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 News23 hours agoWest Coast Eagles draftee Josh Lindsay wants to carry on Troy Selwood’s legacy
-
Noosa News24 hours agoHunt for suspects after family’s pregnant horse found shot dead on rural Queensland property
-
General10 hours agoGrieving parents of 4yo boy who drowned in Officer suing Melbourne Water, Cardinia council
-
General18 hours agoFederal government backtracks on reducing default speed limits