Asian Shares Poised to Advance; Yields Climbing: Markets Wrap
Asian equities are set to rise on Tuesday following a rally in big tech that spurred a rebound
2023-08-22 06:57
Zoom Boosts Outlook With Move Beyond Video Calls
Zoom Video Communications Inc. raised its profit and sales forecast for the fiscal year, a positive sign for
2023-08-22 04:47
Treasury Yields Hit Highest Since 2007 on Elevated Rate Fears
The US bond-market selloff resumed Monday, driving 10-year yields to a 16-year high, as the persistently resilient economy
2023-08-22 04:47
Star China Hedge Fund Blames Global Money for Stock Selloff
A top-performing Chinese macro hedge fund blamed global capital for sinking the country’s stocks to the lowest levels
2023-08-22 02:49
BRICS Expansion Gets Interesting If Saudis Join, Jim O’Neill Says
Adding countries to the BRICS bloc will matter economically if Saudi Arabia is one of them but otherwise
2023-08-21 18:16
Hedge Fund Sculptor Rejects Unsolicited Offer From Weinstein
Sculptor Capital Management Inc. spurned an unsolicited bid from a group of hedge fund giants including Boaz Weinstein,
2023-08-21 17:58
Credit Suisse Shuts Japan Equity Trading for Hedge Funds
Credit Suisse is shutting its cash equity sales business in Japan, and has told hedge funds and other
2023-08-21 17:25
Rupee Outperforms EM Asia Peers Even as It Nears Record Low
The Indian rupee is within a whisker of a record low, but it’s still a favored emerging-market currency
2023-08-21 13:55
China Deepens Espionage Crackdown Targeting Spies for the CIA
China is intensifying a crackdown on alleged spies for the US, saying it found another case of an
2023-08-21 13:28
Debt Crisis Risks Are Rising in Korea on Credit Union Woes
Less than a year after a debt crisis shook South Korea, concern is growing that souring lending at
2023-08-21 12:59
Citi Weighs Institutional Clients Group Split as Ybarra Exits, FT Reports
Citigroup Inc. Chief Executive Officer Jane Fraser is weighing a plan to break up the company’s biggest unit
2023-08-21 12:55
Chinese Stock Rout Sparks Buying Pledges by Mutual Funds
Some of China’s largest mutual fund houses have promised to buy their own equity-focused products, heeding calls from
2023-08-21 11:53