Business and Finance

Investors flock to hedge funds, pushing assets to record high

Key Points Global hedge fund assets have hit an all-time high of almost $5.2 trillion Their coffers swelled by a record $642.8 billion in 2025 The most favored strategy type among investors was long/short equity Global hedge fund assets have hit an all-time high of almost $5.2 trillion after investors poured more money into the […]

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India to slash tariffs on cars to 40% in EU trade deal

Matthias Luehers, Head Region Overseas, Mercedes-Benz Cars and Martin Schwenk, MD and CEO, Mercedes-Benz India pose with Mercedes Benz A-class Limousine and the New GLA during Auto Expo 2020, on February 5, 2020, in Greater Noida, India. Pradeep Gaur | Mint | Getty Images India plans to slash tariffs on cars imported from the European

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China didn’t grab many headlines at Davos, but it’s the elephant in the room

Flags flutter during the 56th annual World Economic Forum (WEF) meeting, in Davos, Switzerland, January 19, 2026. Denis Balibouse | Reuters BEIJING — While high-profile world leaders in Davos last week opined on U.S. claims to Greenland, China’s envoy reiterated calls for cooperation. Businesses and analysts in China said the developments highlighted an opportunity for

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Nikkei 225, Hang Seng Index, Kospi, gold, Canada

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets traded mixed Monday as investors assessed ongoing geopolitical concerns. On Sunday stateside, Canadian Prime Minister Mark Carney said that his country has no intention of pursuing a free trade agreement with China, after U.S. President Donald Trump threatened to impose

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A global markets correction may be coming, warn veterans

The global stock market rally may be running on borrowed time after a blistering momentum in 2025, with veterans warning that the odds of a correction are rising as stretched valuations collide with mounting geopolitical and policy risks. Equities entered 2026 on a steady footing after a robust year. The MSCI All Country World Index

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Japan PM vows to act against speculative market moves after yen spike

Japanese Prime Minister Sanae Takaichi said on Sunday her government will take necessary steps against speculative market moves, in the wake of a yen spike that heightened traders’ alert over the chance of currency intervention. Japanese government bonds and the yen have sold off in recent weeks on concern Takaichi’s expansionary fiscal policy and the

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Russian strike leaves 1,700 buildings still without heat

Around 1,700 apartment buildings in the Ukrainian capital Kyiv were still without heating following a Russian missile and drone attack earlier this week, Kyiv Mayor Vitalii Klitschko said on Sunday. Moscow has sharply intensified bombardments of Ukraine’s energy system since it invaded its neighbor in 2022. Russia launched a vast attack on Ukraine’s energy system

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