Borrow cheap yen, invest in higher-yielding assets, pocket the spread: repeat with leverage.That simple idea, known as the yen carry trade, has fueled enormous profits for hedge funds and global investors for decades.But when market conditions shift, this strategy unravels spectacularly, wiping out positions and triggering cascading selloffs across global…
Europe’s had one of those days where everything feels a bit upside down.The OBR chief’s resignation, a rebound in…
The Nikkei 225 Index remained under pressure on Tuesday as market participants reacted to hints that the Bank of…
Government data indicated that India’s power output decreased for the second consecutive month in November. This decline was attributed…
Apple is reportedly not planing to comply with India’s decision to require smartphone makers to preload a state-run cyber…
Multinational retailer Costco has taken the unusual step of suing the US government to ensure it can recover import…
It’s always a bad sign when Japan makes headlines. That’s because the country used to sit quietly in the…
China’s factory sector unexpectedly slipped back into contraction in November, according to a private survey released Monday, signaling continued…
Australia, Asia and global macro sentiment opened the week on a cautious footing, with defence restructuring in Canberra, volatile…