Star Hedge-Fund Manager Suffers Rare Setback

An Asian hedge-fund firm with a strong record has experienced a surprising loss from a small fund that made mistimed bets on stocks and currencies. The fund managed by Danny Yong’s Singapore-based Dymon Asia Capital…

Big Oil’s Flood of Cash Underwhelms Investors

Soaring crude prices have put the oil industry on track to churn out huge cash piles this year. Even so, investors aren’t buying it. Literally. The world’s six largest Western energy companies—Exxon Mobil Corp., Chevron…