![Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain](/i/c/a52d81b6-f74f-506e-760a-230f677011c8.webp)
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 14:58
![Bitcoin Brings $40,000 Into View After More Than Doubling in a Chaotic Year](/i/c/8811e868-caec-6dd4-5da2-15b611200581.webp)
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 14:51
![South Africa Will Provide $2.5 Billion Guarantee to Transnet](/i/c/c37bf054-be73-8092-ffdc-f4a466202b85.webp)
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 14:50
![China new home prices inch up for third month in November - survey](/i/c/7dc7a788-0292-52b9-ebab-a6ca166c4eaf.webp)
China new home prices inch up for third month in November - survey
BEIJING China's new home prices rose slightly for a third straight month in November, a private survey showed
2023-12-01 14:46
![China Evergrande creditors seek controlling stakes in new proposal](/i/c/013f4a0a-3761-98cb-36f0-cc05243a2fa3.webp)
China Evergrande creditors seek controlling stakes in new proposal
(Reuters) -A group of offshore creditors to China Evergrande Group is asking for a controlling equity stake of the developer
2023-12-01 14:45
![Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen](/i/c/859afad4-4a40-a93a-9afc-e1439bfa524e.webp)
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 14:27
![Sunak Spends £1.6 Billion to Try to Show COP He’s On Message](/i/c/0dc84253-ab96-b11f-f062-dd231c4559fe.webp)
Sunak Spends £1.6 Billion to Try to Show COP He’s On Message
Rishi Sunak pledged to spend £1.6 billion ($2 billion) on climate projects, as the British premier arrives at
2023-12-01 14:24
![Europe’s Winter Freeze Set to Give Way to Milder December](/i/c/4e962ff7-7fd9-f288-347c-b3769e7fe8ff.webp)
Europe’s Winter Freeze Set to Give Way to Milder December
Europe’s icy start to December is forecast to give way to milder conditions as the month progresses, providing
2023-12-01 14:23
![Markets pin hopes on soft landing, with one eye on recession risk](/i/c/b557ad1f-c368-7709-afea-47a7658e4aa2.webp)
Markets pin hopes on soft landing, with one eye on recession risk
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick A stellar rally in equities and bonds suggests market confidence
2023-12-01 14:21
![Israel Says Hamas Violated Terms of Cease-Fire as Truce Lapses](/i/c/176bd5f9-b3aa-f11d-b70f-019bec875214.webp)
Israel Says Hamas Violated Terms of Cease-Fire as Truce Lapses
Israel resumed combat against Hamas in the Gaza Strip after a week-long truce between the two sides ended
2023-12-01 14:15
![Dollar soft as traders weigh Fed rate cut prospects](/i/c/66059274-60bc-e152-cf1f-651e320b8579.webp)
Dollar soft as traders weigh Fed rate cut prospects
By Ankur Banerjee SINGAPORE (Reuters) -The dollar dipped on Friday, while the euro edged higher after steep overnight losses as
2023-12-01 14:15
![Wealth and Pension Funds Prefer India Over China, Study Shows](/i/c/99a5de73-9c82-c8aa-5802-66bc25e33813.webp)
Wealth and Pension Funds Prefer India Over China, Study Shows
Global pension and sovereign wealth managers are flocking to India while growing hesitant on China, according to a
2023-12-01 13:59