China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling
China extended two lines of yuan defense, pushing up funding costs in the offshore market to squeeze shorts
2023-08-22 11:23
Susquehanna’s Yass Joined Weinstein, Ackman in Bid for Sculptor
Susquehanna International Group co-founder Jeff Yass is part of a consortium of investors that bid for Sculptor Capital
2023-08-22 07:18
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
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
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
Warehouse Costs Rise 10% With London Most Expensive Globally
London is the most expensive city in the world for warehouse space as rent increases continue to outpace
2023-08-21 13:18
SBB CFO Quits in New Blow to Troubled Swedish Property Owner
SBB, the landlord at the center of Sweden’s property crisis, suffered yet another setback after its chief financial
2023-08-21 13:15
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
Ambani’s $20 Billion Financial Unit Set to Debut in Mumbai
Shares of Jio Financial Services Ltd., a unit of Reliance Industries Ltd., are set to debut in Mumbai
2023-08-21 08:55
DuPont Is in Talks to Sell Delrin Unit to Private Equity Firm for $1.8 Billion
DuPont de Nemours Inc. is in advanced talks to sell its Delrin resins unit to the private equity
2023-08-21 06:57
Bond Bulls at JPMorgan, Allianz Double Down on Bet Gone Bad
Convinced a recession in the US was near, some of the world’s most prominent money managers loaded up
2023-08-21 00:15