Hedge Funds on the Brink of Abandoning Bullish Dollar Bets
Hedge funds are poised to exit bullish dollar bets on the prospects for an end to Federal Reserve rate hikes.
Hedge funds are poised to exit bullish dollar bets on the prospects for an end to Federal Reserve rate hikes.
China’s manufacturing activity expanded at a slower pace in June as companies turned more cautious about their output outlook, according to a private survey.
The founder of a Chinese cookie maker has gotten richer with a proposal to take the Hong Kong-listed firm private.
Chinese President Xi Jinping’s elevation of a long-serving technocrat as the central bank’s top Communist Party official signals policy makers will avoid any drastic shifts for now as the world’s second-biggest economy struggles to regain momentum.
Manufacturing across most of Asia deteriorated further in June as a weak Chinese economy sapped demand for the region’s goods.
Eight partners have left or are in the process of leaving PwC Australia over governance breaches related to the tax scandal that’s embroiled the consultancy giant.
Australia’s interest rate meeting is dividing economists and money markets on whether the Reserve Bank will stand pat to assess the impact of previous tightening or raise again to forestall upside risks to prices.
India’s imports of Russian oil hit another record last month as the South Asian nation potentially nears the limit of its buying splurge from the major OPEC+ producer.
Singapore home prices fell for the first time in three years in the second quarter, suggesting the market is cooling on the back of the latest property curbs.
Changes to solar panel technology are accelerating demand for silver, a phenomenon that’s widening a supply deficit for the metal with little additional mine production on the horizon.