructure projects, particularly those of power and internet connectivity, are crucial for this continent to leapfrog in development to be on a par with the developed world,” he said.Locally, South Africa Connect, the country’s national broadband policy, has been prioritised as part of the Nine Point Plan to reignite growth after the global economic downturn.More than this, the South African government recently finalised the National Integrated ICT White Paper to guide the development of information technology. This was achieved, Cwele said, “after long consultations since 2012, and in line with our vision 2030, the National Development Plan”.The white paper, he said, outlined a policy framework for maintaining an open internet, to maximise the net’s potential to transform how citizens interact with their government, how government delivers services, and how businesses transact.”We need to ensure that the continent is empowered to take advantage of the internet and the Fourth Industrial Revolution,” Cwele said.”I hope that after three days we will have an action plan that we can take to the Global Internet Governance Forum and show that Africa is ready to do business with the international internet community on an equal footing.” reporterWould you like to use this article in your publication or on your website? See Using material.last_img read more

Odisha villagers in panic after wolves kill sheep


Maharashtra tops in justice delivery

first_imgMaharashtra has topped the list of 18 large-medium States in the overall first-ever ranking of Indian States on justice delivery, followed by Kerala, Tamil Nadu, Punjab and Haryana. In this category, Jharkhand, Bihar and Uttar Pradesh are at the bottom, while among the list of seven smaller States, Goa leads the group.This is according to the India Justice Report 2019, released on Thursday by the Tata Trusts in collaboration with Centre for Social Justice, Common Cause, and Commonwealth Human Rights Initiative, among others.Public dataThe report has been prepared based on publicly available data of different government entities on the four pillars of justice delivery — police, judiciary, prisons and legal aid.Releasing the report, Justice (Retd.) Madan B. Lokur called it a pioneering study and said: “The findings establish beyond doubt very serious lacunae in our justice delivery system. It is an excellent effort to mainstream the issues concerning our justice system, which in fact affect every aspect of society, governance and the economy.” He added that judiciary and the government should take note of the significant findings, and the States too should act to urgently plug the gaps in the management of the police, prisons, forensics, justice delivery, provision of legal aid, and the filling up of vacancies.The report highlights the fact that even the best performing States scored less than 60% in their performance on capacity across the police, judiciary, prisons and legal aid.The country has about 18,200 judges with about 23% sanctioned posts vacant, notes the report, adding that women are poorly represented in these pillars, constituting just 7% of the police.“Prisons are over-occupied at 114%, where 68% are undertrials awaiting investigation, inquiry or trial. Regarding budgets, most States are not able to fully utilise the funds given to them by the Centre, while the increase in spending on the police, prisons and judiciary does not keep pace with the overall increase in State expenditure,” the report said.Budget constraintsIt added that some pillars also remain affected by low budgets. For instance, India’s per capita spend on free legal aid is 75 paise per annum, the report said.The report looked at data indicators from the four pillars, covering themes like infrastructure, human resources, diversity (gender, Scheduled Caste/Scheduled Tribe/Other Backward Class), budgets, workload and trends over the last five years.‘Grim picture’“Collectively, the data paints a grim picture. It highlights that each individual sub-system is starved for budgets, manpower and infrastructure; no State is fully compliant with the standards it has set for itself. Governments are content to create ad hoc and patchwork remedies to cure deeply embedded systemic failures. Inevitably, the burden of all this falls on the public,’’ noted Maja Daruwala, chief editor, India Justice Report.last_img read more

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