Bloomberg Digital Currency Group, the struggling crypto empire whose Genesis Global Capital lending unit is trying to stave off bankruptcy, said it’s suspending quarterly dividends to preserve cash. The move comes as the group focuses on “strengthening our balance sheet by reducing operating expenses and preserving liquidity,” according to a letter to shareholders.

  Bloomberg JPMorgan Chase & Co. strategist Marko Kolanovic reiterated that he sees downside risk for the stock market in the first quarter, with the bank reducing its recommended equity allocation once again due to fears of a recession and central bank overtightening. The bank strengthened its underweight call for equities broadly and in the euro area specifically, given the ...

  Bloomberg Chinese equities will outperform global peers in the first half of this year, according to Carrhae Capital LLP, which is betting on the nation’s reopening after its emerging-market hedge fund beat peers last year. “We have entered the year with a very bullish stance on China and on the margin we have been taking profits,” Ali Akay, Carrhae ...