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Mobile location data may help save virus spread

Almost everyone these days carries a device that tracks their movements and shares that information with an array of companies. They may use it to offer everything from food deliveries and car rides to virtual monster hunts. It’s ironic, then, that we’re so reluctant to use the same capabilities to fight a pandemic that could kill millions. Thanks to the ...

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Hedge funds ask clients for fresh cash to buy the dip

Bloomberg First they lost money. Now hedge funds want clients to risk even more cash on the bets that caused the pain. LMR Partners, Citadel, Baupost Group and Capital Four Management are trying to persuade clients to inject money into their funds after taking a hit in the coronavirus-fuelled market turmoil. Capula Investment Management has had talks with some investors ...

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Taiwan rolls out its new trading system at the wrong time

Bloomberg Taiwan’s timing on rolling out a new stock trading system could have been better. Traders in Taipei starting on Monday will be able to trade stocks continuously, rather than through a five-second matched call auction that has been in place since 2014. It’s the only major capital market which runs such auctions throughout regular trading, said the Taiwan Stock ...

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