Latest news with #Principles
Saba Yemen
21-05-2025
- Politics
- Saba Yemen
Iranian Parliament approves draft law on strategic treaty with Russia
Tehran - Saba: The Islamic Consultative Assembly of Iran (parliament) approved the "General Principles of the Draft Comprehensive Strategic Partnership Treaty between Iran and the Russian Federation" on Wednesday. Iran's Tasnim News Agency reported that "this ratification was approved with 191 votes in favor, 8 against, and 2 abstentions, out of a total of 201 votes." Last April, Russian President Vladimir Putin signed a law ratifying the Comprehensive Strategic Partnership Agreement with Iran, according to a statement published on the official website of the Russian government's laws and decrees. According to the statement, "The agreement was signed on January 17, 2025, during Iranian President Masoud Pezeshkian's visit to Moscow." According to the document, the two sides seek to deepen and expand relations in all areas of mutual interest, enhance cooperation in the field of security and defense, and closely coordinate activities at the regional and global levels, consistent with a long-term, comprehensive, and strategic partnership. According to the statement, "The two sides agreed that if one of the parties is subjected to aggression, the other party will not provide any assistance to the aggressor." The statement stated that "Russia and Iran will jointly contribute to promoting peace in the Caspian Sea region, Central Asia, the Caucasus, and the Middle East." According to the agreement, "Russia and Iran may carry out joint investments in the economies of third countries, and they also support international Internet governance with equal rights for all states." It is worth noting that the comprehensive strategic partnership agreement between Russia and Iran was concluded for a period of 20 years, with automatic extension for subsequent five-year periods. Whatsapp Telegram Email Print
Yahoo
14-05-2025
- Business
- Yahoo
Ray Dalio's Strategic Moves: SPDR S&P 500 ETF Trust Sees Significant Reduction
Ray Dalio (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Ray Dalio (Trades, Portfolio) is the Founder, Co-Chairman, and Co-Chief Investment Officer of Bridgewater Associates. The guru started Bridgewater out of his two-bedroom apartment in New York in 1975. Under his leadership, the firm has grown into the fifth most important private company in the US according to Fortune Magazine. For his and Bridgewater's industry-changing innovations as well as his work advising policymakers around the world, Ray has been called the Steve Jobs of Investing by aiCIO Magazine and Wired Magazine, and named one of the 100 Most Influential People by TIME is also the author of The New York Times #1 Bestseller "Principles," which outlines his work and life principles, the foundation of Bridgewater's distinctive culture and the cornerstone of his and Bridgewaters success. Ray and Bridgewater also recently published "Principles for Navigating Big Debt Crises," the first public dissemination of their research on these economic events, which enabled them to anticipate the 2008 Financial Crisis. Dalio built Bridgewater using a principled-based approach, applying standard ways to deal with situations that occur over and over. With the goal of creating an idea meritocracy, he wrote a set of principles that became the framework for the firm's management philosophy. Chief among them is employing radical truth and radical transparency encouraging open and honest dialogue and allowing the best thinking to prevail. His principles were captured in a TED Talk and published in a bestselling book in a global macro-investment manager, Bridgewater takes a diversified approach spanning more than 150 different markets. With deep expertise in portfolio construction and risk management, the firm develops insights and design strategies to deliver value to its clients through any economic environment. Ray Dalio (Trades, Portfolio) added a total of 123 stocks, among them: The most significant addition was SPDR Gold Shares ETF (GLD), with 1,106,395 shares, accounting for 1.48% of the portfolio and a total value of $318.8 million. The second largest addition to the portfolio was Inc (NASDAQ:JD), consisting of 2,786,833 shares, representing approximately 0.53% of the portfolio, with a total value of $114.6 million. The third largest addition was United Airlines Holdings Inc (NASDAQ:UAL), with 1,531,302 shares, accounting for 0.49% of the portfolio and a total value of $105.7 million. Ray Dalio (Trades, Portfolio) also increased stakes in a total of 283 stocks, among them: The most notable increase was Alibaba Group Holding Ltd (NYSE:BABA), with an additional 5,405,235 shares, bringing the total to 5,660,258 shares. This adjustment represents a significant 2,119.51% increase in share count, a 3.31% impact on the current portfolio, with a total