Hints and tips:
...The S&P 500 experienced its sharpest decline since the middle of February and US government bonds also rose as investors sought safe-haven assets....
...Job moves LG Energy Solution, Korea’s largest battery maker, appointed president Kim Dong-myung as chief executive on Wednesday, replacing Kwon Young-soo....
...Ohsung Kwon and his team at Bank of America point out that the pace of margin decline has slowed....
...“Over the past couple of years, investors started to look at tech as the new defensive sector as they were relatively immune and even benefited from the Covid downturn” said Kwon....
...Do Kwon, the crypto entrepreneur behind terraUSD and luna digital, was charged last night in the US with fraud....
...But as one Seoul-based crypto industry insider told the FT, he’s now famous to the world over just for being an “arrogant p***k”....
...The swath of problems listed by Snap’s CEO triggered a more broad-based sell-off, with the S&P 500 down 2 per cent on Wall Street and the tech-heavy Nasdaq falling nearly 3 per cent....
...Second, the account apparently made a “fat finger” error — withdrawing $100 million from Anchor when they meant to withdraw $10 million from Anchor, on April 25 p....
...“Value managers tended to be overweight in energy and financial stocks which both did very well in 2021,” said Kwon....
...Fraud is alleged, though denied by company founder Do Kwon....
...A: Do Kwon “War is the ultimate Supreme Court.” A: Elon Musk “The FT is not a pro-business paper. It’s not a pro-Tory paper....
...For now, stock pickers can gain comfort that the correlation between stocks in the S&P 500 is below its long-term average, BofA’s Kwon said....
...US insurers have faced the challenge of low rates before, says Professor W Jean Kwon of St John’s University in New York, pointing to the 1940s....
...A team of S&P Global Ratings analysts, led by Lawrence Lu, issued a statement saying Wuhan’s “high debt leverage and losses may burden the combined group”....
...(Reuters) “J.P. Morgan Chase has hired International Monetary Fund official Anoop Singh for a new role as head of regulatory strategy in Asia....
...Vietnam however fell into contraction while Indonesia also reported a lower figure. http://on.wsj.com/YOlQ63 S Korea financial regulator to tighten grip Kwon Hyeok-se, governor of the Financial Supervisory...
...After the market close, Samsung announced the appointment of Kwon Oh-hyun, former head of its component business, as the new chief executive....
...“The price has gone up a lot, so we tend to use more short-dated, even knowing that it doesn’t match the liability perfectly,” says Sonin Kwon, director of equity risk hedging at MassMutual....
...The S&P 500 index is down 0.1 per cent, and US two-year Treasury bond yields again hit record lows as investors demand “safe haven” assets....
International Edition