equity
InvestingEuropean Shares Jump as Luxury Stocks, Miners Rally Amid Fed Pivot Hopes
InvestingCommodity Stocks Boost UK Shares to Near Seven-Week High
TechnologyBlackstone to Take Control of Emerson’s Climate Tech in $14 Billion Deal
InvestingExclusive-Bowing to Investor Demand, Funds Ramp up Ex- China Emerging Market Strategies
UK Will Not Take Action Over Czech Mogul’s Plan to Raise Royal Mail Stake
Date: October 31, 2022
(Reuters) -Britain is no longer intervening in Czech billionaire Daniel Kretinsky’s plan to increase his stake in Royal Mail parent International Distributions Services, sending the company’s shares up more than 7% on Monday. In August, Royal Mail said it had been notified by then business minister Kwasi Kwarteng that he was exercising powers to look...
Stocks Rally Wobbles as Fed Hike Draws Near
Date: October 31, 2022
By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets wobbled higher on Monday as hopes waned that the U.S. Federal Reserve might take a less aggressive approach on rate hikes, while wheat leapt on Russia’s withdrawal from a pact allowing Ukrainian grain to transit the Black Sea. MSCI’s broadest index of Asia-Pacific shares outside Japan...
Global Equity Funds Receive Inflows for First Time in 10 Weeks
Date: October 28, 2022
(Reuters) – Global equity funds attracted money inflows in the week ended Oct. 26, bolstered by expectations the Federal Reserve would slow its pace of rate hikes to counter the economic slowdown. According to Refinitiv Lipper data, investors bought a net $7.8 billion worth of global equity funds in the week, after ditching them in...
Credit Suisse Overhaul Welcomed by Swiss National Bank – Paper
Date: October 28, 2022
ZURICH (Reuters) – The Swiss National Bank endorses the measures Credit Suisse has taken to transform the embattled Swiss bank and shore up its capital, SNB Vice Chairman Martin Schlegel said. “The SNB welcomes the steps recently announced for the strategic transformation of Credit Suisse,” Schlegel told Swiss newspaper Finanz und Wirtschaft in an interview...
Global Equity Funds Receive Inflows for First Time in 10 Weeks
Date: October 28, 2022
(Reuters) – Global equity funds attracted money inflows in the week ended Oct. 26, bolstered by expectations the Federal Reserve would slow its pace of rate hikes to counter the economic slowdown. According to Refinitiv Lipper data, investors bought a net $7.8 billion worth of global equity funds in the week, after ditching them in...
Baillie Gifford Funds Bought More Shares of China’s Pinduoduo, Nio in Q3
Date: October 28, 2022
By Summer Zhen HONG KONG (Reuters) – Baillie Gifford, one of the largest asset managers in Europe and a China bull in recent years, increased its holdings of some Chinese growth stocks in its portfolio in the third quarter despite rising policy uncertainty, exchange filings showed. The Edinburgh-based investment group added 110,737 shares of e-commerce...