Bloomberg The race to be Southeast Asia’s best-performing currency in 2023 looks like being between the Thai baht and Singapore dollar. The baht is set to be powered by an influx in Chinese tourists after the mainland rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. The mainland is ...

  Bloomberg Wells Fargo & Co nabbed a spot among the top 10 advisers on mergers and acquisitions last year, a first for the firm as it ramps up its investment bank under Chief Executive Officer Charlie Scharf. The bank ranked eighth in 2022, more than tripling its market share from the prior year and pulling off an increase in ...

  Bloomberg After the biggest loss for 60/40 portfolios since the global financial crisis, better days may lie ahead for the trillion-dollar complex of balanced investment strategies. Amid optimism that inflation has peaked, more than 60% of 610 respondents to the latest MLIV Pulse survey are betting stocks and bonds will move in opposite directions this year — re-establishing a ...