Hedge funds flock to Japan as market heats up
By Summer Zhen HONG KONG (Reuters) – Japan has emerged as a standout in Asia’s subdued $400 billion hedge fund…
Category: Business
China says “dissatisfied” with new Dutch export controls on ASML chipmaking tools
BEIJING (Reuters) – China is “dissatisfied” with the Dutch goverment’s decision to expand export controls on ASML chipmaking equipment, the…
VW boss says European market shrinking amid tougher competition
FRANKFURT (Reuters) – Volkswagen’s CEO, who is pushing for unprecedented cutbacks in the German carmaker’s home market, said change was…
Social media platform X back up after brief outage, Downdetector shows
(Reuters) -Social media platform X was back up on Saturday after it suffered an outage that lasted less than an…
Goldman Sachs expects OPEC+ production increases to start in December
(Reuters) – Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases…
Dell, Palantir and Erie Indemnity to join S&P 500
(Reuters) – The S&P Dow Jones Indices said on Friday server maker Dell Technologies, data analytics firm Palantir Technologies and…
Big Lots prepares bankruptcy filing with plans to sell stores, Bloomberg News reports
(Reuters) – Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and…
US regulator approves BlackRock’s $12.5 billion deal for Global Infrastructure Partners
(Reuters) – The U.S. Federal Energy Regulatory Commission on Friday approved BlackRock’s $12.5 billion deal for Global Infrastructure Partners. Under…
Broadcom shares slump as revenue target disappoints investors hoping for big AI boost
(Reuters) – Broadcom’s shares slid about 9% in premarket trading on Friday, after the chipmaker’s revenue forecast spooked investors betting…
AT&T makes final offer to striking CWA union
(Reuters) – Telecom operator AT&T has presented the Communications Workers of America’s bargaining committee with its final offer, the union…