Asian hedge funds’ 2024 performance best in 15 years
By Summer Zhen HONG KONG (Reuters) – Asian hedge funds delivered their strongest returns in 15 years last year, capitalising on market volatility, winners in China’s wobbly economy and opportunities in artificial intelligence (AI). The HFRI Asia with Japan Index, which tracks
Geberit CEO expects stable, slightly positive US construction market ahead of Trump term
(Reuters) – Swiss plumbing products maker Geberit (SIX:GEBN) expects the construction market in the United States to be stable this year, Chief Executive Christian Buhl said on Thursday. “We expect a stable, slightly positive market in the U.S.,” Buhl
Europe’s STOXX 600 at five-week high as luxury firms, chipmakers jump
By Shashwat Chauhan (Reuters) – European shares advanced on Thursday, as heavyweight luxury stocks got a boost following Richemont (SIX:CFR)’s upbeat earnings update and semiconductor firms gained after Taiwan Semiconductor Manufacturing Co (TSMC) reported a record quarterly profit. The pan-European