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Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Traders betting on diverging stock performances by Chinese e-commerce giants Alibaba Group Holding Ltd. and PDD Holdings Inc.
2023-12-01 14:59
China Evergrande creditors seek controlling stakes in new proposal
China Evergrande creditors seek controlling stakes in new proposal
(Reuters) -A group of offshore creditors to China Evergrande Group is asking for a controlling equity stake of the developer
2023-12-01 14:59
China new home prices inch up for third month in November - survey
China new home prices inch up for third month in November - survey
BEIJING China's new home prices rose slightly for a third straight month in November, a private survey showed
2023-12-01 14:56
Bitcoin Brings $40,000 Into View After More Than Doubling in a Chaotic Year
Bitcoin Brings $40,000 Into View After More Than Doubling in a Chaotic Year
Bitcoin’s chances of hitting $40,000 are top of mind for crypto speculators as they head into the final
2023-12-01 14:55
South Africa Will Provide $2.5 Billion Guarantee to Transnet
South Africa Will Provide $2.5 Billion Guarantee to Transnet
South Africa’s National Treasury agreed to provide a 47 billion-rand ($2.5 billion) guarantee facility to Transnet SOC Ltd.,
2023-12-01 14:52
Israel Says Hamas Violated Terms of Cease-Fire as Truce Lapses
Israel Says Hamas Violated Terms of Cease-Fire as Truce Lapses
Israel resumed combat against Hamas in the Gaza Strip after a week-long truce between the two sides ended
2023-12-01 14:28
Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen
Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen
Japanese life insurers have cut currency hedging by the most in more than a decade, signaling receding concern
2023-12-01 14:24
Markets pin hopes on soft landing, with one eye on recession risk
Markets pin hopes on soft landing, with one eye on recession risk
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick A stellar rally in equities and bonds suggests market confidence
2023-12-01 14:23
Dollar soft as traders weigh Fed rate cut prospects
Dollar soft as traders weigh Fed rate cut prospects
By Ankur Banerjee SINGAPORE (Reuters) -The dollar dipped on Friday, while the euro edged higher after steep overnight losses as
2023-12-01 14:18
Europe’s Winter Freeze Set to Give Way to Milder December
Europe’s Winter Freeze Set to Give Way to Milder December
Europe’s icy start to December is forecast to give way to milder conditions as the month progresses, providing
2023-12-01 14:15
Wealth and Pension Funds Prefer India Over China, Study Shows
Wealth and Pension Funds Prefer India Over China, Study Shows
Global pension and sovereign wealth managers are flocking to India while growing hesitant on China, according to a
2023-12-01 13:45
How a Climate Crisis Is Making Chocolate More Expensive
How a Climate Crisis Is Making Chocolate More Expensive
The muck from incessant rain sloshes around Nestor N’Guessan’s feet as he points to a plot of cocoa
2023-12-01 13:28
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