SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:59
Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:49
Carlyle, GIC Skip Ant’s Buyback After Valuation Slumps 70%
A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of
2023-08-08 10:45
Oil’s Hottest Trade Gathers Momentum as Key Spread Goes Negative
One of the hottest trades in the oil market this year is keeping on rolling, with the potential
2023-08-08 10:16
PayPal bets on crypto's future with US-dollar-backed stablecoin
PayPal is rolling out its first stablecoin as it attempts to capitalize on the "emerging potential" of US dollar-backed digital tokens for consumer payments.
2023-08-08 02:17
Lowest-Rated FTSE 100 Stock Defies Gravity With Slew of Buybacks
The FTSE 100 Index’s lowest-rated stock continues to defy gravity. With 12 sell recommendations and no buys, Abrdn
2023-08-07 19:24
Aramco Boosts Payout to Government, Investors to $29 Billion
Saudi Aramco raised its payout to investors and Saudi Arabia’s government by more than half, in a move
2023-08-07 19:18
Saudi Oil Prices to Asia Point to Uneven Recovery Across Markets
Saudi Arabia’s latest oil pricing for Asian customers is pointing to an uneven recovery, with higher-density crudes outperforming
2023-08-07 14:27
SoftBank May Turn Profit After $48 Billion in Vision Fund Losses
SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to
2023-08-07 12:16
China or India? How to Invest in the Coming Asia Boom
(Bloomberg Markets) -- Money managers are navigating an historic shift: India’s population, at 1.43 billion, edged past China’s this year.
2023-08-07 08:15
Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:29
Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising
2023-08-06 00:25