equity
Top StoriesShares Choppy, U.S. Yields Fall as Investors Digest Fed Minutes
Top StoriesAnalysis-U.S. Retail Traders Pile Back Into Options as Meme-Stock Mania Flares
Top StoriesGlobal Shares Fall, U.S. Treasury Yields Rise After Dovish Fed Minutes
Top StoriesHong Kong Exchange Sees Further Headwinds After First-Half Profit Drop
Norway’s Wealth Fund Loses Record $174 Billion in First Half of 2022
Date: August 17, 2022
By Victoria Klesty OSLO (Reuters) -Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022 as stocks and bonds were hit by global recession fears and rampant price inflation. The $1.3 trillion fund’s return on investment was a negative 14.4% for...
Norway’s Wealth Fund Loses $174 Billion in First Half of 2022
Date: August 17, 2022
By Victoria Klesty OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, made a loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022, it said on Wednesday, as stocks and bonds were hit by global recession fears and rampant price inflation. The $1.3 trillion fund’s return on investment was...
Global Stocks Steady, U.S. Treasury Yields Rise as Recession Worries Persist
Date: August 16, 2022
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets were flat while U.S. Treasury yields rose on Tuesday as recession worries persisted amid concern the Federal Reserve will continue its steep interest rate hikes despite nascent signs of a slowdown in inflation. The yield curve between two- and 10-year Treasury notes, viewed as an indicator...
European Stocks Rally for Fifth Day as Defensives, Miners Climb
Date: August 16, 2022
By Sruthi Shankar (Reuters) -European shares extended gains for a fifth straight session on Tuesday, buoyed by defensive sectors and miners, although concerns over a potential recession limited further upside. The continent-wide STOXX 600 index rose 0.4%, hitting a fresh 10-week high after recouping much of its June losses this week. Miners jumped 1.6% to...
Stocks, U.S. Dollar Gain Despite Surprise Weak China Data
Date: August 15, 2022
By Chibuike Oguh New York (Reuters) – Global equities and the U.S. dollar advanced on Monday despite weaker-than-expected economic data in China that prompted the country’s central bank to cut its lending rate, stoking concerns of a global recession. The People’s Bank of China unexpectedly cut key interest rates on Monday after the world’s second-largest...
Sas Bridge Financing Keeps Survival Hopes Airborne, Shares Climb
Date: August 15, 2022
STOCKHOLM (Reuters) – Scandinavian airline SAS kept its bid for survival aloft at the weekend by securing bridge financing through bankruptcy protection proceedings and sent its shares 9% higher on Monday. The airline, whose biggest owners are Sweden and Denmark, said on Sunday it had signed a deal with U.S. private equity firm Apollo Global...