Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:23
Esmark Offers to Buy US Steel for Cash, Trumping Cliffs
Esmark Inc. has offered to buy United States Steel Corp. for $35 a share, trumping an earlier bid
2023-08-15 03:17
India Inflation Breaches RBI Target in July as Food Costs Jump
Retail inflation in July breached the Reserve Bank of India’s tolerance level for the first time in five
2023-08-14 20:23
Meloni Takes Ownership of Banks Levy That Showed Populist Bent
Giorgia Meloni assumed full responsibility for last week’s surprise decision to impose a 40% tax on Italian banks’
2023-08-14 18:58
Argentina’s Dollar Bonds Plunge on Populist’s Election Upset
Argentine dollar bonds fell sharply on Monday after a populist who vowed to burn down the central bank
2023-08-14 18:52
IPhone Maker Hon Hai Cuts Outlook as Electronics Demand Weakens
Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a
2023-08-14 16:46
HK Democracy Activists Win Narrow Legal Victory in Protest Case
A Hong Kong court overturned one of two convictions for seven top democracy activists including media mogul Jimmy
2023-08-14 14:28
Ruble Crashes Through 100 Per Dollar Despite Central Bank’s Move
The ruble broke through the psychologically important level of 100 to the dollar for the first time since
2023-08-14 14:18
SNB Expected to Hike Again Even as Inflation Is Seen Slowing
Economists expect the Swiss National Bank to raise interest rates for a final time in September, even as
2023-08-14 12:29
ECB Still Seen Delivering One Last Hike in September, Poll Shows
Unmoved by recent signs that inflation pressure is abating, economists continue to predict that the European Central Bank
2023-08-14 12:21
Embattled Peso Seeks Relief as Philippines to Weigh Rate Hike
A rebound in the dollar has hit the peso harder than most of its peers and the losses
2023-08-14 11:52
Argentina's 100% Inflation Opens the Way to a Presidential Upset
An outsider candidate for Argentina’s presidency is gaining traction by tapping into voter anger at rampant inflation. With
2023-08-14 11:26