Jefferies hires Credit Suisse banker Gegenheimer for tech dealmaking -sources
By Milana Vinn (Reuters) – Jefferies has hired Credit Suisse investment banker Jon Gegenheimer in its latest efforts to boost…
August 16, 2023
Hedge funds dumped Chinese stocks in August, says Goldman
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds “aggressively” sold Chinese stocks amid heightened concerns over the country’s…
Zhongrong Trust’s missed payments trigger fears among Chinese investors
SHANGHAI (Reuters) -Anxious Chinese retail investors are bombarding listed companies with questions about their exposure to Zhongrong International Trust Co…
Volatile rouble firms past 95 vs dollar amid capital controls speculation
By Alexander Marrow (Reuters) – The Russian rouble strengthened past 95 to the dollar on Wednesday, one day after the…
US welcomes WTO panel report on China steel, aluminum tariffs
WASHINGTON (Reuters) – The office of the U.S. Trade Representative on Wednesday said it was pleased with a World Trade…
Exclusive-Bridgewater’s flagship fund was bearish on US stocks as rally fizzled
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Bridgewater Associates’ flagship fund had a bearish view on U.S….
China’s deflation a near-term positive for Western central banks – PIMCO
By Davide Barbuscia NEW YORK (Reuters) -Deflationary pressures in China could spill over into global markets, which is potentially near-term…
Column-Markets clamor for ‘R-star’ signal from Jackson Hole: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Investors are hoping policymakers gathering at the Kansas City Fed’s annual Jackson Hole…
China’s JD.com beats revenue estimates despite slowing economy
(Reuters) -JD.com beat analyst forecasts for second-quarter revenue on Wednesday, as the Chinese e-commerce giant’s focus on lower-priced products paid…
Motor vehicles lift US manufacturing output in July
WASHINGTON (Reuters) – Production at U.S. factories unexpectedly rebounded in July as motor vehicle output surged, but activity continues to…