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Ascendant Group Ltd was the lone stock to trade on the Bermuda Stock Exchange. The Belco owner’s share price remained on $17 as 2,103 shares changed hands. Butterfield Bank’s US-listed shares fell 27 cents, or 0.82 per cent, to close on $32.66 on the...

Dear Dave, My husband and I are completely debt-free, and we’re saving up for our first house. We currently have about $90,000 in savings, and we’d like to buy a home with cash in the next few years. Where should we put our money, so it will work for...

During the past 40 years, low-cost indexing has risen from an abstract financial theory with very few takers to a juggernaut sucking up most of the new money flowing into equity investments. BlackRock, Vanguard Group and State Street, the top three i...

Hong Kong is aiming to create an insurance-linked securities market — a sector in which Bermuda is the global leader. The alternative risk transfer website Artemis.bm reported that Paul Chan, Hong Kong’s financial secretary, had spelled out the terri...

Travel experiences app Winnow is expanding into a new overseas market. Co-owner Alison Swan said the 16-month-old company launched experiences in Aspen, Colorado and it was aiming to add more destinations next year. Winnow started out with Bermuda ex...

Sixteen jobs are being created in Bermuda by a digital asset business that is linked to diamonds. BitCarbon is coming to Bermuda and expects to launch during the first three months of the new year. It is advertising 16 vacancies in Hamilton, and a nu...

Shares of West Hamilton Holdings Ltd took a tumble on the Bermuda Stock Exchange. The property developer and manager fell 31 cents, or 7.6 per cent, to close on $3.75 as 2,500 shares changed hands. The only other stock to trade was Ascendant Group Lt...

Make excellence in customer service your top priority and you will not go far wrong in business. That is the advice for young entrepreneurs from Alicia Tucker, who opened her Southampton business The Tuck Shop a year ago. During her 12 months in oper...

Enstar Group Ltd is partnering with German insurance giant Allianz and investment manager Hillhouse to launch a new Bermuda re/insurer. Enstar, a Bermudian-based company which specialises in acquiring and managing companies and portfolios in run-off,...

ACT OneCloud has taken on its fortieth customer in Bermuda, only three years after setting up. The company states it is the island’s largest provider of on-island cloud services. It also has a presence in Cayman Islands, Canada, the US and UK. On wel...