Global Investment

Global Investment

Playing it safe.Bloomberg

Finally, there's more money than fools in China

Investors have become risk averse, shunning the markets in favor of bank deposits.

Digital City, Riyadh, where the headquarters of Saudi Arabia’s sovereign wealth fund (PIF) is located. Photographer: Fayez Nureldine/AFP

The new bankers to the world aren't on Wall Street

A staff member of the foreign exchange trading company Gaitame.com watches a monitor displaying a graph of the Japanese yen exchange rate against the U.S. dollar after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen, at its dealing room in Tokyo, Japan September 22, 2022. REUTERS/Kim Kyung-Hoon/File Photo

After feverish week, global investors lick wounds and brace for more chaos

Illustration: Nicole Shinn For Bloomberg Businessweek

A wild, emotional year has changed investing - maybe forever