funds

Hedge funds sold off US stocks at a rate not seen since early January, marking a major shift in investment behavior after five straight weeks of net buying. This change in momentum was highlighted in a report from prime brokerage Goldman…

OKX has withdrawn its license application to provide virtual asset services in Hong Kong and plans to discontinue centralized virtual asset trading services for users in the region. In a statement on its website, the cryptocurrency…

Bahrain-based cryptocurrency exchange Rain has fallen victim to a stunning $14.8 million exploit, as revealed by renowned blockchain investigator ZachXBT. This disturbing incident is a stark reminder of the ongoing security…

Written by Neil McKenzieLONDON (Reuters) - Pressure on Japan to support a weak yen may have eased, but the currency's weakness remains a headache for Tokyo.The yen has fallen 9.4% against the dollar so far this year, and appears poised…

Although interest rates are at high levels, the economy has not weakened in the way many expected. In a research note, Evercore ISI examines the impact of the Fed's fiscal policy on interest rates, noting that compared to the…

(Bloomberg) -- Billionaire investor David Tepper capitalized on faltering Chinese stocks last quarter while trimming his stakes in high-flying U.S. technology companies, leading hedge fund managers who are slowly warming to China amid a…

The Chicago Mercantile Exchange (CME), the world's largest futures exchange, plans to offer spot trading of bitcoin on its platform, according to the Financial Times. a report. The move will provide major hedge funds and institutional…

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True Forex Funds has ended operations and announced plans to permanently close due to financial insolvency. According to a statement on the official website of the private trading platform, the company was unable to improve its financial…

Breadcrumb linksBMN BusinessArticle writer:Associated PressDavid A. Lieb and John HannaPosted on May 12, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account.Article…