South Korea pension fund opens up FX hedging limit to maximum 10%
By Jihoon Lee SEOUL (Reuters) -South Korea’s mammoth state pension fund will hedge foreign exchange risks for up to 10%…
Economy
For bear stock pickers, 2023 is full of rich pickings
By Nell Mackenzie LONDON (Reuters) – Well-known activist short-selling hedge funds expect to find more companies squeezed by tough economic…
Foreign investors cut Chinese bonds for 10th straight month in Nov
SHANGHAI (Reuters) – Foreign investors continued to offload holdings in China’s onshore bonds for a 10th straight month in November,…
Jana Partners tells Freshpet it plans to run for board seats in 2023
By Svea Herbst-Bayliss NEW YORK (Reuters) – The activist investment firm pushing Freshpet Inc to consider selling itself has told…
Fidelity National agrees to review, adds director after D.E. Shaw pressure
By Svea Herbst-Bayliss NEW YORK (Reuters) -Fidelity National Information Services on Thursday said it will undertake a strategic review and…
ECB to start offloading bond holdings in March
By Yoruk Bahceli (Reuters) -The European Central Bank said on Thursday it would start reducing its 5 trillion euros’ ($5.3…
ECB nudges up UniCredit’s capital requirement to shore up defences
By Valentina Za MILAN (Reuters) – The European Central Bank has slightly increased the amount of capital UniCredit must hold…
Lloyds hires ING tech boss as operations head
LONDON (Reuters) – Britain’s biggest domestic bank Lloyds has hired ING’s technology chief to run its operations, Lloyds said on…
Julia Leung to become first female head of Hong Kong securities watchdog
By Selena Li HONG KONG (Reuters) – The Hong Kong government has named Julia Leung as new head of the…
Analysis-Investors bet Fed will blink if recession hits despite ‘higher for longer’ mantra
By Davide Barbuscia and David Randall (Reuters) – Some investors believe an expected recession will force the Federal Reserve to…