Stocks jittery as record U.S. virus count weighs on risk appetite
NEW YORK (Reuters) – Global equity benchmarks struggled for direction and bond yields flat-lined on Friday as investors weighed a record number of new coronavirus […]
Take Five: A bull with underlying health conditions
1/EUROPE: FINAL COUNTDOWN Southern European bonds and the euro have rallied hard in the two months since France and Germany mooted a 750 billion-euro ($848 […]
GLOBAL MARKETS-Asian shares down on virus risk, U.S.-China tension
* Asian stock markets: tmsnrt.rs/2zpUAr4 * Equities and risk assets take a hit * China stocks fall after red-hot rally * Growth in U.S. coronavirus […]
Ethereum Activity Metric Hits Highest Level in 2 Years
Levels of activity on Ethereum have peaked to their highest in two years, going by one metric. The seven-day moving average of the number of […]
International investors reportedly bought bonds backed by the Italian mafia
The report said an estimated €1 billion in private bonds backed by front companies charged with working for the Calabrian 'Ndrangheta mafia group were bought […]
Novavax skyrockets 41% after US government grants $1.6 billion for coronavirus vaccine creation
Andrew Caballero-Reynolds/AFP Novavax shares spiked as much as 40% on Tuesday after receiving $1.6 billion in coronavirus vaccine funding from the US government. The award […]
Warren Buffett just made his first major deal since 2016. Here are Berkshire Hathaway’s 10 biggest acquisitions so far.
Warren Buffett’s BerkshireHathaway just closed its first major takeover since 2016 byacquiring Dominion Energy’s natural gas transmission andstorage business. Berkshire had $137 billion to deploy […]
Warren Buffett’s Berkshire Hathaway strikes $10 billion deal with Dominion Energy for natural gas assets
Warren Buffett’s Berkshire Hathaway struck a $10 billion deal to buy Dominion Energy’s natural gas transmission and storage business. Berkshire’s energy unit will pay about […]
Fraud at China's Luckin is a 'great morality tale' for investors, says analyst
Chinese coffee chain Luckin Coffee was listed in the U.S. just last year. But it disclosed this April that its chief operating officer fabricated the […]
Asia shares climb as China blue chips hit five-year peak
SYDNEY (Reuters) – Asian shares scaled four-month peaks on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery, […]
A handful of multi-strategy hedge funds posted huge gains in the first half this year, bucking the industry’s trend of underperformance
NurPhoto/Getty Multi-strategy hedge funds have made massive gains in the first six months of the year aided by the Federal Reserve’s efforts to prop up […]
Asian shares hit four-month high as U.S., China recoveries gather pace
TOKYO/NEW YORK (Reuters) – Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service […]
Stocks skip higher ahead of U.S. jobs data
LONDON (Reuters) – World stocks rose for a fourth straight day on Thursday as encouraging coronavirus vaccine trials kept investors’ spirits up ahead of what […]
Asian stocks set to track U.S. gains but Hong Kong jitters weigh
NEW YORK (Reuters) – Asian stocks were set to track Wall Street gains on Thursday as investors cheered signs the global economy was emerging from […]
Manufacturing, vaccine data power stocks higher; U.S. dollar dips
NEW YORK (Reuters) – Stocks across the globe rose on Wednesday following data pointing to a recovery in manufacturing and on bets for a COVID-19 […]
Wall Street faces danger signs after best quarter since '98
(Reuters) – A stock rebound marked by Wall Street’s strongest quarter in more than two decades has slowed in recent weeks, as a resurgence in […]
Pandemic leads to six months of global market mayhem
LONDON (Reuters) – Probably the best thing to say about world financial markets so far this year is simply that it has been quite a […]
Global stock markets sink as U.S. virus concerns offset Europe rebound hopes
NEW YORK (Reuters) – Global equities sank and perceived safe-haven assets like U.S. Treasuries and gold gained on Friday as investors weighed hopes that Europe […]
Brexit boost praised as UK soars above China in major economic ranking
The International Institute for Management Development (IMD) said Brexit may have given the UK a competitive edge, creating the “sentiment of a business-friendly environment in […]
Asia set to track Wall Street retreat as second wave derails recovery hopes
NEW YORK (Reuters) – Asian markets were set to follow a tumble in Wall Street stocks and oil prices on Thursday after surging U.S. coronavirus […]
Equities sink, gold rises on fears of pandemic wave
NEW YORK (Reuters) – Rising concerns about a surge in coronavirus infections sent global equities lower on Wednesday and pushed investors into perceived safe havens […]
UPDATE 1-MSCI warns Argentina index could be booted from EM index
(Adds detail from press release, background on Argentina) By Noel Randewich June 23 (Reuters) – MSCI Inc, the world’s largest index provider, warned on Tuesday […]
Stocks rally on upbeat data, trade reassurances; dollar weakens
NEW YORK (Reuters) – The dollar eased and global equity markets surged on Tuesday after reassurances on the U.S.-Sino trade deal and upbeat economic data […]
Equities flat, bonds edge higher as infection rates rise
NEW YORK (Reuters) – Global equity benchmarks were little changed and U.S. government bonds edged higher Monday as investors weighed rising coronavirus infections in parts […]