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.
1970-01-01 08:00
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.,
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Israel Says Hamas Violated Terms of Cease-Fire as Truce Lapses
Israel resumed combat against Hamas in the Gaza Strip after a week-long truce between the two sides ended
1970-01-01 08:00
COP28 Latest: Saudi’s MBS Among Leaders Kicking Off UN Talks
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1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Meta Says There’s Been No Downside to Sharing AI Technology
Meta Platforms Inc. executives, speaking at an event Thursday, said there’s been no major drawbacks to openly sharing
1970-01-01 08:00
Korea Defends Short-Sale Ban Saying Illegal Trading Is ‘Rampant’
A South Korean regulator defended its decision to temporarily ban stock short-selling as necessary to stop unlawful trading,
1970-01-01 08:00
Barclays, Citi Raise India’s 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,
1970-01-01 08:00