BlackRock Warns Markets Not Appreciating Worsening Geopolitical Backdrop

The world's largest investment manager BlackRock warns of further deterioration in the geopolitical backdrop for financial markets in 2024 and says asset markets aren't fully appreciating the risks. 


 
Billionaire Howard Lutnick Is Taking On Exchange Giant CME

Cantor Fitzgerald's CEO previously helped transform the bond market. Now he plans to introduce a new market for interest-rate futures. 


 
Fed Review Clears Central Bank Officials of Violating Rules

The inspector general said personal investment rules for top policymakers failed to maintain public confidence in the central bank. 


 
Australia's Sovereign Wealth Fund Posts Rise in Assets, Says Rate Outlook Still Uncertain

Assets at Australia's sovereign-wealth fund rose to an all-time high in 2023 after markets rallied late in the year amid hopes that central banks would start cutting interest rates. 


 
Investors Fleeing China Are Going Big in Japan

Chinese retail investors are piling into Japanese shares as their own market flags-a sign of the times and a hint as to why Japanese stocks are doing so well. 


 
Is the Moment for Small-Cap Stocks Already Over?

The shares were among the biggest beneficiaries of rate-cut hopes. 


 
Australia Sanctions Russian Individual for Medibank Cyberattack

Australia has sanctioned a Russian individual for his role in a cyberattack on health insurer Medibank, the first time that Australia's cyber sanctions framework has been used, officials said. 


 
Charles Schwab Just Survived a Year From Hell. The Trouble Isn't Over Yet.

Executives said financial results should improve in the year ahead. Many employees, still stung by layoffs, remain uneasy. 


 
Financial Services Roundup: Market Talk

Find insights on the early read on earnings season, U.K. car loan mis-selling, Oatly Group, and more in the latest Market Talks covering Financial Services. 


 
FTX Must Appoint Watchdog to Probe Reasons for Its Collapse, Judges Say

A federal appeals court on Friday ruled that an independent examiner must be appointed to oversee FTX's ongoing bankruptcy to sort out what went wrong at the cryptocurrency exchange before it collapsed.


(END) Dow Jones Newswires

01-23-24 0015ET