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Market News

October 29, 2021
Coal in Freefall in China as Government Steps Up War on Prices
Coal futures extended a dramatic decline as China’s government said there’s further room for prices to fall, ratcheting up interventions in the...
October 29, 2021
Singapore Mystery Covid Surge Fades With Cases Below 4,000
Singapore’s Covid-19 daily case count fell back to its recent baseline after a mysterious surge pushed infections above 5,000 earlier this week,...
October 29, 2021
Youngkin Sticks to School Theme in Closing Days of Virginia Race
Glenn Youngkin, the Republican candidate for governor of Virginia, doubled down on his themes of greater parental influence over schools and...
October 29, 2021
Das Reappointed India Central Bank Chief for Three-Year Term
Shaktikanta Das has been reappointed governor of the Reserve Bank of India for another term of three years.
October 29, 2021
Bondholders Get Paid; Junk Notes Rebound: Evergrande Update
Some China Evergrande Group bondholders received an overdue interest payment shortly before the expiry of a grace period, buying more time for the...
October 29, 2021
Polls Say Ruling LDP May Lose Outright Majority: Japan Election
Japanese Prime Minister Fumio Kishida’s ruling Liberal Democratic Party will struggle to maintain its single-handed majority in parliament in...
October 29, 2021
Second-Largest Cryptocurrency Ether Climbs to Record High
Ether, the largest cryptocurrency after Bitcoin, climbs as much as 3.3% to a record high of $4,391.81, according to data compiled by Bloomberg.
October 29, 2021
Chinese Banks Ease Credit Controls in Slowing Property Market
Chinese banks have started to ease credit controls on homebuyers and developers in response to government instructions amid worries about an economic...
October 29, 2021
Hong Kong Tycoon Loses $174 Million in Property Bond Fire Sale
The Hong Kong real estate firm run by the family of billionaire Joseph Lau liquidated its position in Kaisa Group Holdings Ltd. bonds at a loss,...
October 29, 2021
RBA Opts Against Defending Bond Target After Yields Surged
The Reserve Bank of Australia defied market expectations by opting against defending its 0.1% yield-target on Friday, a decision that could fuel...