Hedge funds clinch best first half since 2009 as activist strategies, stock bets pay off
Strong, widespread gains in June catapulted hedge funds to their best start to a calendar year in a decade as equity bets paid off.
Strong, widespread gains in June catapulted hedge funds to their best start to a calendar year in a decade as equity bets paid off.
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He and Minister Zhong Shan on Tuesday to continue negotiations to resolve outstanding trade issues, a U.S. official said.
Mark Nordlicht, the founder of defunct hedge fund firm Platinum Partners, was found guilty on Tuesday of defrauding bondholders of an oil exploration company Platinum controlled, but cleared of charges that he defrauded investors in Platinum's hedge funds.
Japan denied imposing a trade embargo on South Korea on Tuesday, after a complicated diplomatic dispute that could disrupt global supplies of chips and smartphones erupted over forced labor in World War Two and banned trade with North Korea.
U.S. stocks were near flat on Tuesday as gains in internet shares were offset by fresh warnings from companies about the impact of the U.S.-China trade dispute on earnings.
A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings and hopes dwindled over a hefty U.S. interest rate cut, while Mexico's peso tumbled after the country's finance minister resigned.
The Trump administration will exempt 110 Chinese products, from medical equipment to key capacitors, from hefty tariffs, it said on Tuesday, offering relief to some U.S. firms which have said the taxes harm their bottom lines.
Airbus confirmed on Tuesday that its deliveries rose by 28% in the first half of the year, putting it ahead of Boeing for the first time in eight years as the U.S. planemaker sees no immediate end to the grounding of its 737 MAX.
U.S. and Chinese negotiators spoke by phone on Tuesday, continuing discussions to end a trade battle between the world's two largest economies that has upended global supply chains and roiled financial markets.
Japan and South Korea raised the stakes on Tuesday in a dispute that threatens to disrupt global supplies of smartphones and chips, with South Korea denouncing Japanese reports that it had transferred a sensitive chemical to North Korea.
"RAIDA is ideal for any enterprise exploring blockchain but disheartened by blockchain's shortcomings. RAIDA is more scalable, faster, more secure, more affordable and more eco-friendly."
The post RAIDAtech on TruCrowd appeared first on Crowditz.
International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp up its cloud computing business.
"guru.club allows brands to receive authentic word-of-mouth advertising, valuable feedback from customers (first-party data), and user-generated content at scale for a fraction of their current costs. A members-only marketplace, guru.club allows pre-approved shoppers to buy products and post Instagram posts and stories of them in exchange for cash back rebates and store credit."
The post Guru.Club on NetCapital appeared first on Crowditz.
A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings, while Mexico's peso tumbled after the country's finance minister resigned.
Wimbledon's Centre Court is the property of the All England Club, but on Tuesday it belonged to Serena Williams.