SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:56
Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:54
Carlyle, GIC Skip Ant’s Buyback After Valuation Slumps 70%
A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of
2023-08-08 10:50
Oil’s Hottest Trade Gathers Momentum as Key Spread Goes Negative
One of the hottest trades in the oil market this year is keeping on rolling, with the potential
2023-08-08 10:19
PayPal bets on crypto's future with US-dollar-backed stablecoin
PayPal is rolling out its first stablecoin as it attempts to capitalize on the "emerging potential" of US dollar-backed digital tokens for consumer payments.
2023-08-08 02:18
Saudi Oil Prices to Asia Point to Uneven Recovery Across Markets
Saudi Arabia’s latest oil pricing for Asian customers is pointing to an uneven recovery, with higher-density crudes outperforming
2023-08-07 14:21
SoftBank May Turn Profit After $48 Billion in Vision Fund Losses
SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to
2023-08-07 12:26
China or India? How to Invest in the Coming Asia Boom
(Bloomberg Markets) -- Money managers are navigating an historic shift: India’s population, at 1.43 billion, edged past China’s this year.
2023-08-07 08:20
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
Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising
2023-08-06 00:16
Who's on strike and who's close? Labor unions are flexing
There are multiple stories involving strikes and unions in the news recently. Here's what's going on in this moment for American unions and how it could affect everyone's life.
2023-08-05 22:23
GM vows to boost jobs next year despite EV shift
By David Shepardson General Motors said Friday it plans to boost employment next year despite concerns raised by
2023-08-05 05:48