Asian Hedge Funds Outperform With Bets on AI, Japanese and US Stocks
Several Asia-based hedge funds used bets tied to artificial intelligence, along with Japanese and US stocks, to beat
2023-07-27 06:18
Meta Shares Climb After Revenue, Forecast Beat Estimates
Meta Platforms Inc. shares surged after the company forecast revenue that beat analysts’ estimates, showing that the social
2023-07-27 04:26
Fed Raises Interest Rates to 22-Year High, Leaves Door Open for More
The Federal Reserve raised interest rates to the highest level in 22 years and Chair Jerome Powell said
2023-07-27 02:46
Telkom to Partner With South Africa as Assets Attract Buyers
Telkom SA SOC Ltd. and the South African government are in advanced talks to partner in rolling out
2023-07-26 22:18
European Stocks Slide as LVMH Earnings Weighs on Luxury Sector
European stocks dropped, snapping their longest winning streak since January, as earnings season rolled on and investors looked
2023-07-26 17:57
Snap Shares Drop After Sales Forecast Misses Estimates
Snap Inc. projected revenue at the lower end of analysts’ estimates for this quarter, signaling that improvements to
2023-07-26 17:27
Powell Has Stopped Handing Gifts to Wall Street on Fed Day
In what was a brutal 2022 for investors, there was at least one sure-fire, money-making proposition for much
2023-07-26 17:16
UniCredit Lifts Targets for Second Quarter as Profit Surges
UniCredit SpA lifted its full-year targets for a second straight quarter after surging income from lending boosted profit.
2023-07-26 13:52
Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
2023-07-26 10:52
L’Occitane Owner Said to Mull Buyout of $4.2 Billion Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge
2023-07-26 09:58
China Market Rally Needs Policy Follow-Up, Morgan Stanley Says
Imminent follow-through of actionable policy measures, especially those for the property sector, will be key to sustaining a
2023-07-26 09:51
Asian Stocks Set for Muted Open Before Fed Meeting: Markets Wrap
Asian markets are likely to be subdued Wednesday as investors await the Federal Reserve’s rate decision, with equity
2023-07-26 06:49