Articles

  • 2 weeks ago | reuters.com | Patturaja Murugaboopathy

    Assets held in crypto funds hit a record high in May as easing trade tensions lifted risk appetite and some investors used the digital currencies to hedge against market volatility and diversify from their U.S. holdings.

  • 3 weeks ago | usnews.com | Patturaja Murugaboopathy |Amanda Cooper

    (Reuters) -Tesla is the worst-performing large-cap stock this year, thanks to declining electric vehicle demand, Chief Executive Elon Musk's political controversies over his ties to far-right groups, and now, his public feud with President Donald Trump.

  • 1 month ago | reuters.com | Patturaja Murugaboopathy |Jiaxing Li

    May 29 (Reuters) - Governments in Asia and Europe are raising far less debt in U.S. dollars than usual, preferring to issue at home as they avoid exposure to rising U.S. yields, currency volatility and broader concerns about U.S. government finances. According to Dealogic data, issuance of dollar bonds by non-U.S. sovereigns dropped 19% to $86.2 billion in the first five months of this year compared with the same period last year, marking the first decline in three years. Sign up here.

  • 1 month ago | dealstreetasia.com | Patturaja Murugaboopathy

    Global equity funds have seen weekly outflows for the first time in six weeks, pressured by rising U.S. Treasury yields and mounting concerns over the U.S. debt burden and tax-cut legislation, following Moody’s downgrade of the U.S. sovereign credit rating. According to LSEG Lipper, global equity funds saw $9.4 billion in net outflows, a sharp reversal from more than $20 billion in inflows the previous week.

  • 1 month ago | kfgo.com | Patturaja Murugaboopathy

    (Reuters) -U.S. equity funds saw huge outflows in the week ended May 21, as Treasury yields surged on fears President Donald Trump’s proposed tax-cut bill could add trillions to U.S. debt if passed by Congress. According to LSEG Lipper data, investors withdrew a net $11 billion from U.S. equity funds, reversing $13.6 billion in inflows the previous week.

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