Hedge funds’ correlation with stocks sparks fears over lack of crash protection
Correlation with equity benchmarks hits highest in at least five years, raising concerns over performance during downturns
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Europe needs to put its money where its mouth is
Tussles over what to put on euro banknotes are symbolic of deeper dysfunction
Emerging markets make roaring start to 2026 as dollar slides
Stocks, bonds and currencies have all soared as dollar weakness puts focus on fundamentals
Indonesia’s stock exchange head resigns after market turmoil
Iman Rachman steps down after Jakarta Composite tumbled as much as 16% in 2 days
Trump says he will announce a replacement for Powell as Fed chair Friday morning
President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
HSBC targets Hong Kong IPOs after missing out on listings boom
Lender ‘maniacally focused’ on rebuilding its investment bank in one of its home markets