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Market News
October 29, 2021
Price War Holds Down Mortgage Costs Ahead of BOE Rate Decision
New mortgage rates for U.K. households fell in September to their lowest level in a year before commercial banks started raising borrowing costs on...
October 29, 2021
Japan’s Economy Now Seen Contracting as Election Looms
Japan’s economy likely shrank over the summer as a Covid surge and supply bottlenecks slammed an already feeble recovery, according to estimates by...
October 29, 2021
U.K.’s CMA Investigating CD&R’s $9.5 Billion Morrisons Deal
The U.K.’s antitrust watchdog says it’s investigating Clayton Dubilier & Rice LLC’s 7 billion-pound ($9.5 billion) acquisition of Wm...
October 29, 2021
Malaysia Mandates Companies to Have at Least One Woman Director
Malaysia’s publicly traded firms must have at least one woman director on their boards starting next year, as the government seeks to ensure more...
October 29, 2021
Turkish Inflation Blame Game Sees Supermarkets Fined Over Prices
Turkey’s antitrust watchdog fined the country’s top five supermarket chains for price fixing, weeks after President Recep Tayyip Erdogan singled...
October 29, 2021
Janet Yellen Hopeful Congress Will Pass Biden’s Economic Agenda
U.S. Treasury Secretary Janet Yellen said she’s still confident U.S. lawmakers will overcome the current impasse in Washington and pass President...
October 29, 2021
OPEC+ Downgrades View of Market Tightness Before Ministers Meet
OPEC+ technical experts downgraded their expectations for how tight global oil markets will be this quarter, a week before ministers meet to decide...
October 29, 2021
Alibaba-Backed Huitongda May Delay $1 Billion Hong Kong IPO
Huitongda Network Co., an e-commerce platform that serves rural China, is considering delaying its planned Hong Kong initial public offering to next...
October 29, 2021
China’s Mega Banks Extend Profit Gains on Easing Bad Loans
China’s biggest state-run banks extended their earnings recovery in the third quarter, fueled by rising credit demand and improving asset quality...
October 29, 2021