One of China’s Top Hedge Funds Unwinds Bet on Property Rebound
A top-performing Chinese macro hedge fund has slashed its holdings in property stocks, as their declines hurt returns
2023-06-13 09:47
Australia’s Consumer Sentiment ‘Near Recession Lows’ After Hike
Australia’s consumer confidence stabilized at “near recession lows” as a significant rise in the minimum wage offset the
2023-06-13 08:48
India Inflation Cools Faster Than Expected to 4.25% in May
India’s retail inflation cooled faster-than-expected in May, providing relief to policymakers even as risks from an uneven monsoon
2023-06-12 20:20
Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
The S&P 500 entering a bull market has left Wall Street’s top strategists split on the way forward.
2023-06-12 16:48
Sam Bankman-Fried’s Risky Japan Trade Seeded a Crypto Empire
Fresh out of college, Sam Bankman-Fried had a trading job at Jane Street Group in New York. As
2023-06-12 16:29
UBS Completes Credit Suisse Takeover to Create Bank Titan
UBS Group AG completed the acquisition of former rival Credit Suisse Group AG, sealing the biggest merger in
2023-06-12 14:28
Novartis Agrees to Buy Chinook for Up to $3.5 Billion
Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising
2023-06-12 13:49
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:59
UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
2023-06-12 10:47
Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:28
Stocks Traders Eyeing Fed Hedge for Rally With Call Options
Investors are loading up on call options as they brace for a pivotal Federal Reserve decision that’s set
2023-06-12 09:48
Oil Extends Losses on Demand Woes as Goldman Cuts Outlook Again
Oil extended losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price
2023-06-12 08:57