value of $748.5 million. The second largest increase was Baidu Inc (NASDAQ:BIDU), with an additional 1,879,715 shares, bringing the total to 2,076,305. This adjustment represents a significant 956.16% increase in share count, with a total value of $191.1 million. Ray Dalio (Trades, Portfolio) completely exited 150 of the holdings in the first quarter of 2025, as detailed below: ON Semiconductor Corp (NASDAQ:ON): Ray Dalio (Trades, Portfolio) sold all 676,720 shares, resulting in a -0.2% impact on the portfolio. Moderna Inc (NASDAQ:MRNA): Ray Dalio (Trades, Portfolio) liquidated all 605,782 shares, causing a -0.12% impact on the portfolio. Ray Dalio (Trades, Portfolio) also reduced positions in 252 stocks. The most significant changes include: Reduced SPDR S&P 500 ETF Trust (SPY) by 4,889,807 shares, resulting in a -59.4% decrease in shares and a -13.14% impact on the portfolio. The stock traded at an average price of $587.78 during the quarter and has returned -3.37% over the past 3 months and 0.52% year-to-date. Reduced AppLovin Corp (NASDAQ:APP) by 486,443 shares, resulting in a -98.7% reduction in shares and a -0.72% impact on the portfolio. The stock traded at an average price of $344.61 during the quarter and has returned -26.61% over the past 3 months and 15.62% year-to-date. At the first quarter of 2025, Ray Dalio (Trades, Portfolio)'s portfolio included 664 stocks, with top holdings including 8.67% in SPDR S&P 500 ETF Trust (SPY), 5.67% in iShares Core S&P 500 ETF (IVV), 4.75% in iShares Core MSCI Emerging Markets ETF (IEMG), 3.47% in Alibaba Group Holding Ltd (NYSE:BABA), and 2.18% in Alphabet Inc (NASDAQ:GOOGL). The holdings are mainly concentrated in all 11 industries: Technology, Financial Services, Consumer Cyclical, Communication Services, Healthcare, Industrials, Energy, Consumer Defensive, Utilities, Basic Materials, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus.
Tatler Asia
12-05-2025
- Business
- Tatler Asia
The hidden wisdom of investing legends: 5 powerful lessons for a prosperous life
Peter Lynch: finding wisdom in everyday life The former Magellan Fund manager championed investing in what you know. Lynch discovered investment opportunities through everyday experiences, investing in Dunkin' Donuts after being impressed by their coffee and in The Gap after observing its popularity with teenagers while shopping with his daughters. Perhaps his most profound lesson came from his decision to retire at 46 to prioritise family, noting: 'When the operas outnumber the football games three to zero, you know there is something wrong with your life.' Lynch's actionable investment wisdom: Pay attention to products and services you personally use and understand. Your everyday consumer experiences can identify promising investments before Wall Street notices them, giving you an edge through practical knowledge. Jack Bogle: the champion of everyday investors The founder of Vanguard revolutionised investing through a surprisingly counterintuitive approach: instead of trying to beat the market, he advocated joining it through low-cost index funds. Though this strategy earned him industry adversaries, Bogle remained steadfast, believing that ordinary investors deserved fair treatment and reasonable fees. His personal philosophy centred on simplicity, integrity and fair dealing. 'The shortest route to top quartile performance is to be in the bottom quartile of expenses,' he famously noted. Even after building Vanguard into a financial powerhouse, Bogle maintained modest personal habits and a steadfast moral compass, believing that character and contribution mattered more than personal wealth. Bogle's actionable investment wisdom: Consider whether active management truly adds value to your portfolio versus low-cost index funds. By minimising fees and avoiding excessive trading, you preserve more of your returns while reducing stress and decision fatigue. Ray Dalio: principles and inner clarity The founder of Bridgewater Associates attributes significant success to an unexpected practice: transcendental meditation. For decades, Dalio has meditated daily, crediting the practice with improving concentration, enhancing creativity and providing mental clarity for navigating market complexities. His book Principles also emphasises radical transparency and facing reality head-on, even when it's uncomfortable. The investing legend's formula—Pain + Reflection = Progress—encourages viewing mistakes as valuable learning opportunities rather than failures. His 'All-Weather Portfolio' concept, designed to perform across various economic environments, reflects this balanced approach to life and investing. Dalio's actionable investment wisdom: Create a personal investment framework that can withstand different economic conditions. Balance your portfolio across asset classes that perform well in varying environments—growth, inflation, deflation