Copper Crash Deepens as Recession Fears Dominate Metals Trading
Copper extended a sharp retreat after the economic bellwether suffered one of its worst days since the depths of the pandemic in 2020 on growing fears of a global recession.
Copper extended a sharp retreat after the economic bellwether suffered one of its worst days since the depths of the pandemic in 2020 on growing fears of a global recession.
Australia’s prime minister warned that the floods leaving large swaths of Sydney submerged are still dangerous and yet another wake-up call for urgent action on climate change.
BlueCrest Capital Management alumnus Mohit Khurana’s macro hedge fund returned an estimated 15% in the first half with winning bets on rising interest rates and diverging economic policies around the globe, said a person with knowledge of the matter.
The company that built India’s digital payments backbone plans to make it cheaper and easier for the nation’s 32 million expatriates to bring their money home.
China Investment Corp., the nation’s $1.2 trillion sovereign wealth fund, has lost two more directors, adding to a string of senior departures in recent years.
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