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Hedge Funds Face Into Bank Turmoil With Epic Short Treasury Bets

Hedge funds supercharged bearish Treasury bets to historic levels just days before the US banking turmoil took a turn for the worse and spurred a stampede for…

Binance Restarts Withdrawals of Bitcoin After Second Halt

Binance restarted withdrawals of Bitcoin after citing congestion on the token’s blockchain for two halts in less than 12 hours, suspensions that weighed on…

Billionaire Sea CEO Declares 5% Raises in Strong Rebound Signal

Sea Ltd.’s billionaire founder declared a 5% pay increase for most employees starting July, sending a strong signal to investors he thinks the e-commerce and…

Chinese Bank Stocks Soar, Adding $166 Billion in Trading Frenzy

Chinese bank shares surged, with some posting their biggest one-day gains since the country’s 2015 equity bubble, after more lenders cut deposit rates and…

Oil Kicks Off Week Higher as Traders Look to Demand, Dollar Sags

Oil advanced as investors assessed a complex outlook for crude demand after a period of volatile trading and the dollar fell again. • None Biden Trails Trump…

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