Hedge Funds in Emerging Markets Head to Best Year Since 2009
Hedge funds may be getting pounded in most corners of the world -- suffering outflows and forced to trim fees to appease clients. But there’s one place…
BP Unlocks a New Shale Gusher in New Mexico
While other natural gas drillers are paying a premium for acreage in prized U.S. shale formations across Texas and Pennsylvania, BP Plc may have just found a…
Seven Decades Into Indian Democracy, a Royal Palace Thrives
The Umaid Bhawan Palace in Jodhpur. Jodhpur, India (AP) -- In the summer of 1944, hundreds of royals gathered for the opening of Umaid Bhawan Palace, a…
Your Evening Briefing
Want to receive this post in your inbox every afternoon? Sign up here. How much cash is in your wallet right now? While some may worry they…
Deutsche Bank, Credit Suisse Fall in Wealth Manager Ranking
Wealth managers’ revenue stagnated last year even as firms boosted assets by almost 4 percent, highlighting how the pressure on fees is increasingly spreading to the lucrative…
Tesla Planning $1.5 Billion Bond Offering to Support Model 3
A Tesla Model 3. Tesla Inc. is selling bonds to bolster its balance sheet and support spending on the Model 3 sedan. The company plans to offer…
U.K. Economy Takes a Hit as Consumer Spending Slumps Further
U.K. consumers cut back on spending for a third month in July, putting them in their worst slump in more than four years and dealing another blow…
Five Things You Need to Know to Start Your Day
Get caught up on what’s moving markets in Asia. By August 6, 2017, 6:02 PM EDT Want to receive this post in your inbox every morning? Sign…
Don’t Call It a Comeback: The ’90s and Early Aughts Revival Is So Much More Than a Trend
There's comfort in the familiar. With a few years' distance between the present and a specific memory, we give ourselves enough room to assign it a new…
Electric Car Boom Drives Rush to Mining’s $90 Billion Heartland
A scramble by the lithium market’s biggest players to tie up supply of the high-tech metal is gathering pace in the 170-year-old heartland of Australia’s $90 billion…
Venezuela Official Reports Attack At Military Base, Arrests
Caracas, Venezuela (AP) -- Venezuelan ruling party chief Diosdado Cabello says Sunday that there was a "terrorist" attack at a military base controlled by troops loyal to…