Tech Turmoil
The loss almost wiped out the fund’s 48 per cent gain in 2020. It represented a setback for the firm that raised about $US900 million from investors in 2021 looking to profit from a wider performance gaps of stocks. , people with knowledge of the matter said. Former prolific issuers China Evergrande Group and Kaisa Group Holdings roiled the markets for months before defaulting on debt obligations.CloudAlpha Master Fund ended a volatile year down 24 per cent, after losing 25 per cent in December, according to an update sent to investors.
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ANZ predicts a return to debt markets in 2022The bank’s markets team has tipped more activity in debt capital markets this year So selling debts to other companies that have different rules for defaulting etc?
Source: FinancialReview - 🏆 2. / 90 Read more »
University’s wild list of banned wordsA university has published a list of not-to-be-used words which as well as obvious suggestions also lists “grandfather,” “minority.” and even “red”. ... well that's just 'double plus ungood' Orwell That's going to save the HeraldSun a lot of money in ink, they would just about have nothing to say What a disgusting WOKE decision … grandfather banned ? Ffs… !!
Source: theheraldsun - 🏆 17. / 59 Read more »
ASX dips after global markets slump; Fortescue acquires Williams Advanced EngineeringAustralian shares fall in early trading, tracking a lower finish on Wall Street, amid fears of inflation and policy tightening by the US Federal Reserve.
Source: abcnews - 🏆 5. / 83 Read more »
Wild week rocks key industryThe value of Australia’s coalminers has rattled around violently as investors weigh sky-high commodity prices and strong demand against a wet Queensland summer and corona-fuelled supply chain woes.
Source: newscomauHQ - 🏆 9. / 77 Read more »
Australian Open 2022 | Why the tennis is better than the races in Melbourne | escape.com.auOnce upon a time, the Spring Racing Carnival was *the* social sporting event to attend in Melbourne. But the tide has turned. This is why tennis is the new races. Tennis? Maybe because it's the only event to go ahead during the pandemic with crowds? Or were there no crowds last year? Spring carnival has been crowdless 2 years now. It's a fantastic event.
Source: theheraldsun - 🏆 17. / 59 Read more »