Schonfeld, Balyasny, ExodusPoint Lag as Multi-Strat Funds Falter
Some of the largest multi-strategy hedge funds are lagging this year, as they struggle to keep up with other firms and their own past performance. #press
Biden Denies Containing China, Alibaba Shakeup, and More
Source: Bloomberg, 5:38 #press
Steamy Weather and a Too-Hot Economy: Your US Sunday Briefing
Get ready for the new week. #press
Alibaba’s Ex-CEO Zhang Quits as New Leadership Takes Helm
Alibaba Group Holding Ltd.’s former chief executive Daniel Zhang has resigned his post as head of its cloud business, completing his exit as new leadership takes the helm of China’s largest e-commerce company. #press
US Launches New Spy Satellites to Track Russian, Chinese Threats
The US Space Force conducted the first launch of a new constellation of early warning satellites designed to track Chinese or Russian spacecraft that could potentially disable or damage orbiting American systems. #press
Retirement-Age Cut Adds to Polish Bond Risks, ING Analyst Warns
The Polish ruling party’s promise to lower the age at which Poles can tap state pensions adds to the headwinds facing the country’s bonds, said Rafal Benecki, chief economist at ING Bank Slaski SA. #press
Biden: The US Is a Pacific Nation
President Joe Biden says, the "US is a pacific nation." He speaks in Hanoi. (Source: Bloomberg) #press
Vietnam Upgrades US Relations, G20 Wraps, and More
Source: Bloomberg, 4:26 #press
ETF Traders Are Pouring Cash Into EM’s Non-China Growth Engines
Traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world as China’s economy stumbles. #press
What’s Happening in EM: A Shakeup in ETFs Hits China (Podcast)
In this episode, Carolina Wilson and Sydney Maki discuss how traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world — just as China’s economy stumbles. #press
Powerful Earthquake Kills More Than 2,000 in Morocco
Moroccan authorities raced to rescue possible survivors after the most powerful earthquake to hit the kingdom in over a century killed more than 2,000 people. The 6.8 quake struck late Friday night. (Source: APTN) #press
Vietnam Air, Boeing Near $10 Billion Deal for 50 737 Maxes
Vietnam Airlines JSC will sign an initial agreement to buy about 50 Boeing Co. 737 Max jets in a deal valued at $10 billion, according to people familiar with the matter. #press
SpaceX Plans a Dublin Office As it Eyes Expansion: Sunday Times
SpaceX is set to open an office in Dublin in what would mark the first physical presence of the Elon Musk-founded space company in Europe, the Sunday Times reported. #press
New US-Vietnam Deal, Italy Eyes Belt and Road Exit, and More
Source: Bloomberg, 4:57 #press
Modi's Moment in India
India's Prime Minister Narendra Modi greets world leaders before a dinner at the Group of 20 summit.
(Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2023-09-10/modi-s-moment-in-india-video?utm_source=press.coop
Does D-Mannose Really Cure UTIs?
Hi folks, it’s Kristen in the Big Apple. This week, a reader asks about rumors that a supplement can fight UTIs. But before we talk about that... #press
Meloni Signals to China That Italy Plans to Exit Belt and Road
Giorgia Meloni privately signaled to Chinese Premier Li Qiang that Italy is planning to exit from an investment pact that has become a test of her nation’s relations with the US. #press
Afghanistan Is Fastest-Growing Maker of Methamphetamine, UN Says
ISLAMABAD (AP) — Afghanistan is the world’s fastest-growing maker of methamphetamine, a report from the United Nations drug agency said Sunday. The country is also a major opium producer and heroin source, even though the Taliban declared a war on narcotics after they... #press
More than 1,000 Dead in Morocco Quake, G20 News, and More
Source: Bloomberg, 4:48 #press
Apple, Infrastructure, and Amer Sports IPO (Podcast)
Source: Bloomberg, 58:52 #press
