Tokyo stocks closed down on Monday, the first trading day of the year, after a volatile session with investors nervous as the government weighs declaring a virus state of emergency.
Dump the dollar! Buy emerging markets! Stay sustainable! These are among the consensus trades investment banks and asset managers reckon will dominate financial markets in 2021.
Pressured by strict U.S. sanctions, Venezuela's oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to Refinitiv Eikon data and internal documents from state-run PDVSA, financially squeezing socialist President Nicolas Maduro.
Some global hedge fund investors are going into 2021 optimistic about a speedy snap-back from the economic challenges related to the coronavirus pandemic.
Investors have been weighing a major political unknown since the November election that could ripple through asset prices: control of the Senate.
NEW YORK: Activist investor Carl Icahn has sold more than half his stake in Herbalife Nutrition back to the company for US$600 million at US$48.05 a share and has given up the five seats on the firm's board held by his representatives, Herbalife said in a statement. Icahn had a...
HONG KONG: Optimism about the economic outlook in 2021 helped Asian investors kick off the new year Monday (Dec 4) on a positive note, as hopes surrounding the rollout of COVID-19 vaccines offset a frightening surge in infections. With uncertainty over Brexit and a new US stimulus gone, sights...
LONDON: Britain faced the first true test of its Brexit preparations on Monday (Dec 4), with thousands of lorries expected to make the Channel crossing for the first time since the country left the EU's single market and customs union. Britain left the EU's institutions late Thursday, but light ......
In a standoff between farmers from India's northern breadbasket and the government that has convulsed the country, the farmers have a 21st-century ally: a handful of supporters scattered around the world running a Twitter handle.
Asian factory activity expanded moderately in December thanks to robust demand in regional giant China, business surveys showed on Monday, the latest sign that manufacturers are emerging from the initial damage of the COVID-19 pandemic.
