By Summer Zhen HONG KONG (Reuters) – Global long-only funds offloaded China equities at the fastest pace of 2023 in December as they rushed to meet redemption requests and to …
sell-off
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(Reuters) – U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict. According to LSEG …
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Business News
IMF says US bond sell-off may reflect extra quantities on market
by Reutersby ReutersBy Andrea Shalal MARRAKECH, Morocco (Reuters) – The International Monetary Fund is carefully watching global bond market developments after a recent U.S. selloff, the fund’s top economist said, adding that …
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Business News
Italy plans 21-billion euro asset sell-off to keep debt in check
by Reutersby ReutersBy Giuseppe Fonte ROME (Reuters) – Italy aims to raise at least 1% of gross domestic product (GDP), or roughly 21 billion euros ($22.2 billion), through asset sales between 2024 …
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Business News
Tech sell-off, rising yields push Cathie Wood’s ARK ETF down 20% for month
by Reutersby ReutersBy David Randall NEW YORK (Reuters) – A swift sell-off in technology stocks and surge in Treasury yields are punishing Cathie Wood’s flagship ARK Innovation ETF, leaving the closely followed …
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Business News
Buoyed by sale of small state assets, Ukraine eyes bigger sell-off
by Reutersby ReutersBy Olena Harmash KYIV (Reuters) – Ukraine raised record proceeds from selling small state assets in the first quarter of this year despite Russia’s invasion and aims to privatise thousands …
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By Lewis Krauskopf NEW YORK (Reuters) – Investors are gravitating toward big technology stocks as banking crisis worries rock U.S. markets, hoping the shares are better positioned to withstand a …
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US and World News
Aggressive rate hikes best option but unlikely to quell EMFX sell-off – Reuters poll
by Reutersby ReutersBy Vuyani Ndaba and Arsh Tushar Mogre JOHANNESBURG/BENGALURU (Reuters) – Central bank intervention via U.S. dollar sales won’t strengthen emerging market currencies against an ever-dominant greenback, a Reuters poll found, …
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US and World News
Wall Street’s ‘fear gauge’ creeps higher as stock sell-off deepens
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors’ anxiety about stock market turbulence is fast approaching levels associated with heightened fear as the S&P 500 looks set to wrap …
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Financial News
UK bonds see biggest sell-off since March 2020 as Truss becomes PM
by Reutersby ReutersBy David Milliken LONDON (Reuters) -Bond markets greeted the arrival of Liz Truss as Britain’s new prime minister with the sharpest sell-off of long-dated British government debt since the COVID-19 …
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By Sinéad Carew (Reuters) – A rout in consumer stocks gained more steam on Friday, as shares of Ross Stores led a retreat of other discount stores to cap off …
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By Hannah Lang, Savio Shetty and Lisa Pauline Mattackal WASHINGTON/MUMBAI – Nofe Isah, a 25-year old based in Nigeria, has been investing in crypto since January. Last week, she lost …
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By David Randall and Carolina Mandl NEW YORK – Tiger Global Management, Winslow Capital Management, and Scopus Asset Management were among funds that sold all of their shares of streaming …
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By Sinéad Carew and Medha Singh (Reuters) – Trading in shares of AMC Entertainment and GameStop was volatile on Thursday as the so-called meme stocks pared gains after rallying sharply …
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Financial News
SoftBank seen posting bruising Vision Fund loss on tech sell-off
by Reutersby ReutersBy Sam Nussey TOKYO – Japan’s SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said, after investors sold off …
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US and World News
Options market dip-buyers go missing as stock sell-off worsens
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK – Traders in the options market showed little appetite to bet on an end to the continuing stock market sell-off on Monday, as Wall …
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Business News
Explainer-Russia’s financial health amid geopolitics-driven market sell-off
by Reutersby ReutersBy Katya Golubkova MOSCOW – Russian assets are under pressure as investors worry about the possible extension of U.S. sanctions or new EU measures targeting officials, banks and the energy …