Franklin Templeton remains committed to global equities

Longer-duration US Treasuries and high-quality corporate credits ought to deliver attractive returns through year-end, says Franklin Templeton Institute’s Stephen Dover. Meanwhile, credit spreads remain tight. As a result, risk-reward does not favour lower quality credits, such as high yield. “Recent wobbles...

SoftBank swings to Q4 profit

It reported a net profit of 328.9 billion yen ($2.11 billion) for the January-March period. Japanese technology giant SoftBank Group swung to a quarterly profit from a year earlier, reporting a net profit of 328.9 billion yen ($2.11 billion) for...