How sustainable are sovereign wealth funds?
Risks don’t come much longer term than climate change, so you might expect sovereign wealth funds to be all over it, as investment giants with decades in their sights.
Global stocks tread water as gold slides and oil takes a spill
Global shares treaded water on Monday as sharp falls in gold and oil prices briefly spooked sentiment, while the dollar reached four-month highs on the euro after an upbeat U.S. jobs report lifted bond yields.
Private equity firms revise China strategy as regulatory crackdown widens
Private equity firms are rethinking their strategies in China as a widening regulatory crackdown on some of the country’s hottest sectors forces investors to scout for bets in other industries that they hope will be less vulnerable to sudden policy changes.
NetEase delays $1 bln Hong Kong listing of music streaming firm – sources
NetEase Inc (9999.HK) has delayed the $1 billion Hong Kong initial public offering of its music streaming service Cloud Village because of volatile trading in China’s major tech companies, two people with direct knowledge of the matter said.
Dollar hits four-month high on euro as markets bet on earlier Fed taper
The dollar climbed against major peers on Monday, reaching a four-month high versus the euro, as traders positioned for an earlier tapering of Federal Reserve stimulus.
Analysis: Where will yields go? Investors weigh U.S. jobs data against Delta fears
An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year, potentially weighing on an equity rally that has taken stocks to record highs.
Cooling measures doing little to slow New Zealand’s housing boom
Desperation among homebuyers is pushing New Zealand house prices to record highs, overpowering the government’s efforts to rein in the red-hot market and putting in jeopardy a key policy promise by Prime Minister Jacinda Ardern.
Corteva lifts sales forecast on strong demand for crop protection products, seeds
Corteva Inc (CTVA.N) on Thursday raised its net sales forecast for the year after strong demand for crop protection products such as herbicides and insecticides helped the agricultural company beat estimates for the second quarter.
Japan’s Q2 economic rebound likely feeble as COVID-19 impact persists
Japan’s economy likely recovered slightly in the second quarter from a steep slump at the start of the year, a Reuters poll showed, as solid exports and capital expenditure cushioned some of the blow to consumption from the coronavirus pandemic.
Dollar drifts higher as markets await jobs data for Fed clues
The dollar was supported on Friday in the lead up to the release of U.S. employment data, as markets braced for the numbers that could make the case for faster U.S. policy tightening at a time when action in Europe and Japan remains distant.
