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Stocks drop with US futures; Treasuries edge up with gold

Bloomberg US equity-index futures retreated alongside stocks in Europe as investors turned cautious in the countdown to major central bank meetings and a deadline for fresh American tariffs on Chinese goods. Treasuries gained with gold. Contracts for the three main US gauges all dropped as traders await news on whether Washington will go ahead with a planned December 15 tariff ...

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SoftBank likely to sell Alibaba stock to fund buyback

Bloomberg The slump in SoftBank Group Corp’s shares could prompt Masayoshi Son to play an ace card — cashing in part of his stake in Alibaba Group Holding Ltd. Son is likely to sell Alibaba stock to help pay for another buyback in an attempt to bolster SoftBank shares, according to Jefferies Group analyst Atul Goyal. It’s a surprise the ...

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Flows to India stock funds drop as investors hold back

Bloomberg Inflows into Indian equity funds shrunk to the lowest in more than three years last month after the record-hitting rally in stocks despite a faltering economy gave investors pause. Stock plans received 13.1 billion rupees ($184 million) in November, according to the Association of Mutual Funds in India. That compares with 60.2 billion received in October, and is the ...

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