Hot-Money Retail Traders Turn Momentum Chasers Into Bagholders
Bloomberg (Bloomberg) — A four-day rally that sent shares of the unprofitable vegetarian foodmaker Beyond Meat Inc. up…
Swiss Watch Exports Slump in September on US Tariffs
Rolex GMT-Master II watches watches in the window of a store in New York. (Bloomberg) — Swiss watch…
China Rare-Earth Product Exports Shrink as US Frictions Flare
(Bloomberg) — China’s exports of rare earth products fell in September from a month earlier, as Beijing’s tighter…
Global Finance Chiefs Urged to Keep Calm as Trade War Escalates
Visitors look on as a container ship passes through the Aqua Clara locks while transiting the Panama Canal.…
China’s PBOC Vows Steps to Promote Use of Yuan Around the World
The People’s Bank of China in Beijing. Bloomberg (Bloomberg) — Chinese authorities pledged to make it easier for…
The Great Debasement Debate Is Rippling Across World Markets
(Bloomberg) — Beneath the surface of the short-term ups and downs of financial markets, a longer-term repricing of…
US Trade Talks May Be Cracking India’s Opposition to GM Crops
(Bloomberg) — In a world where an ever-growing portion of grains is grown from genetically modified seeds, India…
Australia Revamps Pension Tax for Wealthy Savers After Blowback
(Bloomberg) — Australia’s government has rolled back some of the most contentious elements of a planned tax on…
Apple’s Health and Fitness Teams Report to Eddy Cue in Reshuffle
Apple is set to reorganize its health and fitness divisions under its Services group, according to a new…
Oracle Sinks on Report Its Cloud Margins Are Lower Than Expected
The Oracle offices in Redwood City, California. (Bloomberg) — Oracle Corp. shares tumbled after a report that the…
Bond Traders Dare to Go Longer Before 4% Yield Disappears
(Bloomberg) — Bond investors have ridden a profitable playbook this year to score big wins on Federal Reserve…
Asia PMIs Split as South Korea, Vietnam Weather Trump Tariffs
(Bloomberg) — Manufacturing across Asia was split last month, with activity improved in South Korea and steady in…