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NexAsia AM: Upbeat mood seen for Asian shares; PBOC weakens yuan

China's central bank, the PBOC, seems inspired by the IMF's recent assessment that its currency is undervalued...

Neuberger gives small hedgies to big investors

Small hedge funds have missed out on assets pouring into their larger brethren, but liquid alternatives give...

Why Lynn Tilton might be hopping mad about her ranking on the Forbes wealthiest...

  CNBC calls her a billionaire. So does ABC. And she certainly uses the label every chance possible....

Can you guess how many days the S&P 500 has gained 2% or more...

New York -- The S&P 500 hasn't gained more than 2% in a single trading session this...

Gross admits he didn’t benefit as much as he could have from ‘short of...

New York-- Mea culpa, says Bill Gross in his newest newsletter. I got it right, but I...

NexAmerica AM: FIFA officials charged with corruption; German exchange inks deal with China (UPDATED)

U.S. stock futures were rebounding Wednesday from the previous day's rout as concerns about Greece ebbed; European...

Chinese currency ‘no longer undervalued,’ says IMF

Thanks to a number of measures aimed at globalizing its currency, China appears to be moving closer...

NexAsia AM: HK top investment destination for rich Chinese; Asian shares seen flat to...

There's some good news for Hong Kong this Wednesday morning. A survey showed the former British colony still...

General Petraeus wants YOU to invest in KKR (corrected)

Former CIA director and U.S. General David Petraeus has found a new purpose for his military skills....

JP Morgan guilty plea in currency markets makes life tougher in asset management

JPMorgan Chase & Co. now has a felony record that could put its asset management unit in handcuffs. Pleading guilty...

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