January
Biden awards 18 medals, and delivers one unmistakable message
Recipients of the Presidential Medal of Freedom included some of the brightest lights of the old guard that Donald Trump has said he wants to tear down.
December 2024
This market guru learnt from Buffett and Soros. These are his big bets
Kiril Sokoloff has been calling market turning points for half a century. While he’s looking for his next big prediction, here are three of his current picks.
November 2024
How a George Soros protege became Trump’s top economic pick
Once a big Democratic donor, hedge fund investor Scott Bessent predicted last year that the Republican’s political fortunes were on the rise.
Inside Musk’s first bitter fight with Trump
Scott Bessent prevailed as the top nominee for Treasury secretary after a fierce battle for influence inside the president-elect’s court.
Trump picks Scott Bessent as Treasury secretary
The fund manager, tariff supporter and crypto enthusiast will be tasked with implementing the president-elect’s pledges to cut taxes and raise tariffs
July 2024
‘Weird’ J.D. Vance sparks Republican alarm after bruising week
Contentious comments about “childless cat ladies” by Donald Trump’s vice-presidential pick have led to a barrage of criticism.
February 2024
Biden beats Trump in million-dollar money wars
Joe Biden has more money to spend in the US election campaign than his likely rival Donald Trump, the latest Federal Electoral Commission filings show.
November 2023
Billionaire Koch backs Nikki Haley to beat Trump
Support of the well-funded super political action committee will help the former UN ambassador in the race for the US presidential nomination.
IBM pulls ads after Musk supports antisemitic post
X employees are grappling with what to tell advertisers after Elon Musk’s comments that were seen as antisemitic.
October 2023
Biden must keep a seething Netanyahu in check
The temptation is to offer Israel’s leader unconditional support, but it would be wiser to try to break the cycle of violence in the region.
August 2023
Adani shares slide after hidden investor revelations
The media reports exposed opaque offshore structures that shielded some of the Indian group’s largest shareholders from public sight.
August 2023
‘Only so much alpha in the world’: hedge funds face a reckoning
The multi-manager model has generated years of exceptional returns. But rising interest rates and a brutal battle for talent are now taking their toll.
Soros foundation cuts EU funding as nationalist groups surge
The decision follows more than a decade of attacks from right-wing groups against George Soros, a 93-year-old Hungarian-born Jew who survived the Holocaust.
July 2023
British billionaire Joe Lewis charged in the US with insider trading
The Tottenham Hotspur owner and major shareholder in Australian Agricultural Company is accused of tipping off employees, associates, friends and romantic interests.
June 2023
George Soros hands control of $37b empire to his ‘more political’ son
Alex Soros, 37, who will now run his billionaire father’s Open Society Foundations, said he was concerned about Donald Trump’s potential White House run.
April 2023
Why Trump is certain to win in court of public opinion
The New York indictment is an extraordinary moment for the former president – and for American justice.
December 2022
These old-fashioned hedge funds are cashing in like it’s the GFC
Global stocks have dropped 20 per cent this year, while bonds have delivered their biggest declines in decades. But hedge funds that can bet against bonds or treat currencies as an asset class have leapt ahead.
September 2022
Hedge fund co-founder Neil Phillips charged with market manipulation
Phillips, 52, was arrested in Spain on a request from the US earlier this week.
August 2022
Soros reloads on big tech with Amazon, Google and new Tesla bet
George Soros’ investment firm bolstered its stakes in Amazon, Salesforce and Alphabet among other large technology companies.
June 2022
Citigroup’s $US1b family office clients profit from wild markets
They are taking “big positions” across all asset classes, including fixed-income and foreign exchange, to take “advantage of the volatility”, says an executive.