Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Traders betting on diverging stock performances by Chinese e-commerce giants Alibaba Group Holding Ltd. and PDD Holdings Inc.
2023-12-01 14:54
South Africa Will Provide $2.5 Billion Guarantee to Transnet
South Africa’s National Treasury agreed to provide a 47 billion-rand ($2.5 billion) guarantee facility to Transnet SOC Ltd.,
2023-12-01 14:49
Barclays, Citi Raise India Growth Closer to 7% After GDP Beat
Economists raised their full-year projections for India’s economy sharply after data on Thursday showed growth outperformed last quarter,
2023-12-01 14:28
Europe’s Winter Freeze Set to Give Way to Milder December
Europe’s icy start to December is forecast to give way to milder conditions as the month progresses, providing
2023-12-01 14:24
Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen
Japanese life insurers have cut currency hedging by the most in more than a decade, signaling receding concern
2023-12-01 14:22
Markets pin hopes on soft landing, with one eye on recession risk
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick A stellar rally in equities and bonds suggests market confidence
2023-12-01 14:16
Wealth and Pension Funds Prefer India Over China, Study Shows
Global pension and sovereign wealth managers are flocking to India while growing hesitant on China, according to a
2023-12-01 13:53
Fears of a New World War Prey on Hedge Fund Titans and Policymakers Alike
Officials and investors are starting to worry that the world is sliding toward a new era of great-power
2023-12-01 13:17
BOJ’s Paper Loss on Bond Holdings Balloons to Record
The Bank of Japan racked up the most unrealized losses on its bond holdings on record in the
2023-12-01 11:50
Xi Takes Flurry of Small Steps to Open China After Biden Thaw
President Xi Jinping’s government has vowed all year to restore foreign investors’ shattered confidence in China. Since a
2023-12-01 11:25
RBNZ Can’t Afford to Ignore Immigration Surge, Hawkesby Says
New Zealand’s central bank can’t afford to ignore a surge in immigration, even though it’s expected to subside
2023-12-01 11:20
Australian Home-Price Growth Slows as Sydney, Melbourne Cool
Australia’s home-price growth slowed in November as a resumption of interest-rate increases and deteriorating affordability pushed buyers to
2023-12-01 10:57