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Asset managers fail to act on pledges to divest from Brazil over deforestation
Several European investment groups that last year threatened to divest from Brazil over soaring deforestation have not done so, even as new figures show the pace of destruction of the Amazon rainforest is at its worst since 2006. European…
Netanyahu struggles to plot path back to power in Israel
On their trip to Israel last month, a group of US lawmakers met the new prime minister Naftali Bennett and drove to Ramallah to meet the Palestinian prime minister, Mohammad Shtayyeh.But the one person they did not find time for was…
Pepperstone presents, The Trade-Off – a weekly digital series focused on helping retail…
MELBOURNE, Australia, Dec. 1, 2021 /PRNewswire/ -- The last two years have shown that volatility in the market can be triggered especially when restrictions are implemented, countries close their borders, and the world has essentially shut…
China's Kaisa struggles for relief from bond holders as default risk looms
HONG KONG (Reuters) - Chinese developer Kaisa Group Holdings Ltd is unlikely to win bondholders' approval to extend the maturity of a $400 million bond due next week, analysts say, heaping more pressure on other indebted peers. Kaisa's…
Dollar Down, Yen Near Seven-Week High as Omicron Continues to Spread
Investing.com – The dollar was down on Thursday morning in Asia while the yen, a fellow safe-haven asset, remained near a seven-week high. The South African rand and other riskier currencies were also impacted by concerns over the new…
China property market to keep cooling into H1 2022 on tight curbs: Reuters poll
BEIJING(Reuters) - China's property downturn is expected to continue into the first half of 2022, with home prices and sales falling as tight credit policies and a looming property tax dampen demand, a Reuters poll showed.The property…
Founder of Coin Signals Funds Pleads Guilty in Crypto Scam — Faces up to 10 Years in Prison
The founder and manager of several cryptocurrency funds has pleaded guilty to luring investors to his crypto investment scam. His funds consistently lost money and his scam left investors with a $5 million loss, according to the U.S.…
Hedge funds wage pandemic battle for top traders
As investors race to size up the threat from the Omicron coronavirus variant, one corner of the hedge fund industry needs no reminding that the pandemic moves markets.Helped by diversified portfolios and an ability to slash or raise their…
Cathie Wood Trims $5M In Coinbase And Loads Up On This Stock
Cathie Wood’s money managing firm Ark Invest on Wednesday sold more shares in Coinbase Global Inc (NASDAQ:COIN) as the largest U.S. cryptocurrency exchange's stock continued to fall weeks after reporting third quarter results that fell…
U.S. VP Harris' chief spokesperson Sanders to leave her office
(Reuters) -Symone Sanders, senior adviser and chief spokesperson to U.S. Vice President Kamala Harris, is leaving the VP's office by the end of this year, a White House official said, the latest departure from Harris's office amid reports…
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