Macro hedge funds to dump $45 billion in equities, says Morgan Stanley
Computer-driven macro hedge fund strategies on Wednesday sold $20 billion in equities and are set to shed at least more $25 billion over the next week after the
July 25, 2024Computer-driven macro hedge fund strategies on Wednesday sold $20 billion in equities and are set to shed at least more $25 billion over the next week after the
July 25, 2024The Bank of Canada is shifting its focus to boosting the economy rather than suppressing inflation, which raises prospects of further interest
July 25, 2024The average rate on the popular U.S. 30-year fixed-rate mortgage edged up to 6.78% for the week ending July 25, leaving it about half a percentage point below
July 25, 2024The world's 20 biggest economies (G20) agreed on Thursday to work together to ensure the ultra rich are effectively taxed, in a declaration that seeks a
July 25, 2024Indian drugmaker Mankind Pharma said late on Thursday it would acquire Bharat Serums and Vaccines Ltd in a deal valued at around 136.30 billion rupees ($1.63 billion), including debt.
July 25, 2024Cold storage real estate investment trust Lineage's shares gained 5% in their Nasdaq debut on Thursday, signaling investor enthusiasm for the year's biggest
July 25, 2024Insurance broker WTW posted a 20% rise in its second-quarter profit on Thursday, helped by a strong performance in its risk and brokerage business.
July 25, 2024Republican nominee and former U.S. President Donald Trump once blasted cryptocurrency, calling it a "scam."
July 25, 2024Investors are ditching some of this year's favourite trades as a retreat in the glitzy megacaps risks snowballing into a multi-pronged selloff that
July 25, 2024A Paramount Global investor has sued to block its merger with Skydance Media, saying the deal would cost its shareholders $1.65 billion, according to a lawsuit filed in Delaware's Chancery
July 25, 2024Sibanye Stillwater will release half-year financial results on Sept. 12, two weeks later than scheduled, after a cyberattack on its IT system caused limited disruption to its global
July 25, 2024Making leveraged bets on Nvidia is likely to get much riskier if Wall Street's tech-led selloff continues.
July 25, 2024The proposed $25 billion merger of Kroger and Albertsons has been halted until the Colorado District Court rules on a lawsuit filed to block the deal that is expected to push up grocery
July 25, 2024The Russian central bank's independence is set to be tested as it prepares to hike interest rates on Friday amid growing pressure from opponents - including
July 25, 2024Shares of Ford Motor Co. are tumbling Thursday after the automaker’s second-quarter adjusted profit badly missed Wall Street’s expectations as it spent more money fixing customers’ cars and trucks
July 25, 2024India will not sign a global corporate tax deal focused on highly profitable multinational firms unless its concerns on dispute resolution and the
July 25, 2024Zimbabwe's 2024 budget deficit is forecast to be 1.3% of gross domestic product, Finance Minister Mthuli Ncube said on Thursday, but warned that concerns remained
July 25, 2024Nasdaq's second-quarter profit topped Wall Street estimates on Thursday, driven by strong demand for its products that help traders navigate
July 25, 2024Russian lawmakers gave preliminary approval to proposed legislation on Thursday that would allow foreign banks to open branches in Russia, a step the finance ministry said it hoped
July 25, 2024Federal Reserve policymakers are seen leaving their short-term interest-rate target in the 5.25%-5.50% range next week and waiting until September to start a string of quarter-point
July 25, 2024After getting trounced by their larger rivals for years, some of the smallest stocks on Wall Street have shown much more life recently
July 25, 2024Bank of America’s corporate clients approved a record $500 billion in payments through its CashPro app by mid-year, up almost 40% versus the same period in 2023,
July 25, 2024Power company PG&E Corp beat second-quarter profit estimates on Thursday, helped by higher service rates.
July 25, 2024Pakistan's Finance Minister Muhammad Aurangzeb arrived in Beijing on Thursday for talks on power sector debt relief alongside structural reforms suggested by the
July 25, 2024A Coinbase business in Britain has been fined for breaching a regulatory agreement to improve its defences against financial crime, in the first sanction of its kind in
July 25, 2024