Indices

Mubadala-backed Corient to acquire two European wealth managers in $214 billion asset deal

DUBAI -Corient, one of the largest U.S. wealth advisory firms, said on Tuesday it would acquire Stonehage Fleming and Stanhope Capital Group, bringing more than $214 billion in client assets under...

India eyes record cotton buying as imports, US tariffs dampen prices

MUMBAI -India is expected to purchase a record volume of cotton from farmers in the upcoming season, as domestic prices face pressure from cheaper imports and weakening demand following hefty U.S....

Hedge funds still cautious on U.S. stocks going into fragile September

LONDON -Hedge funds remain hesitant about buying U.S. stocks at the outset of what is often a dour month for markets, even with a potential U.S. rate cut on the horizon, after becoming net sellers in...

Nestle investors face more turbulence after another CEO ousted

STORY: Nestle investors were pitched back into choppy waters on Tuesday. The Swiss food giant ousted its CEO Laurent Freixe over an affair he had with a subordinate. The...

In Mexican border town, thousands of jobs lost due to Trump tariffs

CIUDAD JUAREZ, Mexico -For 11 years, Fabiola Galicia worked her way up the ranks at a factory that produced decorative ribbons in Ciudad Juarez, just across the border from El Paso, Texas. Starting...

US equity funds draw only subdued inflows on Fed independence risk

U.S. equity funds drew only marginal inflows in the week through August 27 as risks to the Federal Reserve's independence kept investor demand in check after President Donald Trump attempted to fire...

Global equity fund inflows ease on worries over Fed independence

Global equity funds witnessed a dip in demand in the week through August 27 on concerns around the Federal Reserve's independence as President Donald Trump attempted to fire a Federal Reserve...

Affirm shares soar on rising BNPL demand as income growth slows

Affirm Holdings shares surged 18% as an upbeat annual forecast for gross merchandise value highlighted U.S. customers' increasing use of buy now, pay later services, at a time when analysts have...

Oil prices fall with expected low demand, upcoming supply boost

HOUSTON -Oil prices fell on Friday as traders looked toward weaker demand in the U.S., the world's largest oil market, and a boost in supply this autumn from OPEC and its allies. Brent...

Exclusive-India's Russian oil imports set to rise in September in defiance of US

MOSCOW/LONDON -Russian oil exports to India are set to rise in September, dealers said, as New Delhi defies U.S. punitive tariffs designed to force the country to stop the trade and push Moscow...

Foreigners snap Japanese stock purchases as tech rally cools

Foreign investors were net sellers of Japanese stocks in the week to August 20, for the first time in nine weeks, as they turned cautious, moving to lock in profits after a selloff in technology...

Canada's LNG draws German interest for market swaps, minister says

CALGARY -German companies are looking to buy and swap Canadian LNG cargoes shipped off the Pacific coast to help meet European demand, Canada's Energy and Natural Resources Minister Tim Hodgson said...

China tech giant JD.Com unit, two other firms plan $1 billion Singapore REIT, sources say

SINGAPORE/HONG KONG -The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based real estate investment trust with assets potentially valued...

Chinese stocks at decade high lure hesitant retail investors

SHANGHAI -Chinese stocks are at decade highs after a rally powered by support from state-backed institutions and bigger investors, with retail money slowly making their way back into shares providing...

Chinese savers are a booming stock market's next catalyst

SHANGHAI/HONG KONG -China's stock market is on a tear supported by state money and big institutions, and analysts say the absence of retail investor euphoria suggests the rally has legs even as the...

Vietnam to make switch to ethanol-blended fuel in move to boost U.S. imports

HANOI -Vietnam is planning to switch completely to ethanol-blended gasoline from next year, opening up the possibility for the Southeast Asian country to import more ethanol and corn from the United...

China stocks on course for best hedge fund inflows in 6 months, Morgan Stanley says

HONG KONG -Global hedge funds ramped up their bets on China shares, with August on track to mark the biggest monthly buying since February, a Morgan Stanley note shows. Hedge fund...

Oil edges up on US crude stocks drop, impact of US tariffs on India

HOUSTON -Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in U.S. crude inventories and as investors weighed the potential impact from new U.S. tariffs on...

Nasdaq short interest rose 2.02% in mid August from late July

NEW YORK -Short interest on the Nasdaq rose 2.02% in mid-August, the exchange said on Tuesday. As of August 15, short interest rose to about 16.93 billion shares from 16.59 billion...