Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:18
Dan Loeb Surrendered but Meme Army Still Hits Bears for Millions
Dan Loeb is hardly the first Wall Street titan to lament how meme stock traders have made short
2023-08-06 21:58
Bidenomics Boosts US Economy, Fanning Soft-Landing Hopes, Inflation Fears
The economy is getting a boost from Bidenomics and a bulging federal budget deficit, simultaneously fueling hopes the
2023-08-06 20:48
Switch to Japan, Gold Lure, Buffett’s Cash: Sunday Asia Briefing
Welcome to the new week, when we can expect some telling data that could drive equity and debt
2023-08-06 14:48
Saudi City of Future Enlists Dutch Help to Grow Crops in Desert
Saudi Arabia is teaming up with a Dutch greenhouse company to create “a synthetic climate” to make the
2023-08-06 13:23
Upstart Traders of Russian Oil Had Representatives in Common
Two of the companies that emerged as key dealers of Russian oil following the invasion of Ukraine have
2023-08-06 08:25
China Is Losing Out as Global Funds Chase Returns in Japan Stocks
Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s
2023-08-06 08:24
US Inflation Data May Offer Some Comfort to the Fed
A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the
2023-08-06 04:46
Los Angeles City Workers Set to Hold 24-Hour Strike on Tuesday
Los Angeles public employees citing “repeated labor law violations” said they will stop work for 24 hours on
2023-08-06 04:27
‘Tough Week’ Leaves Bond Traders Girding for Another Key Stretch
Bond traders who just navigated their rockiest stretch in months will get little respite in the days ahead,
2023-08-06 04:16
High-Risk Loans Return as Recession Risk Fades
It’s hard to pass up a good rally in US leveraged finance markets, particularly if you’re a bank
2023-08-06 03:18
Wall Street Forecasts Project Profit Recession Ends Next Quarter
With Corporate America’s earnings season nearing an end, the takeaway is clear: Challenges remain, but for a broad
2023-08-06 01:28