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Time to short Japan’s ‘bad governance’ stocks, says hedge fund

BLOOMBERG The blistering rally in Japanese stocks has unfairly benefited companies that are flouting the bourse’s campaign to boost valuations, creating a major short opportunity, according to a top-performing hedge fund manager. Reform efforts have been touted as one reason for Japan’s world-beating gains this year, but even some “bad governance” companies have been riding the wave, according to Zuhair ...

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European stocks steady over diplomatic efforts by US, allies

BLOOMBERG European stocks pared early gains and were steady as traders weighed diplomatic efforts by the US and its allies to prevent further escalation of the Israel-Hamas conflict and braced for the start of earnings season. The Stoxx Europe 600 was little changed in London on Monday, with miners and energy stocks leading gains. Utilities fell and tech stocks also ...

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