Investments

Why China's COVID policies are rattling investors again

Why China’s COVID policies are rattling investors again

Investors in China-related assets who had expected a significant easing of COVID restrictions were disappointed this week as the country battles the worst wave of cases since the outbreak in Shanghai earlier this year. China-related ETFs fell this week, with shares of the iShares MSCI China MCHI ETF, -1.82% lose 3.4%. The KraneShares CSI China …

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Crypto Investor DCG Reveals Network of Investments Between Units

Crypto Investor DCG Reveals Network of Investments Between Units

Crypto conglomerate Digital Currency Group has used funds borrowed from its struggling Genesis unit to invest in the products of another subsidiary, underscoring the delicate ties between billionaire Barry Silbert’s empire. Silbert wrote to shareholders on Tuesday explaining that DCG had borrowed $575 million from its broker Genesis, which is now seeking funds to stave …

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