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Business 12 Jan 2021 | 7:00 AM

Hedge funds head for cover as dollar rebound gathers pace

NEW YORK: The US dollar rebound is picking up pace, with signs that speculative traders are busy covering short positions after US Treasury yields surged.

Business 07 Dec 2020 | 7:00 AM

Stock supply glut looming

NEW YORK: Voracious cash appetite among virus-strapped companies and a battered economy that makes buybacks tough to justify are warping supply and demand dynamics in the stock market, something for bulls to worry about heading into year-end.