U.S. tech-focused hedge funds brace for heavy losses amid market slide
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 …
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Japan July real wages continue to slide as rising consumer prices weigh
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 …
How a 92-year-old cleric silently halted Iraq’s slide back into war
By John Davison, Parisa Hafezi and Laila Bassam BAGHDAD (Reuters) – When a pronouncement by a religious scholar in Iran drove Iraq to the brink …
Manulife agent numbers in China, Vietnam slide on pandemic challenges, regulation
By Nichola Saminather TORONTO – Manulife Financial Corp saw the number of agents in its China and Vietnam businesses drop in the second quarter to …
Vision Fund slide points to more pain for SoftBank’s Son
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 …
Australia home prices slide, Sydney suffers worse month in 40 years
By Wayne Cole SYDNEY – Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline …
Turkish lira on slow slide in search of FX relief
By Nevzat Devranoglu ANKARA – The Turkish lira slipped again on Monday, sustaining a slow slide towards 18 against the dollar as concerns mounted about …
Emerging market fund Ashmore shares hit 13-yr low as investors pull out cash
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 …
AMERICAN PRIDE ON THE SLIDE: Record-Low 38% ‘Extremely Proud’ to Be American
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 …
Australian banks slide further as RBA view raises housing market concerns
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 …
India’s LIC shares set to slide in market debut after record IPO
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 …
Traders see a method to Turkish lira’s recent slide
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 …
Train maker Alstom’s shares slide as cash flow divides
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 …
Novavax shares slide 20% on COVID vaccine demand uncertainty
(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 …
Analysis-U.S. bond investors worry deep slide will end 40-year bull market
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 …
Wall Street’s big slide makes retail investors wary to ‘buy the dip’
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 …
Asia deals slide in Q1, hit by deteriorating business outlook
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 …
LME nickel extends its slide as bugs still hit trading
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 …
Lucid cuts 2022 production goal, shares slide
SAN FRANCISCO – Luxury electric car maker Lucid Group on Monday revised down its production forecast for this year due to “extraordinary supply chain and …
Forward prices slide with sanctions yet to hit Russian energy
PARIS – European forward power prices fell further on Friday, with sanctions against Russia for its invasion of Ukraine yet to have an immediate impact …
Meta slide drives ‘insane’ options volume as some bet on bounce
By Saqib Iqbal Ahmed NEW YORK – A plunge in the shares of Facebook owner Meta Platforms Inc fueled a surge of options trading on …