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As Tech Stocks Rebound, High Hedging Costs Indicate Skepticism

(Bloomberg) -- The recent rebound in US tech stocks isn’t convincing options traders just yet. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitWhile the shares have led market gains since a meltdown earlier this month, the cost of contrac

Waning Demand Set to Hit Breakneck Rally in India’s Auto Stocks

(Bloomberg) -- A sizzling rally in India’s auto shares is reversing as a build up of unsold vehicles and growing discounts by carmakers pressure profit margins.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitIndia’s NSE Nifty Auto Index i

New Zealand Population Growth Slows Further on Economic Weakness

(Bloomberg) -- New Zealand’s population growth slowed further in the second quarter as the pace of immigration wanes and more citizens look overseas for job opportunities and better wages.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitTh

Stock Winners and Losers in Indonesia’s $230 Billion Budget Plan

(Bloomberg) -- Indonesia’s 3.6 quadrillion rupiah ($230 billion) budget for next year will prop up consumer, food and health-care stocks as President-elect Prabowo Subianto is set to take office.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public Tr