Stacy Hoffman

(Bloomberg) – Investment firm EQT AB is strengthening its green agenda by attempting to acquire one of Sweden’s largest wind farm developers privately. This move follows previous investments by EQT in the renewable energy industry in both Europe and the United States as part of its strategy to benefit from the increasing electrification of…

SoftBank’s flagship tech investment arm, the Vision Fund, reported a surprise loss of ¥96.7 billion in the March quarter due to markdowns on valuations in its portfolio of hundreds of unlisted startups, including JD Logistics, Better Holdco, DingDong, and AutoStore Holdings. However, SoftBank as a whole posted a net income of ¥231.1 billion, compared…

In light of China’s recent surprising drop in credit demand, brokerage firms in the country have experienced difficulties in disseminating accurate information about the economy. Seven research reports from mainland brokerages and securities firms, published over the weekend by analysts, have disappeared from social media platforms such as WeChat. Analysts from companies like China…

Based on the latest data and forecasts, it appears that inflation pressures in the US economy remain elevated, as indicated by the increase in wholesale inflation in March and analyst predictions of further inflation in April. The Producer Price Index, which measures inflation at the wholesale level, is expected to rise from 2.1% in…

In response to Japan’s escalating debt burden and the subsequent weakening of the yen, Tokyo-listed Web3 infrastructure provider Metaplanet has chosen to adopt bitcoin as a strategic reserve asset. This move, announced on May 13, is a direct result of the persistent economic challenges facing Japan, including high levels of government debt, extended periods…

Due to a sharp decline in credit, China’s government and central bank are facing mounting pressure to take action. Last month marked the first time in nearly two decades that overall credit growth fell significantly, leaving both the government and central bank with few options. Local governments and private entities are already heavily indebted,…

According to recent developments, the Biden administration is set to announce 100% tariffs on electric vehicles imported from China, citing concerns over job losses and national security threats. This follows similar actions taken by former President Donald Trump, who implemented a 25% tariff on Chinese vehicle imports. The move comes as Chinese automaker BYD’s…

The emergence of low-priced electric vehicles (EVs) from Chinese automaker BYD poses a significant threat to the US auto industry, according to recent reports. While the Seagull, priced at around $12,000 in China, has gained traction outside of its home country, high import tariffs on Chinese vehicles have prevented its sale in the US.…

According to recent market trends, there is a growing belief that interest rates may not only stay high in the near future but potentially remain so permanently. This shift is largely due to the return of inflation, which has signaled the end of ultra-low interest rates. Financial markets indicate that U.S. interest rates could…

According to recent data from research provider Kepler Absolute Hedge, retail investors are withdrawing from Europe’s hedge fund industry due to lower asset under management, reaching an eight-year low. This trend can be attributed to higher interest rates and disappointing performance, causing smaller investors to seek better returns elsewhere. While UCITS funds, a type…