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
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’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 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
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
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick A stellar rally in equities and bonds suggests market confidence
2023-12-01 14:23
Sunak Spends £1.6 Billion to Try to Show COP He’s On Message
Rishi Sunak pledged to spend £1.6 billion ($2 billion) on climate projects, as the British premier arrives at
2023-12-01 14:16
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
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
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
Fears of a New World War Prey on Hedge Fund Titans and Policymakers Alike
Officials and investors are starting to worry that the world is sliding toward a new era of great-power
2023-12-01 13:24
Is It Time to Change How We Talk About 1.5C?
COP28 Daily Reports: Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right
2023-12-01 13:20