November Rally Weighs on Low-Volatility Funds
Investors are dumping strategies often tapped for protection-like exchange-traded funds promising lower volatility-the latest sign that they are embracing riskier assets once again.
Alibaba Racks Up Record Sales on World's Biggest Shopping Day
Alibaba reached a new sales milestone during China's Singles Day shopping festival, as the e-commerce giant sold 268.4 billion yuan ($38.3 billion) worth of goods, up 26% from its previous record of 213.5 billion yuan, or about $30.8 billion, set last year.
Dow Hits Record in Quiet Session
The Dow Jones Industrial Average finished at its ninth record close of the year as other major U.S. indexes drifted lower.
Boston Fed President Warns Central Banks Have Limited Tool Kits
Eric Rosengren warned on Monday many top central banks have a limited tool kit to deal with the next downturn, and added efforts to roll back regulations on banks may be exacerbating risks to the financial sector.
Brexit Party Gives Johnson an Election Boost
Britain's euroskeptic Brexit Party said it won't contest hundreds of Conservative Party-held districts in next month's U.K. election, boosting Prime Minister Boris Johnson's chances of re-election.
ICE, Oil Traders Team Up on New Mideast Crude Futures
Energy-markets giant Intercontinental Exchange will team up with Abu Dhabi's state oil producer and some of the world's biggest oil companies to launch a new futures exchange in the emirate.
Selloff in Complex Investments Flashes Warning for Junk Bonds
Some securities in the $680 billion market for collateralized loan obligations, or CLOs, lost about 5% in October, reflecting worries about rising risk in the complex investment vehicles.
Sustainable Funds Enjoy Record Inflows, Still Back Big Oil and Gas
Some of the biggest U.S. sustainable funds are invested in oil-and-gas companies, whose practices often have been attacked by environmental activists.
Hong Kong's Gravity-Defying Property Market Can't Walk on Air Forever
Hong Kong's commercial property market is already hurting from the months of unrest. The housing market will follow.
Bank Share Buybacks Are a Limited-Time Offer
Share buybacks worth a total of $4 billion offer a rare reason to get excited about Europe's beleaguered banking sector right now. Investors should enjoy the boost while it lasts.