Whenever Amazon. com Inc eyes expansion into a new industry, the stalwarts of that space shudder. A Reuters report that the e-commerce giant has been talking to insurers about introducing a price comparison website in the UK was no different. Incumbents Moneysupermarket.com Group Plc and GoCompare.com Group Plc fell as much as 4.7 percent and 10 percent respectively. But for ...

A number of hedge fund firms have a hot product. It’s not their hedge funds. Och-Ziff Capital Management’s investors withdrew $418 million from its hedge funds in the second quarter. Total inflow of assets under management, however, were $1.2 billion, its largest increase in assets in four years. The firm’s hot product: Collateralised loan obligations — a derivative debt investment ...

The trade dispute with the US hangs like an ax over China’s economy, but for the country’s real estate developers, it’s a boon. Onshore funding is opening up and the government is once again smiling on higher prices. Property investors should be doubly relieved: Beijing’s measures to rein in financial risk and cut developers’ access to debt have so far ...