Days after BHP Group failed to secure the $49 billion takeover of smaller rival Anglo American Plc, investors have one message for Chief Executive Mike Henry — keep your cool. BHP argues it showed restraint in the battle for Anglo, a welcome attribute…
Read more
BERLIN, June 3 (Reuters) – German state lender KfW (KFW.UL) has sold 110 million shares in Deutsche Telekom (DTEGn.DE), opens new tab for 2.5 billion euros ($2.7 billion), it said on Monday, as part Berlin’s plans to sell holdings in companies to…
Read more
A Reddit account linked to the meme-stock folk hero posted for the first time in years over the weekend, with a screenshot showing a $116 million position in GameStop stock, plus a big options bet. GameStop shares soared roughly 80% in…
Read moreThe spot ether exchange-traded fund (ETF) launched by Chinese fund manager ChinaAMC saw more than HK$5 million (US$640,780) in net inflows as of mid-day Wednesday, after reaching HK$3.77 million on Tuesday, the largest since launch, as investors anticipate US approval…
Read more
The regulators of Hong Kong and Saudi Arabia will explore ways to cross-list exchange traded funds (ETFs) and foster two-way fund flows, according to the Securities and Futures Commission (SFC). The SFC said on Monday that it was looking into…
Read more
WASHINGTON, June 3 (Reuters) – The U.S.-led Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a “Clean Economy” investor forum to boost infrastructure and climate investments across the region. It marks the…
Read more
MOSCOW, June 1 (Reuters) – The Russian government has softened requirements for mandatory sales of foreign currency for exporters if more than half of the value of their contracts is paid in roubles, according to changes, opens new tab to a government…
Read more
