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Tokyo: The global hedge fund industry lost $100 billion (around Rs4.9 trillion) of assets in October, according to an estimate from Eurekahedge Pte Ltd, as firms including Sparx Group Co. Ltd and Man Group Plc. were hammered by...
Pune: Following a slump in commercial vehicle sales, bus and truck maker Force Motors Ltd has postponed indefinitely its bus manufacturing joint venture with Europe’s third largest truck and bus manufacturer, Germany’s MAN...
Man Group said that funds under management slumped in the six months to Sept. 30 due to extreme moves in markets and the impact of foreign exchange, in another dose of bad news for the ailing hedge-fund industry.
Britain and Europe slashed interest rates on Thursday amid recession fears deepened by some of the worst U. S. retail sales in decades and an IMF forecast for an economic contraction not seen since the Second World War.
NEW YORK (Reuters) - Britain and Europe slashed interest rates on Thursday amid recession fears deepened by some of the worst U.S. retail sales in decades and an IMF forecast for an economic contraction not seen since World War...
