Hedge Fund Investors Renew China Appetite as US Interest Wanes

A growing number of global investors plan to add money to China-focused hedge funds this year, a stark reversal from the stampede for the exit only three years ago, according to an annual survey by BNP Paribas SA. A net 14% of investors intend to channel more capital...

Waymo Probed After Robotaxi Hit Child Near Elementary School

US auto safety regulators are investigating a Waymo autonomous vehicle that struck a child near a school in Santa Monica, California, the second recent probe to examine the behavior of the Alphabet Inc. unit’s robotaxis near children. The vehicle collided at a low...

Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend

President Donald Trump’s relaxed tone about the dollar selloff is fueling speculation the US currency is at the start of a longer-term decline. The dollar suffered its deepest one-day drop since last year’s tariff rollout after Trump said on Tuesday he didn’t think...

Crypto Traders Flee to Prediction Bets After Crash

Not long ago, Nikshep Saravanan was deep in the crypto trenches — trading memecoins, reaching out to venture capitalists, and trying to launch a startup for digital creators. By January, he’d dropped it all. These days, he spends hours on prediction markets, tracking...

Goldman’s Risk Appetite Indicator at highest levels since 2021

Goldman Sachs analyst Andrea Ferrario told clients in a note on Tuesday that investor sentiment has surged to its strongest point in years, with the firm’s Risk Appetite Indicator rising to 1.09, the “highest level since 2021” and in the “98th percentile since 1991.”...