Multi-strategy hedge fund launches tumble
New multi-strategy hedge fund launches accounted for less than one in 10 of new funds in the first quarter, down…
Some respite for Boeing in US$10bil bond offering
Boeing Co raised US$10bil from a bond sale that attracted about US$77bil of orders and allowed the planemaker to ease…
Signs of progress in the heart of a global methane hotspot
Roughly half a century ago, geologists exploring for hydrocarbons accidentally shattered the roof of a huge underground gas deposit opening…
Top Glencore shareholders favour keeping coal
Several of Glencore Plc’s largest shareholders say the company should retain its coal assets, according to people familiar with the…
Barclays is winning Asia banking business
Barclays Plc says it’s gaining market share in Asia from some US rivals after it hired almost a dozen senior…
Public Mutual declares distributions of RM130mil for four funds
KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to over RM130mil for four funds.
US stocks fall as markets weigh wage data, Fed meeting
US stocks ended lower on Tuesday as markets weighed economic data showing rising labour costs and deteriorating consumer confidence on the…
Japan’s factory activity falls slow, PMI shows
TOKYO: Japan's factory activity shrank at a slower pace in April as declines in output and new orders eased, a…
Oil falls for a third day as U.S. crude inventories swell
NEW YORK: Oil prices fell for a third day on Wednesday on rising crude inventories and production in the U.S.,…