Chinese imports of crude oil are set to drop to levels not seen since the pandemic, as the war in Iran reveals the extent to which demand has disappeared and may not be coming back. Inbound shipments could fall to an average of 10.9 million barrels a day this year,...

Apollo Global Management Inc. reaped returns of 18.3% last year for individual investors by largely betting on single companies that private equity firms want to hold longer or can’t sell — a strategy viewed by some investors as being relatively risky. The...

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...

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...

Oracle Corp. shares have fallen more than 50% from last year’s all-time high as investors concerned about the artificial intelligence trade and the company’s links to OpenAI flee the stock. The stock’s decline has erased about $463 billion in market value from a...

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...

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 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.”...

Wall Street ended a jittery week on a relatively quiet note, with stock traders digesting the rally of the past two days in the run-up to the Federal Reserve decision and the start of the big-tech earnings season. While the S&P 500 posted its first back-to-back...

The dollar notched its worst week since May, fueling gains in the yen and other global currencies after a week of unpredictable US policymaking that rattled financial markets. The Bloomberg Dollar Spot Index tumbled 0.7% on Friday and is down 1.6% on the week, its...

China opened the door for further yuan gains, as the central bank strengthened the daily reference rate by the most since August, pushing it past a closely watched level. The People’s Bank of China set the so-called fixing at 6.9929 per dollar on Friday, compared with...