September 22, 2024

Category: Markets

Volatility, thy name (probably isn’t) leveraged ETF
 #NewsMarket
Markets

Volatility, thy name (probably isn’t) leveraged ETF #NewsMarket

CashNews.co Markets have been choppier lately, and once again some people think leveraged ETFs are exacerbating it. After all, even the Bank of England thinks they might be a bit dangerous. Robin might not be blaming them, but he’s not a fan either. And he reckons the leveraged Microstrategy ETF launched last month might be […]

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Ex-Glencore executives appear in court on corruption charges
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Markets

Ex-Glencore executives appear in court on corruption charges #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Glencore’s billionaire ex-head of oil and five other former executives appeared in a London court for the first time to face corruption charges over the UK-listed commodity trader’s business in Africa. Alex Beard, 57, […]

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Alibaba will get a boost from China’s mainland traders
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Markets

Alibaba will get a boost from China’s mainland traders #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s largest ecommerce group has been one of the worst performing stocks in the region in recent years. But up until its 2020 peak, there were long stretches where Alibaba stock delivered handsomely for […]

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Javier Milei’s tax amnesty lures Argentines to declare hidden millions
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Markets

Javier Milei’s tax amnesty lures Argentines to declare hidden millions #NewsMarket

CashNews.co Argentines are declaring hundreds of millions of dollars of previously hidden savings in a tax amnesty that libertarian President Javier Milei hopes will boost the country’s moribund economy and scarce foreign exchange reserves. Private deposits in dollars into Argentina’s banks are accelerating ahead of the scheme’s first-phase deadline on September 30, although data has […]

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