Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Hedge funds betting against stocks globally abandoned those trades last week…
Business
New look CBDCs and cryptomarket to emerge from turmoil, top BIS official says
By Marc Jones LONDON (Reuters) – Cryptomarkets have not been killed off by last year’s turmoil, while the new wave…
Exclusive-Starboard to challenge engineering materials maker Rogers’ board -sources
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investment firm Starboard Value LP has amassed a sizable stake in Rogers…
Analysis: Fed feeds Wall Street’s soft landing hopes, though recession fears still loom
By Davide Barbuscia and Lewis Krauskopf (Reuters) – A more dovish-than-expected message from Federal Reserve Chairman Jerome Powell stands to…
Currency fluctuations’ impact on N. American cos rose sharply in Q3 -report
NEW YORK (Reuters) – The negative impact of currency fluctuations on North American companies’ results rose sharply again in the…
Chinese investors pivot to stocks from bonds on recovery hopes – funds report
SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for…
Bond investors brace for recession as Fed expected to slow pace of tightening
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Recession worries are sending investors into Treasuries and other fixed income investments ahead…
What to do when your term life insurance is ending
By Chris Taylor NEW YORK (Reuters) – Joe Natiello is facing what you might call a “nice problem to have.”…
Disillusioned at home, super-rich Chinese set their sights on Singapore
By Xinghui Kok and Chen Lin SINGAPORE, (Reuters) – Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could…
Wood’s ARK Innovation Fund on pace for best month ever as battered stocks surge
By David Randall NEW YORK (Reuters) – Cathie Wood’s ARK Innovation Fund is closing in on the best monthly performance…