Why investors in emerging-market bonds are so attuned to political risk

PAULO GUEDES might not be your first-choice brother-in-law. He is a close adviser to Jair Bolsonaro, Brazil’s populist president-elect, who is wistful for military rule. But if you invest in emerging-market government bonds, Mr Guedes is the sort of person you might want as economy minister, the post he will take up on January 1st. […]

Investors betting against JD.com made $153 million after the company’s CEO was accused of sexual misconduct (JD)

REUTERS/Aly Song JD.com plunged after its CEO was detained in the US over a sexual-misconduct allegation. Short sellers made $ 153 million in profits from the stock decline, which saw shares fall 14% last week. Watch JD.com trade in real-time here. JD.com short sellers — or investors betting on the company’s stock to fall — made millions […]