Trading Ideas

NEW YORK/SINGAPORE (Reuters) – Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world’s biggest oil producer, sanctions that crippled crude exports of two OPEC members and gigantic supply cuts from big oil producing countries. The price gains in crude oil benchmarks were all in the first quarter of 2019, even as the next several months featured supply shocks that in the past would probably have propelled crude past the $100 mark. Prices are likely to remain rangebound in 2020 as …read more […]

(Bloomberg) — The Chinese scientist who created the world’s first genetically altered babies has been sentenced to three years in prison and a lifelong ban from working in reproductive technology, state media reported on Monday.He Jiankui, a Shenzhen researcher who drew widespread condemnation when he revealed his experiment last year, will also have to pay a 3 million yuan ($430,000) fine, said a report from Xinhua News Agency, citing the verdict of a court in the southern Chinese city.Rogue Chinese Scientist Regrets Not Being Transparent, Peer SaysTwo others who assisted him were also sentenced. Zhang Renli, a researcher at the …read more […]

With interest rates locked in at rock-bottom levels courtesy of the Federal Reserve’s easy-money policy after the financial crisis, companies found it cheaper than ever to tap the corporate bond market to load up on cash. Bond issuance by American companies topped $1 trillion in each year of the decade that began on Jan. 1, 2010, and ends on Tuesday at midnight, an unmatched run, according to SIFMA, the securities industry trade group. In all, corporate bond debt outstanding rocketed more than 50% and will soon top $10 trillion, versus about $6 trillion at the end of the …read more […]

What do you do when daily stock market gyrations all but dry up? Among the myriad Wall Street legacies of the soon-ending 2010s has been the emergence of market volatility – or the magnitude of security price swings over short time spans – as an asset class unto itself. …read more […]

Porsche offers a slew of courses, or experiences, at its Porsche Experience Center in Atlanta, as well as a new facility out in Los Angeles. I decided to take the Porsche 911 GT3 experience for a spin. …read more […]

From iPhone maker Apple to software giant Microsoft to e-commerce titan Amazon, here are 20 stocks that analysts are bullish on in 2020. …read more […]

(Bloomberg) — Indian stocks rose as investors watched for signs that a rally could broaden out beyond a handful of large companies.The S&P BSE Sensex climbed 0.2% to 41,656.4 as of 9:56 a.m. in Mumbai. The NSE Nifty 50 Index also advanced 0.2%. While the Sensex has recovered from a mid-year slump to deliver a roughly 16% return in 2019, the S&P BSE Midcap Index is down about 3%.Investors have continued to prize perceived “high-quality” stocks of established companies that dominate their own industries, as they are regarded as safer bets at a time when India’s economy is growing at …read more […]

Dec.29 — Andy Wong, fund manager at LW Asset Management, discusses his asset allocation and hit outlook for markets. He speaks on “Bloomberg Markets: Asia.” …read more […]

Dec.29 — Andy Wong, fund manager at LW Asset Management, discusses his asset allocation and hit outlook for markets. He speaks on “Bloomberg Markets: Asia.” …read more […]

Dec.29 — China is expanding its generic drug-procurement program to include an additional 33 drugs, pitting domestic and international drugmakers in a price war that could see Chinese players dominate. Meanwhile, a newly approved Chinese drug for Alzheimer’s will start clinical trials in the U.S. and Europe next year as the country’s first novel therapy for the incurable disease seeks global legitimacy. Rachel Chang reports on “Bloomberg Markets: China Open.” …read more […]

Tesla has started delivering Model 3 electric cars built at its Shanghai factory in just under a year since it began work on the $2 billion plant, setting a record for global automakers in China, and said it would ramp up deliveries from next month. The U.S. electric vehicle maker marked the start with an event on Monday where 15 Tesla employees received cars they had purchased, one who whom took the opportunity to propose to his girlfriend after receiving his new set of wheels. The Shanghai plant, up and running in 357 days, is part of Tesla’s …read more […]

U.S. electric vehicle maker Tesla Inc on Monday began delivering Model 3 vehicles built at its Shanghai factory, marking the occasion with a ceremony during which 15 of its employees received cars they had purchased. The event means the plant has started delivering cars to customers just 357 days after the factory’s construction started, setting a new record for global automakers in China. The China-made cars are priced at 355,800 yuan ($50,000) before subsidies and Tesla had said it wanted to start deliveries before the Lunar New Year beginning on Jan. 25. …read more […]

Dec.29 — William Ma, partner and co-chief investment officer of Gopher Asset Management, talks about the outlook for Chinese stocks. He speaks with David Ingles and Selina Wang on “Bloomberg Markets: China Open.” …read more […]

Dec.29 — Grab is teaming up with Singtel to apply for a full digital banking license, jumping aboard a Singapore government initiative to attract tech firms into its financial sector. Bloomberg’s Edwin Chan speaks with Paul Allen on “Bloomberg Daybreak: Asia.” …read more […]

The doctor is accusing Apple of incorporating features of his patented technology on the Apple Watch’s heart-monitoring app. …read more […]