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☆ Israeli regulators are looking into unusual trading prior to October 7 attack
▼ + stars: | 2023-12-05 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Regulators in Israel are aware of and reviewing research that suggests some unknown traders may have had advance knowledge of the October 7th Hamas attacks. “This subject is known and is being thoroughly checked,” Sivan Carmon, a spokesperson for the Israel Securities Authority, told CNN in a statement on Tuesday. The ISA, the Israeli equivalent of the US Securities and Exchange Commission, is charged with fighting securities fraud, insider trading and other market abuse. Experts urged regulators to investigate the matter, including by looking at nonpublic market data that researchers did not have access to. “Of course, that’s quite different from trading based on inside knowledge of terrorist attacks,” Whitehead said.

Persons: ” Sivan Carmon, hasn’t, Yaniv Pagot, ” Pagot, ” Charles Whitehead, Whitehead, ” Whitehead, ” – CNN’s Gayle Harrington Organizations: CNN, Regulators, Israel Securities Authority, Columbia University, New York University, ISA, US Securities and Exchange Commission, Industry Regulatory Authority, Israel, Fund, Tel Aviv Stock Exchange, Bank Leumi, Cornell Law School Locations: Israel, Gaza, San Francisco

☆ Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attack
▼ + stars: | 2023-12-05 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

JERUSALEM, Dec 5 (Reuters) - The Tel Aviv Stock Exchange said on Tuesday that a report by U.S. researchers suggesting there were investors in Israel who may have profited from prior knowledge of Hamas' Oct. 7 attack was inaccurate and its publication irresponsible. "There was nothing unusual in short positions in the stock exchange in the two months before the attack." "The ISA's examinations found, inter-alia, that the average short balances for shares traded on the Tel-Aviv Stock Exchange declined during the period preceding October 7th," the regulator said in a statement. Their report said "short interest in the MSCI Israel Exchange Traded Fund (ETF) suddenly, and significantly, spiked" on Oct. 2, based on data from the Financial Industry Regulatory Authority (FINRA). He also said the short position in Leumi was taken by an unidentified Israeli bank known to the TASE.

Persons: Robert Jackson Jr, Joshua Mitts, Yaniv Pagot, Pagot, Mitts, Steven Scheer, Mark Potter, Leslie Adler Organizations: Tel Aviv Stock Exchange, U.S, New York University, Columbia University, Hamas, Reuters, Israel Securities Authority, Tel, Aviv Stock Exchange, ISA, Leumi, MSCI Israel, Fund, Financial Industry Regulatory Authority, Thomson Locations: Israel, Leumi, Israel's, agorot, MSCI

☆ Walmart and Target borrowing ideas from each other shows we're in a new economic landscape
▼ + stars: | 2023-12-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at the rising similarities between Target and Walmart. Dominick Reuter/Business InsiderIf imitation is the sincerest form of flattery, Walmart and Target are embarking on some serious tributes to each other. AdvertisementTwo of the country's largest retailers are taking pages from each other's playbooks as they adjust to a changing economic landscape. And Walmart founder Sam Walton openly admitted he stole borrowed plenty of ideas from Sol Price, the originator of the wholesale club model. That's led Walmart to see an increase in higher-income clientele, a trend they're leaning into.

Persons: —, Dominick Reuter, Insider's Dominick Reuter, Dominick, Christina Hennington, it's, Sam Walton, Sol Price, That's, Charlie Flanagan, Management's Bryan Kelly, Li Deng, Mike Schuster, Sam Altman Andrew Caballero, Reynolds, Daniel Ek, Slaven Vlasic, Rebecca Zisser, Elon, Zers, Xochitl Gomez, Alyson Hannigan, Jason Mraz, Charity Lawson, Ariana Madix, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Target, Walmart, AQR, Investments, AQR Capital Management, Vatic Investments, Sigma, Investment, Barclays, ING, MSCI Israel, Tel, Tel Aviv Stock Exchange, Israel Securities Authority, Reuters, Broadcom, VMware, The New York Times, Inc, Adobe, ABC, Major, Baseball, MLB Network Locations: Israel, Tel Aviv, New York City, San Diego, London, New York

☆ Israel investigates possible trading knowledge ahead of Oct 7 Hamas attack
▼ + stars: | 2023-12-04 | by ( Steven Scheer | ) www.reuters.com time to read: +3 min

[1/2] An aerial view shows vehicles on fire as rockets are launched from the Gaza Strip, in Ashkelon, southern Israel October 7, 2023. REUTERS/Ilan Rosenberg/File Photo Acquire Licensing RightsJERUSALEM, Dec 4 (Reuters) - Israeli authorities are investigating claims by U.S. researchers that some investors may have known in advance of a Hamas plan to attack Israel on Oct. 7 and used that information to profit from Israeli securities. "And just before the attack, short selling of Israeli securities on the Tel Aviv Stock Exchange (TASE) increased dramatically," they wrote in their 66-page report. In response, the TASE referred Reuters to the Israel Securities Authority, which said: "The matter is known to the authority and is under investigation by all the relevant parties." The professors referred to patterns in early April when it was reported that Hamas was initially planning its attack on Israel.