and recession—rather than trying to predict which scenario will occur. Geraldine Weiss: breaking Wall Street's glass ceiling When Geraldine Weiss entered the investment world in the 1960s, Wall Street firms rejected her applications despite her qualifications, suggesting she become a secretary instead. Undeterred, she pioneered her own dividend-based investment strategy and co-founded the influential Investment Quality Trends newsletter under the gender-neutral signature 'G. Weiss' to avoid bias. Her groundbreaking dividend yield theory focused on blue-chip companies trading at historically high dividend yields, a strategy that consistently outperformed the market for decades. Weiss pointed out that dividends play a crucial role in total returns, and they're the only part investors can count on with any real consistency. But Weiss's most profound legacy may be her perseverance in transforming systemic barriers. When finally revealing her gender to subscribers years later, her track record had become so impressive that clients remained loyal, proving that performance transcends prejudice. Weiss's actionable investment wisdom: Look beyond price fluctuations to dividend consistency when evaluating long-term investments. Companies with strong historical dividend patterns often represent stable businesses with reliable cash flows and shareholder-focused management. These investing legends share qualities that go beyond financial success: lifelong curiosity, a simple approach and resilience through tough times. While their financial accomplishments are impressive, their most valuable habits like reading, being patient and enjoying life's simple pleasures are things anyone can adopt. As they've proven, true wealth isn't just about money—it's about how you live. NOW READ 10 biggest celebrity paychecks for a single film (that we know about) Warren Buffett is stepping down as Berkshire Hathaway CEO. Here are the highlights of his extraordinary career McLarens, Bugattis and a minivan: The supercars owned by the world's most famous celebrities Credits This article was created with the assistance of AI tools
Associated Press
21-04-2025
- Business
- Associated Press
UK-based global bank partners with Intellect eMACH.ai Platform to accelerate international wholesale banking expansion
Strategic partnership leverages Intellect's platform to fast-track global expansion, delivering hyper-scalable, AI-powered corporate banking 'With we are helping them leapfrog legacy barriers, enter new markets with confidence, and serve clients with insight, speed, and relevance'— Manish Maakan, CEO, Intellect Wholesale Banking LONDON, UNITED KINGDOM, April 21, 2025 / / -- Intellect Design Arena Ltd., a global leader in enterprise-grade financial technology, has secured a landmark, multi-year, multi-million dollar engagement with one of the UK's most prestigious financial institutions. The engagement is rooted in Intellect's unique approach that combines First Principles Thinking and Design Thinking to reimagine banking from the ground up. By leveraging its cutting-edge Wholesale Banking platform, Intellect will empower the bank to accelerate its global expansion strategy, deliver contextual customer experiences, and achieve transformational outcomes with speed and agility. At the heart of this strategic partnership lies the Power of ONE – One Architecture. One Platform. One Experience. brings the strength of a unified, composable architecture that eliminates fragmentation and complexity across systems, enabling the bank to execute with unmatched agility, speed, and intelligence. Built on microservices, API-first, cloud-native, and headless principles, serves as the single digital backbone powering the bank's international wholesale banking ambitions. As part of its international growth strategy, the bank will expand its wholesale banking footprint into key financial centres including India, Hong Kong & Singapore. Intellect's Wholesale Banking Platform will deliver a single, integrated platform that addresses all four key revenue pools—Corporate Deposits, Commercial Lending, Payments, and Digital Engagement—providing the bank with a unified business model to scale across regions without duplication or delay. In an era where contextuality and personalization are paramount, further differentiates with its ability to power 12 industry clusters and 36 industry sectors, delivering Agentic AI-enabled intelligence that adapts to each industry's unique dynamics. From Real Estate and Logistics to Energy and Retail, the bank can now offer deeply contextual and insight-driven services, purpose-built for every client segment. - Comprehensive Corporate Core and Lending: Enabling seamless Gift City branch operations with end-to-end Client & Account Management, configurable Liability and Asset products, Rule-based workflows, Contextual Routing, and real-time ledger - Cross-Border Payments: Facilitating seamless, real-time international transactions that drive global business growth - Intuitive Banking CBX (Contextual Banking Experience): Offering a next-generation, intuitive digital banking interface crafted for the unique needs of corporate clients - India's GIFT City-Specific Regulatory Reporting: Delivering precise, tailored regulatory reporting that ensures full compliance from day one With extensible, AI-native architecture, the bank is equipped for frictionless expansion and adaptive innovation. Whether entering new geographies or launching industry-specific propositions, the Power of ONE enables the bank to stay resilient, relevant, and radically efficient. 