Tax credit for tech investors could triple under proposed New Jersey bill
TRENTON, N.J. — A new bill introduced in the New Jersey Senate would triple the state’s tax credit for investments in emerging technology startups, aiming to stimulate early-stage funding in smaller high-tech…
Block investors may seek clarity on Cash App after Hindenburg report
By Manya Saini (Reuters) – Jack Dorsey-led Block Inc’s first-quarter results will likely see investors zoom in on the payments firm’s Cash App business following U.S. short-seller Hindenburg Research’s allegations including inflated…
As lithium miners gear up for first-quarter earnings, investors focus on tumbling prices
By Arshreet Singh (Reuters) – U.S. lithium miners Albemarle and Livent are expected to report a rise in quarterly profit this week, but investor focus will likely be on how they plan…
Bond investors fearing recession, boost safety bets ahead of FOMC
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors, fearing a recession is around the corner and preparing for an end of the Federal Reserve’s tightening cycle, have embraced the safety of…
GM, Ford strive to convince investors: no price war with Tesla
By Joseph White DETROIT (Reuters) – Detroit automakers General Motors Co and Ford Motor Co will try to convince Wall Street when they release first-quarter earnings this week that they will not…
In Portugal, Brazil’s Lula tries to lure back foreign investors
By Catarina Demony and Gabriel Araujo LISBON (Reuters) – Trying to lure back wary foreign investors, Brazil’s President Luiz Inacio Lula da Silva vowed on Monday to restore stability and credibility, inviting…
Recession-wary investors pour $9.1 billion into hedge funds in first quarter
By Svea Herbst-Bayliss BOSTON (Reuters) – Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on Friday, after last year’s hefty outflows as…
Investors turn net sellers of global equity funds on recession fears
(Reuters) – Rising concerns of a recession following weaker economic data and expectations the Fed will keep hiking rates to tame inflation led to outflows from global equity funds in the week…
Investors warn big consumer firms over price hikes as competitors gain
By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) – Consumer goods companies like P&G, Unilever and Nestle should start easing price increases as supply chain costs decline, investors told Reuters, worried…
China funds flock to Hong Kong to sate mainland investors
By Summer Zhen HONG KONG (Reuters) – Large China-based fund managers are setting up shop in Hong Kong for the first time, seeking to fill Chinese investors’ appetite for U.S. dollar-based products…
Exclusive-In Rakuten Bank’s downsized IPO, investors pushed for details on troubled parent, sources say
By Miho Uranaka TOKYO (Reuters) – Japan’s Rakuten Bank Ltd amended the filing of its $625 million initial public offering (IPO) after investors pushed for details on the risks from its exposure…
Foreign investors set sights on Turkey after elections
By Orhan Coskun and Birsen Altayli ANKARA (Reuters) – International investors are looking to increase investments in Turkey, notably in mergers and acquisitions, as they anticipate a shift to a more orthodox…
Big investors dump China shares, add oil to portfolios -Goldman
By Carolina Mandl NEW YORK (Reuters) – Big global money managers got rid of a high volume of Chinese equities in recent days, while adding U.S. energy shares to portfolios at a…
Robinhood settles $10.2 million lawsuit for locking out investors during stock drops
TRENTON, NJ – The New Jersey Attorney General’s Office has announced a settlement with Robinhood, an investment app that was cited for shutting down trading, causing New Jerseyans and others financial losses.…
Investors put $538 billion into cash funds over eight weeks – BofA
By Harry Robertson LONDON (Reuters) – Investors have moved $538 billion into cash funds over the past eight weeks as they pulled money out of bank deposits after the collapse of Silicon…
Brazil treasury says foreign investors pouring back into public debt
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Foreign investors are returning in numbers to Brazil’s public debt market, Treasury Secretary Rogerio Ceron told Reuters, just after local financial assets rallied…
Uniqlo owner expected to post 30% profit rise, as investors eye China results
By Rocky Swift TOKYO (Reuters) – Second-quarter results from Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, will on Thursday offer a window into how rapidly demand in China is recovering…
American Investors Are Bankrolling China In The AI Arms Race: REPORT
American Investors Are Bankrolling China In The AI Arms Race: REPORT Jason Cohen on April 5, 2023 U.S. institutional investors, including endowments, are indirectly financing Chinese artificial intelligence (AI) startups that are…
Several Pitney Bowes investors to vote for Hestia slate in proxy battle
By Svea Herbst-Bayliss NEW YORK (Reuters) -Four large investors in Pitney Bowes told Reuters they will vote for Hestia Capital’s director candidates as the activist fund campaigns to oust the shipping and…
Investors rack up U.S. money market funds for a third straight week
(Reuters) – Money continued to flow into safer U.S. money market funds for a third consecutive week as investors remained unsettled about the banking sector crisis, with slowdown worries also affecting the…
Investors ride out China uncertainty in convertible bonds
By Georgina Lee HONG KONG (Reuters) – Investors keen for exposure to China’s economic reopening but unwilling to wager unreservedly are turning to convertible bonds issued by Asian companies, so that they…
Marketmind: Bank fears ease but yields curb investors’ enthusiasm
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An interest rate decision in Thailand and Australian inflation top a light Asian calendar on…
Marketmind: Calm returns: Investors switch to bank fundamentals
A look at the day ahead in European and global markets from Anshuman Daga Turbulence in global markets is gradually giving way to stability. A day after regional U.S. lender First Citizens…
Virgin Orbit says space startup in talks with potential investors
(Reuters) – Billionaire Richard Branson’s cash-strapped satellite launch company Virgin Orbit Holdings said on Thursday it is in talks with “interested parties” about an investment in the company. Reuters reported on Wednesday…
Emerging market investors turn increasingly bullish for Q2 -HSBC survey
LONDON (Reuters) – Nearly half of emerging market investors are bullish on prospects for developing markets in the second quarter, a survey by HSBC showed on Thursday, thanks to rising optimism following…
Investors cut bearish bets on most Asian FX as policy rate bets shift: Reuters poll
By Savyata Mishra (Reuters) – Investors turned less bearish on the Chinese yuan and the Singaporean dollar as they cut short bets across most Asian currencies, a Reuters poll found, as fears…
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