Argentina Names New Central Bank Chief as Peso’s Plummet Worsens
July 11, 2018

Argentina’s central bank is getting a new chief after the monetary authority failed to stop the peso’s plunge despite obtaining the biggest loan in the history of the International Monetary Fund.

Luis Caputo, previously the finance minister, will take over Continue reading

Asian Stocks Drop With U.S. Futures; Lira Climbs: Markets Wrap
July 5, 2018

Asian stocks fell with U.S. equity-index futures and the yen advanced as investors assessed prospects for continuing trade tensions between U.S. and China. Turkey’s lira climbed after Recep Tayyip Erdogan claimed victory in the weekend’s election.

Japanese stocks turned lower Continue reading

WorldsBig-Three Central Banks to Meet With Different Agendas
June 10, 2018

The world’s three most powerful central banks convene next week, with the U.S. Federal Reserve setting the pace in a retreat from the era of easy money.

Three meetings within 36 hours of each other are set to conclude with Continue reading

Not Everybody’s Buying the Saudi Story, Even as Money Gushes In
May 27, 2018

Not Everybody’s Buying the Saudi Story, Even as Money Gushes In

  • Hermes’ Greenberg wants ‘real’ change before committing
  • History suggests underperformance after upgrade, Trustus says

While tens of billions Continue reading

Apple Earnings Show Growing Immunity to Smartphone Malaise
May 27, 2018
  • As industry cools, CEO cooks up new services, raises prices
  • Apple’s success elsewhere doesn’t help smartphone suppliers

Apple Inc.’s results confirmed that, while the days of double-digit smartphone industry growth are over, Chief Executive Officer Tim Cook has a Continue reading

$1 Trillion Fund Committed to U.K. No Matter What Brexit Outcome
March 28, 2018

The world’s biggest sovereign wealth fund will continue to invest in the U.K. no matter what the outcome of Brexit talks.

“We remain a long-term and committed investor in the U.K. in all asset classes,” Norges Bank Investment Management’s Chief Continue reading

Asian Stocks Fall as Traders Await Powell Hearing: Markets Wrap
March 20, 2018

Asian stocks started March on a weak footing after U.S. shares tumbled in afternoon trading Wednesday. Treasuries and the dollar held gains as traders awaited a second appearance from Federal Reserve Chairman Jerome Powell, whose comments riled markets earlier this Continue reading

Jeremy Grantham Wants His Kids to Get Into Emerging Markets
March 19, 2018

Jeremy Grantham, the 79-year-old investor known for his bearish views, is so bullish on emerging-market stocks that he’s telling his own kids to invest more than half their retirement money in the asset class.

"What I would own is as Continue reading

U.S. Stocks Sink Most Since 2011 as Rout Deepens: Markets Wrap
February 13, 2018

U.S. stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points, as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher. Treasuries rallied Continue reading