Business
ASX rises; Woolworths falls despite sales growth – afr.com
The Australian sharemarket has opened higher; Federal Reserve holds firm on interest rates, sees less economic risks; Newcrest improves costs, on track for guidance;…
Shanghai Minghong Investment Management, Chinas largest quant hedge fund until recently, said its performance recovered after earlier losses led to the biggest redemptions in its seven-year history.
After dropping 27 per cent in the first quarter, the offshore funds net asset value stayed largely unchanged this month through April 28, founder Qiu Huiming said in a phone interview from Shanghai. The improvement came after adjustments to its trading model last month, he added.
Minghong isnt new to…
-
Noosa News22 hours agoTributes for woman allegedly mowed down on footpath in Maroochydore; Guilherme Dal Bo charged
-
General19 hours agoMan refused bail charged with depicting Adolf Hitler and Nazi symbols on boat
-
General15 hours agoTwo people arrested after man fatally shot at McLaren Flat
-
General13 hours agoWarner Bros Discovery board rejects rival $163bn bid from Paramount