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    Bloomberg

    DWS Shares Drop on Profit Miss Even as Assets Jump to Record

    (Bloomberg) -- The shares of DWS Group, the investment arm of Deutsche Bank AG, slumped the most in a week after its first-quarter pretax profit fell short of estimates even as inflows pushed assets under management to a record.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsTaylor Swift Is Proof That How We Cri

  • Business
    Bloomberg

    South Korea Unveils Details of Short-Selling Monitoring System to Spot Illegal Trades

    (Bloomberg) -- South Korea is developing a platform to monitor short-selling that can help identify illegal transactions, a crucial step for the government to reintroduce the trading strategy. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenBHP Makes Take

  • Business
    Bloomberg

    H2O to Offer Millions to Irate Clients in Bid to Dodge a UK Fine

    (Bloomberg) -- H2O Asset Management is seeking to avoid a UK fine by offering payoffs to irate clients who have been prevented since 2020 from accessing investments that were then worth about €1.6 billion ($1.7 billion).Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsTaylor Swift Is Proof That How We Critique Mu

  • Business
    Reuters

    Analysis-BHP's proposed bid for Anglo American is a big bet on copper

    BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a scramble for mining assets as a bullish demand outlook and tight supply for a mineral crucial to the energy transition sends prices to multi-year highs. "The energy transition is only just getting started, and if electricity is the lifeblood of this revolution, copper is the veins and arteries," said Peter Arkell, chairman of the Global Mining Association of China (GMAC).