Bloomberg Business

A Once-Reliable Trade Is Becoming So Popular It May Be Falling Apart

One of the most reliable strategies in the hedge-fund world this century is also one of the simplest: Buy stocks that are entering major indexes and sell those that are exiting them. For Emmanuel Terraz, it has minted profits practically his whole career.

Portugal Effectively Bans Chinese Companies From 5G Network

Portugal has banned companies from ‘high-risk’ countries and jurisdictions from supplying equipment for its fifth-generation phone network, becoming the latest western nation to effectively block China’s Huawei Technologies Co. from its market.

Turkey’s Runoff Election Has Traders Bracing for More Pain

Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President Recep Tayyip Erdogan seeks to secure the re-election that narrowly eluded him almost two weeks ago.

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