'This is a turning point in the transformation of wholesale banking,' said Manish Maakan, CEO, Intellect Wholesale Banking. 'Global expansion in today's world is not just about scale—it's about strategic clarity, contextual precision, and the ability to move with speed and confidence. This partnership is a bold affirmation of those principles. What excites me most is not just the deployment of advanced technology, but the alignment of vision. This bank isn't just expanding—it's reimagining what it means to be a truly intelligent and agile wholesale bank. With we're helping them leapfrog legacy barriers, enter new markets with confidence, and serve clients with insight, speed, and relevance.' He added, 'Our role goes beyond being a technology provider—we are co-architects of their global journey. The platform's design is built to anticipate what's next: whether that's adapting to sector-specific shifts, meeting new regulatory demands, or enabling future-ready digital engagement models. This is a partnership rooted in trust, innovation, and long-term impact. Together, we are not just setting benchmarks – we're building a new blueprint for global wholesale banking.' About Intellect Design Arena Limited Intellect Design Arena Ltd is an enterprise-grade financial technology leader, providing composable and intelligent solutions for futuristic global financial institutions across 57 countries. Intellect's revolutionary First Principles Thinking-based Enterprise Connected Intelligence Platform, is the most comprehensive, composable, and intelligent open finance platform in the world. With an impressive array of 386 microservices, 650 events, and over 2015 APIs, enables financial institutions to design and deploy future-ready technology solutions that provide a significant global competitive edge. With three decades of domain expertise, Intellect offers a full spectrum of banking and insurance technology products through four lines of business: Consumer Banking, Wholesale Banking , IntellectAI and Digital Technology for Commerce. Intellect is a pioneer in applying Design Thinking and our 8012 FinTech Design Center, the world's first Design Center dedicated to Design Thinking Principles, underscores our commitment to continuous and impactful innovation, addressing the ever-growing need for digital transformation. We proudly serve over 325+ customers worldwide, supported by a diverse workforce of solution architects and domain and technology experts in major global financial hubs. For more information about Intellect, visit For Media related info, please contact: Nachu Nagappan Intellect Design Arena Ltd Mob: +91 89396 19676 Email: [email protected] Nachu Nagappan Intellect Design Arena Limited +91 89396 19676 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
South China Morning Post
17-04-2025
- Politics
- South China Morning Post
We must all speak up to defend judicial independence from any interference
I have just returned from the Commonwealth Lawyers Association (CLA) conference in Malta, which was my first overseas trip since assuming the chairmanship of the Hong Kong Bar Association. Advertisement The CLA, which is governed by a council drawn from some of the most senior legal professionals in the Commonwealth, was one of many that spoke out clearly and strongly about sanctions imposed by the US government against the International Criminal Court. It noted that Principle IV of the Commonwealth (Latimer House) Principles states that 'an independent, impartial, honest and competent judiciary is integral to upholding the rule of law, engendering public confidence and dispensing justice'. Other legal organisations, including the International Bar Association (IBA), have also spoken up in similar terms. The IBA's membership is comprised of more than 80,000 lawyers from most of the world's leading law firms and 190 bar associations and law societies spanning more than 170 countries. This principle is important not only to lawyers but also to the public at large. In Hong Kong, the rule of law and judicial independence are values which are cherished by lawyers and non-lawyers alike. Advertisement We are accustomed to the fact that everyone is equal before the law.
