Chinese Regulator Cracks Down on Booming Hedge-Fund Industry

Regulator says it’s probing 10 cases involving private funds CSRC cites misuse of Shanghai-Hong Kong stock connect China’s securities regulator is cracking down on the fast-growing hedge-fund industry, investigating 10 cases of alleged wrongdoing.

Size Matters With Smart Beta

The size factor is widely cited as one of the primary reasons why some smart beta strategies offer out-performance potential over traditional cap-weighted indexes. However, simply allocating larger portions of an equity portfolio to small-caps over large-caps is not always a winning strategy. While smaller stocks may outperform their large counterparts over the long-term, small-caps are historically more volatile […]

Bangladesh minister says wants to ‘wipe out’ Manila bank for heist role

Bangladesh’s finance minister said late on Saturday he wanted to “wipe out” a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank’s account with the Federal Reserve Bank of New York last year. Abul Maal A. Muhith was responding to questions from reporters about a Reuters story on Friday […]

SoftBank’s Saudi Ties Could Mean Cash After Kingdom’s Crackdown

Crown Prince, key backer of Vision Fund, consolidating power But a reversal may raise questions about continued investment  Billionaire Masayoshi Son may be getting closer to achieving his dream of making SoftBank Group Corp. the world’s biggest investor in technologies. The reason has to do with the main patron of Son’s $100 billion investment plan, Saudi Arabia’s […]

Aviva’s Nicola Sees Three Hikes for Fed Into 2018

Dec.11 — Mary Nicola, investment strategist and senior economist for Asia at Aviva Investors, discusses Fed policy, inflation and her out for markets in 2018. She speaks on “Bloomberg Markets: Middle East.”

Don’t Give Up On These 5 Top Stocks Just Below Buy Points

Sometimes a stock will break out, but then not make much progress. Within a few hours, days or weeks, it dips just below the buy point, which remains valid. Netflix (NFLX), Citigroup (C), Verizon Communications (VZ), Delta Air Lines (DAL) and MGM Resorts International (MGM) are all just below buy points after pulling back from breakouts. Netflix cleared a 195.05 cup-with-handle buy point on Oct. 5. Shares […]

Bitcoin futures trading begins on CBOE exchange in Chicago

It launched on the CBOE Futures Exchange in Chicago at 23:00 GMT Sunday, allowing investors to bet on whether Bitcoin prices will rise or fall. In the lead-up to its futures debut, the value of the digital currency has surged. Bitcoin’s introduction to the CBOE has been seen by some as a step towards legitimising […]

Bitcoin Futures Surge As Cboe Trading Starts In Cryptocurrency Milestone

Bitcoin futures launched on Cboe Global Markets Sunday, with the cryptocurrency surging. January Bitcoin futures rose 15% to $17,840 in active trading. Bitcoin’s big 2017 run has intensified in recent weeks, rapidly rising from $10,000 to last week clearing $17,000 last week — above $19,000 on some spot-price platforms — before pulling back. Bitcoin was trading at $16,270.93, CoinDesk, […]

Gold’s Time Is Nigh

Remember gold? It seems like only six years ago the shiny metal was flavor of the month, hitting a record $1,900 a troy ounce while its backers prophesied the end of the fiat money system. With bitcoin sucking up all the crazy in financial markets, gold looks to have lost its luster. The CBOE/Comex Gold […]

General Electric: So It’s Come to This

Admit it, you knew this was coming. General Electric (GE) announced that it would fire 12,000 workers in its power business–nearly 20% of the unit’s workers–as it seeks to drive down costs and turnaround the struggling business.   That power has been a big problem hasn’t been a secret. In fact, it’s one of the […]

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