Persons: Ilan Rosenberg, Robert Jackson Jr, Joshua Mitts, Steven Scheer, Howard Goller Organizations: REUTERS, Rights, U.S, Research, New York University, Columbia University, MSCI Israel, Fund, Financial Industry Regulatory Authority, Tel Aviv Stock Exchange, Reuters, Israel Securities Authority, Thomson Locations: Gaza, Ashkelon, Israel, MSCI, Israel's

☆ Israel-Hamas war live updates: Fears for civilians as 'next stages' of Gaza attack loom
▼ + stars: | 2023-10-15 | by ( Rhea Mogul | Andrew Raine | ) edition.cnn.com time to read: +2 min

An Israel Defense Forces spokesperson told CNN that it had killed another Hamas commander, Billal al-Qedra, who allegedly led the attacks on the Nirim kibbutz near the Israeli border. The IDF continues to urge civilians to evacuate to the south of Gaza, Lerner said, to enable the Israeli military to target Hamas. Hamas has "physically prevented people from moving" and "booby-trapped some of the roads in anticipation" of the move, he added. So effectively, what we're doing is dismantling the entire system to begin with," Lerner said. Lerner said he "hopes" that the war between Israel and Hamas does not become a larger regional conflict, but he said he recognizes that "hope is not a method."

Persons: Billal, Peter Lerner, Khan Yunis, Lerner Organizations: Israel Defense Forces, CNN, Israeli Air Force, Israel Securities Authority, Hamas, IDF Locations: Khan, Gaza, Israel, Iran

The military operation remained ongoing Tuesday morning with Israeli forces searching for 10 remaining primary targets in the Jenin refugee camp, according to the IDF. A military source said Monday the operation is the largest military operation in the occupied West Bank city of Jenin in more than 20 years. Jaafar Ashtiyeh/AFP/Getty Images Aerial vehicles fly during the Israeli military operation in Jenin on Monday. Raneen Sawafta/Reuters Palestinians run for cover during the Israeli military operation in Jenin. Majdi Mohammed/AP Palestinian women react Monday during the Israeli military operation in Jenin.

Persons: Daniel Hagari, Hagari, “, ” Hagari, Nedal, Nasser Nasser, Jaafar Ashtiyeh, Raneen Sawafta, Jaafar Ashitiyeh, Issam, Majdi Mohammed, Ronen Zvulun, Ayman Nobani, Lina Amouri, ”, ” Amouri, Mohamad Torokman, Reuters Duha, ” Turkman, ” “, Mohammed Jarrar, Crescent, Mahmoud al, Saadi, ” “ It’s, Mahmoud Abbas, Israel “, Benjamin Netanyahu, ” Netanyahu Organizations: Jerusalem CNN, West, Israel Defense Forces, Israel Securities Authority, Israel Border Police, IDF, Twitter, Palestinian, Crescent, West Bank, Anadolu Agency, AP Palestinian, Getty, Reuters, AP, CNN, Palestinian Ministry of Health, Palestinian Authority, Militant, Hamas Locations: Jerusalem, West Bank, Jenin, Tel Aviv, ”, West, Monday, AFP, Raneen, Palestinian, Sunday, Issam, it’s, Egypt

CNN —Israeli forces launched a large military operation in Jenin in the northern West Bank overnight Sunday, killing at least three people and injuring 13 others, according to the Palestinian Health Ministry. Footage shared with journalists appeared to show operations ongoing in parts of the Jenin refugee camp and Israeli military vehicles on the streets of Jenin on Monday morning. The IDF said it struck a joint operational command center for the Jenin Camp and operatives of the Jenin Brigade, a Palestinian militant group associated with Islamic Jihad. “The aggression on Jenin will not achieve its targets, Jenin will not surrender. The raid comes less than two weeks after an Israeli military raid on Jenin erupted into a massive firefight, leaving at least five Palestinians dead and dozens wounded.

Persons: Mahmoud al, Saadi, ”, Yoav Gallant, “ Organizations: CNN, West Bank, Palestinian Health Ministry, Israeli Defense Forces, Jenin Government Hospital, Palestinian Ministry of Health, Palestinian, Jenin Brigade, Islamic, IDF, Israel Securities Authority, Israeli Locations: Jenin, Crescent, Palestinian, Israel, Jihad

☆ Moody's outlook downgrade fuels split reaction in Israel
▼ + stars: | 2023-04-16 | by ( Steven Scheer | ) www.reuters.com time to read: +4 min

Moody's Investors Service on Friday lowered Israel's outlook to stable from positive while affirming its sovereign credit rating of "A1". The legislative push has sparked weeks of intensifying mass protests and Moody's said it reflected weaker institutions. This would "stop the deterioration of the Israeli economy," it said. Israel's economy grew 6.5% in 2022 but the Bank of Israel foresees 2.5% growth this year. On the heels of Moody's action, Israeli government bond prices were down as much as 1.1%, while Tel Aviv share indexes were down 0.2%.

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