A Popular Quant Trade Misfiring on Wall Street Rallies Overseas
One of last year’s hottest quant trades is getting a reboot, even as it misfires in the world’s
2023-09-21 10:19
Hong Kong central bank leaves interest rate unchanged, tracking Fed move
HONG KONG The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight
2023-09-21 10:19
Bond Traders See Yields Marching Higher After September Fed Meeting
Bond traders are bracing for Treasury yields to keep pushing higher after the Federal Reserve signaled it’s likely
2023-09-21 10:17
Zelenskiy Meets With Ken Griffin, Bill Ackman in Bid for Funds to Rebuild Ukraine
Ukraine President Volodymyr Zelenskiy met Wednesday with US financial leaders including Ken Griffin and Bill Ackman to discuss
2023-09-21 09:52
Fall in Korean Exports Moderates in Hopeful Sign for Economy
South Korea’s trade data indicated the trend toward declining exports moderated further in the first part of September,
2023-09-21 09:48
FedEx saw boost from rival UPS's labor negotiations with Teamsters
The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer.
2023-09-21 09:48
UK leader Rishi Sunak delays ban on new gas and diesel cars by 5 years in contentious climate shift
Prime Minister Rishi Sunak says he’s delaying by five years a ban on new gas and diesel cars that had been due to take effect in 2030
2023-09-21 09:45
US Wants to Seek UN Approval for Kenya-Led Haiti Force Next Week
The Biden administration plans to seek UN Security Council approval as early as next week to deploy a
2023-09-21 09:26
New Zealand’s Economy Grew More Than Expected in Second Quarter
New Zealand’s economy grew more than twice as much as economists expected in the second quarter, while a
2023-09-21 09:16
Iran's parliament passes a stricter headscarf law days after protest anniversary
Iran’s parliament has approved a bill to impose heavier penalties on women who refuse to wear the mandatory Islamic headscarf in public and those who support them
2023-09-21 09:16
US two-year Treasury yield rises to 17-year high on hawkish Fed
By Kevin Buckland TOKYO The yield on two-year U.S. Treasury notes rose to a 17-year high of 5.1970%
2023-09-21 08:55
Starving zoo animals and cucumber fines. China's indebted cities are desperate for cash
China's local governments are so debt-ridden that they are increasingly imposing what are perceived to be random or unjustified fines on residents in a bid to generate cash.
2023-09-21 08:55