Systematic hedge funds outperformed wider industry Those taking the most risk made the most money Long cocoa positions help lift returns investors LONDON, March 25 Reuters Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systematic strategies outperform their peers in the first quarter, according to industry players and […]

SINGAPORE, March 25 Reuters The dollar was on the front foot on Monday and kept the yen pinned near a multidecade low, though the threat of currency intervention from Japanese authorities prevented the greenback from heading further north. The yen was slightly higher on the day and last stood at 151.24 per dollar , having […]

Spot gold may fall into 2,1472,152oz range technicals Traders price in 74 chance of Fed rate cut in June Gold surged to alltime high last week March 25 Reuters Gold prices edged higher on Monday as renewed bets that the U.S. Federal Reserve would begin cutting interest rates in June and a softer dollar lifted […]

Stock ends trading at 50.44 per share IPO priced at top end of range March 21 Reuters Social media platform Reddit39;s shares ended their first day of trading in New York up 48, signaling that investor appetite for initial public offerings of promising yet lossmaking companies could be returning. Reddit, which has not turned an annual […]

BENGALURU, March 22 Reuters Indian shares were flat on Friday as a 3 tumble in IT stocks due to sector bellwether Accenture39;s revenue warning offset optimism around U.S. Federal Reserve rate cuts. The bluechip NSE Nifty 50 index was mostly flat at 22,032.90, while the BSE Sensex added 0.06 to 72,677.82, as of 1017 a.m. IST. On […]