US hedge funds pile into China's JD.com, GDS: Goldman
U.S. hedge funds raised their investments in U.S.-listed Chinese firms in the third quarter, with e-commerce retailer JD.com and data centre operator GDS Holdings
November 21, 2024U.S. hedge funds raised their investments in U.S.-listed Chinese firms in the third quarter, with e-commerce retailer JD.com and data centre operator GDS Holdings
November 21, 2024Volkswagen management and worker representatives begin a third round of wage negotiations on Thursday, with just ten days left to find a solution before unions have threatened to
November 21, 2024A look at the day ahead in European and global markets from Ankur Banerjee The prospect of slowing sales growth at AI juggernaut Nvidia and simmering worries over geopolitical tensions are keeping
November 21, 2024Asian shares have mostly fallen as regional markets tried to digest a strong profit report from Nvidia
November 21, 2024GQG Partners, which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the
November 21, 2024Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire
November 21, 2024Asian equities fell on Thursday after AI darling Nvidia disappointed investors with slower revenue growth expectations, while the dollar firmed and bitcoin hit a
November 21, 2024Bitcoin's march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will
November 21, 2024Bain-backed Kioxia will have a market value of about 750 billion yen ($4.84 billion) based on the indicative price for its initial public offering,
November 21, 2024Dollar bond prices for Adani companies fell sharply in early Asia trade on Thursday after the Indian conglomerate's billionaire chairman was indicted in New York over allegations
November 21, 2024The founder of Archegos Capital Management, a hedge fund, has been sentenced to 18 years in prison for his conviction in a securities and market manipulation fraud that prosecutors say cost global investment banks billions of dollars
November 20, 2024Data analytics provider Snowflake on Wednesday raised its annual product revenue forecast and said it has teamed up with AI firm Anthropic to build up its cloud services, sending its shares
November 20, 2024Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge fund's chief executive Carson Block said at the Sohn conference in London on
November 20, 2024Goldman Sachs CEO David Solomon expects capital markets to be more robust in 2025, he said in an interview with CNBC on Wednesday, joining a wave of positive forecasts as inflation eases
November 20, 2024Ford to cut 4,000 jobs in Europe
November 20, 2024Online brokerage Firstrade plans to launch overnight trading in early 2025, the latest firm looking to offer retail clients the chance to trade US stocks and exchange-
November 20, 2024Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric vehicle demand
November 20, 2024Japan's Seven & i Holdings received a buyout proposal from a member of its founding Ito family last week, a potential $58 billion white-knight bid which
November 20, 2024Kenya has secured a $200 million loan from the African Development Bank and is in talks with the World Bank for a new $750 million loan, the finance ministry's head
November 20, 2024Canada's main stock index inched higher on Wednesday as gains for energy shares offset investor reluctance to make big bets ahead of the release after the close of an
November 20, 2024Delta Air Lines said on Wednesday it expects 2025 revenue to grow by a mid single-digit percentage as it strengthens its bet on premium travel, a major revenue driver for the carrier.
November 20, 2024Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for low-priced essentials at rival retailers
November 20, 2024The tech-heavy Nasdaq closed lower on Wednesday, taking a break from the prior session's rally as investors worried about escalating Russia-Ukraine tensions and weak
November 20, 2024A look at the day ahead in U.S. and global markets from Mike Dolan Tuesday's geopolitical angst faded fast in world markets as positioning ahead of today's results from AI-giant Nvidia saw Big Tech
November 20, 2024