D Jack
Commodity giant ADM must act fast to restore trust
ADM has so far provided limited information about the accounting problem. Still, we can draw a few tentative conclusions:Sell-off appears excessiveFirst, the company has...
Is Sam Altman Entering The Chip Business?
OpenAI CEO Sam AltmanGetty Images
Sam Altman made news again, with reporting from the Financial Times that the OpenAI CEO is engaged in discussions with...
Singapore hedge fund Asia Genesis shuts after ‘big mistake’ on China...
SINGAPORE – Singapore hedge fund Asia Genesis Asset Management is closing its macro fund after suffering an “unprecedented drawdown” following China’s stock market rout...
Hedge Fund Asia Genesis Shuts After ‘Big Mistake’ on China
(Bloomberg) -- Singapore hedge fund Asia Genesis Asset Management Pte is closing its macro fund after suffering an “unprecedented drawdown” following China’s stock market...
AC Ventures closes its new $210M Indonesia-focused fund
Image Credits: AC VenturesIn the middle of a long funding winter, AC Ventures’ latest news will give Southeast Asian startups hope.
The Jakarta, Indonesia-based venture...
ADM Probe Highlights Struggle to Expand Beyond Commodity Trading
(Bloomberg) -- On a recent flying visit to Archer-Daniels—Midland’s European base, the company’s Chief Financial Officer Vikram Luthar had a pessimistic message to deliver.Most...
JPMorgan boosts its 2024 projections for Fed rate cuts, gold investment
(Kitco News) - Gold prices are continuing to hold above $2,000 per ounce in the new year, and the precious metal will benefit from...
Founder-led European tech investor Plural raises new €400mn fund
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Plural, a tech investment firm led...
Loan rates, commodity prices may reduce ‘24 farm incomes
STARKVILLE, Miss. -- Producers should anticipate tighter profit margins in 2024 as agricultural commodity prices decrease and financing costs climb. However, experts expect...