Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Traders betting on diverging stock performances by Chinese e-commerce giants Alibaba Group Holding Ltd. and PDD Holdings Inc.
2023-12-01 14:59
Bitcoin Brings $40,000 Into View After More Than Doubling in a Chaotic Year
Bitcoin’s chances of hitting $40,000 are top of mind for crypto speculators as they head into the final
2023-12-01 14:55
South Africa Will Provide $2.5 Billion Guarantee to Transnet
South Africa’s National Treasury agreed to provide a 47 billion-rand ($2.5 billion) guarantee facility to Transnet SOC Ltd.,
2023-12-01 14:52
Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen
Japanese life insurers have cut currency hedging by the most in more than a decade, signaling receding concern
2023-12-01 14:24
How a Climate Crisis Is Making Chocolate More Expensive
The muck from incessant rain sloshes around Nestor N’Guessan’s feet as he points to a plot of cocoa
2023-12-01 13:28
Is It Time to Change How We Talk About 1.5C?
COP28 Daily Reports: Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right
2023-12-01 13:20
Meta Says There’s Been No Downside to Sharing AI Technology
Meta Platforms Inc. executives, speaking at an event Thursday, said there’s been no major drawbacks to openly sharing
2023-12-01 12:59
DeSantis, Newsom Face Off to Rally Base With Eyes on the White House
Governors Ron DeSantis of Florida and Gavin Newsom of California sparred over taxes, border security and energy, in
2023-12-01 12:55
Korea Defends Short-Sale Ban Saying Illegal Trading Is ‘Rampant’
A South Korean regulator defended its decision to temporarily ban stock short-selling as necessary to stop unlawful trading,
2023-12-01 12:55
Copper Climbs to 11-Week High on Panama Mine Risk, Shortfall
Copper advanced to the highest level in 11 weeks on concerns over the looming shutdown of a large
2023-12-01 12:28
Barclays, Citi Raise India’s Growth Closer to 7% After GDP Beat
Economists raised their full-year projections for India’s economy sharply after data on Thursday showed growth outperformed last quarter,
2023-12-01 12:28
Hahn & Co. Weighs Sale of South Korea’s SK Shipping, Sources Say
South Korean buyout firm Hahn & Co. is reviewing strategic options for its majority stake in SK Shipping
2023-12-01 12:17