Asia

Einhorn Says Markets ‘Fundamentally Broken’ By Passive, Quant Investing

Greenlight Capital was forced to shift its strategy as the growth of passive investing and algorithmic trading transformed markets, founder David Einhorn said. Read more...

China's Xi Urges 'Close Strategic Coordination' in Call With Putin

BEIJING (Reuters) - China's President Xi Jinping told Russian President Vladimir Putin that the two countries should pursue close strategic coordination and defend the...

China names a new stock regulator and reports new developer financing in a bid to soothe markets

BANGKOK -- Chinese shares rose Thursday as investors appeared to welcome Beijing's choice of an industry veteran to head its securities watchdog, in its...

ArcelorMittal expects 3-4% steel demand growth ex China this year

ArcelorMittal , , the world's second-largest steelmaker, said on Thursday it sees early signs the industry backdrop is improving, forecasting 3-4% growth in global...

China stocks close up after Beijing appoints new securities regulator

China shares closed up on Thursday after Beijing appointed a veteran regulator as the new securities watchdog head and policymakers took measures to stabilise...

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