Bloomberg The split screen views of US-listed Chinese stocks falling as the S&P 500 marches higher suggest that China’s pains are localised. That may be true, but one group of investors is not taking its chances. Hedge funds that make both bullish and bearish wagers on stocks are slashing their exposure to American companies that lean heavily on China for …

Bloomberg Blank-check companies could revive Singapore’s languishing market for initial public offerings as stock exchanges from Mumbai to Seoul profit from blockbuster deals. Singapore Exchange Ltd. this week presented rules for the listing of special purpose acquisition companies, or SPACs, as it attempts to get a slice of what has become a worldwide frenzy. It is allowing SPACs to list …

Bloomberg Oil in New York posted its second weekly gain as the impact of Hurricane Ida continues to snarl US oil production, though prices edged lower following a weak US jobs report. West Texas Intermediate futures capped a gain 0.8% for the week despite shedding 1%. The deceleration in hiring reflects growing fears of the delta variant of Covid-19 and …