By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) – U.S. hedge funds that focus broadly on technology investments are bracing for heavy losses this year as gloomier economic data…
TOKYO (Reuters) – Japan’s real wages extended their slide to a fourth straight month in July, government data showed on Tuesday, as the biggest jump in consumer prices in more…
By John Davison, Parisa Hafezi and Laila Bassam BAGHDAD (Reuters) – When a pronouncement by a religious scholar in Iran drove Iraq to the brink of civil war last week,…
By Nichola Saminather TORONTO – Manulife Financial Corp saw the number of agents in its China and Vietnam businesses drop in the second quarter to the lowest since the fourth…
By Sam Nussey TOKYO – Sliding valuations in the listed portfolio of SoftBank Group Corp’s Vision Fund unit point to more pain for CEO Masayoshi Son when the group reports…
By Wayne Cole SYDNEY – Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline in almost 40 years amid…
By Nevzat Devranoglu ANKARA – The Turkish lira slipped again on Monday, sustaining a slow slide towards 18 against the dollar as concerns mounted about the government’s foreign exchange policy…
LONDON -Shares in emerging markets investment firm Ashmore fell to a 13-year low on Thursday after it reported a much heavier-than-expected $6.6 billion exodus from its funds after a torrid…
AMERICAN PRIDE ON THE SLIDE: Record-Low 38% ‘Extremely Proud’ to Be American Max Keating on June 30, 2022 A record-low 38% of U.S. adults say they are “extremely proud” to…
By Harish Sridharan (Reuters) – Shares of Australia’s “Big Four” banks fell further on Thursday to hit multi-month lows, as the central bank’s largest interest rate hike in 22 years…
MUMBAI – Shares in state-owned Life Insurance Corp of India (LIC) were on track to debut at an 8% discount to their IPO price on Tuesday. LIC shares were trading…
By Nevzat Devranoglu ANKARA – A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new level, as weak as 15.5 to the dollar,…
By Juliette Portala (Reuters) – Alstom’s shares slipped sharply on Wednesday, erasing earlier strong gains as the French train maker’s comments on cash flow generation and guidance divided the market.…
(Reuters) – Novavax Inc’s shares plunged nearly 20% in premarket trading on Tuesday due to uncertainty over global demand for the company’s COVID-19 vaccine following a slow start to deliveries.…
By David Randall NEW YORK – The 40-year bull market in U.S. bonds is dead. Long live the bond bull market. The U.S. Treasuries market began 2022 with one of…
By John McCrank NEW YORK – U.S. investors have apparently been losing their appetite to “buy the dip” during Wall Street’s recent slide, further eroding support for a market pummeled…
By Scott Murdoch and Anshuman Daga SYDNEY/SINGAPORE – Asia deal volume tumbled in the first quarter and dealmakers do not expect a near-term rebound as the Russia-Ukraine war, higher interest…
By Eric Onstad LONDON -The London Metal Exchange (LME) again widened its trading band for nickel on Friday, but for a third session in a row it hit limit down,…
SAN FRANCISCO – Luxury electric car maker Lucid Group on Monday revised down its production forecast for this year due to “extraordinary supply chain and logistics challenges,” knocking its shares…
PARIS – European forward power prices fell further on Friday, with sanctions against Russia for its invasion of Ukraine yet to have an immediate impact on energy supplies. [NG/EU][O/R] The…
By Saqib Iqbal Ahmed NEW YORK – A plunge in the shares of Facebook owner Meta Platforms Inc fueled a surge of options trading on Thursday, with some investors positioning…