Goldman expects one yen trade to continue thriving even as another fades
While effects of intervention on the Japanese yen appears to be fading, the relative value carry strategies should continue to thrive, Goldman says.
BYD shares slide as fierce China competition dents first-half earnings
BYD shares slid after the automaker released its latest results on Friday, despite higher second-quarter profit and overseas growth.
Jackson Hole analyst roundup: Warsh’s speech sends hike chances higher, may put Fed ‘at odds’ with Treasury
Fed Chair Kevin Warsh’s hawkish stance reinforced expectations of a relatively tighter stance at the Federal Open Market Committee meeting in September.
Meta- and Google-backed Indian telecom operator Jio Platforms gets regulatory nod for IPO
India’s largest digital and telecom operator, Jio Platforms, got a regulatory nod for an IPO, but the National Stock Exchange, another mega issue, is still awaiting regulatory clearance.
China’s factory activity shrinks for second straight month, contracting less than expected
China’s manufacturing activity shrank for a second straight month, keeping pressure on Beijing to support the economy as growth loses momentum.
CNBC Daily Open: War by other means turns to armed conflict — again
After a week or so of saying how the U.S. will transition to economic warfare on Iran, Washington has decided that a return to actual strikes is the way to go.
Brent jumps above $90 after flare-up in U.S.-Iran hostilities
Oil prices moved higher Monday, after the U.S. struck Iranian targets for the first time in weeks.
K-beauty giant APR’s shares up 100% this year ahead of U.S. Costco launch in September
APR is accelerating its U.S. retail expansion with a Costco launch in September, as the K-beauty company’s shares have surged nearly 100% this year.
Singapore tackles finances and culture to avert a demographic crisis
One challenge for policy makers is that success on many measures won’t show up immediately.
What caused Nvidia’s nasty reversal Friday? Look to the Fed for clues
In his Sunday column for Investing Club subscribers, Jim Cramer explores the linkage between Nvidia’s stock, the oil market, and the Federal Reserve.
