NEW YORK/LONDON (Reuters) – Hedge funds have slowed their exit from value stocks and small-cap stocks over the past month, as enthusiasm for artificial intelligence has driven up valuations for[...]
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August 17, 2023
Chinese asset manager signals debt overhaul, stokes contagion fears
By Jason Xue and Clare Jim SHANGHAI/HONG KONG (Reuters) -A major Chinese asset manager has told its investors it needs to restructure its debt, stoking fears that a chain of defaults could spread thro[...]
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The Golden Girls approach: Buying homes together amid high prices
By Chris Taylor NEW YORK (Reuters) – Maybe Dorothy, Blanche, Rose and Sophia had it right all along. We remember the stars from the 1980s television series “The Golden Girls” for their wit and q[...]
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China’s sliding yuan could be next ‘black swan event’ for markets, hedge fund EDL says
By Nell Mackenzie LONDON (Reuters – Hedge fund EDL Capital is betting on further falls for China’s offshore currency and says the yuan’s slide could be the next “black swan eve[...]
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Factbox-Five facts about China asset manager whose troubles fanned spillover fears
BEIJING/SHANGHAI (Reuters) – A liquidity crisis at one of China’s top asset managers Zhongzhi Enterprise Group has fuelled worries that the country’s deepening property sector crisis[...]
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