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Market News

October 27, 2021
Pay Rises And Flexibility Go Mainstream as Staff Shortages Bite
The majority of businesses are raising wages and offering more flexible working conditions as they struggle to hire and retain staff, according to a...
October 27, 2021
Democrats Bank on High Early Vote to Win Virginia Governor Race
Both Democrat Terry McAuliffe and Republican Glenn Youngkin are imploring Virginians to cast ballots early in their hotly contested gubernatorial...
October 27, 2021
China Covid Spike Wipes $4 Billion Off Hot Pot Firm This Week
A top Chinese hot pot chain has seen $4 billion in its market value evaporate this week, as the government’s escalating curbs to contain a...
October 27, 2021
RBA Faces Pressure to Intervene Again on Yields After CPI Surge
The Reserve Bank of Australia’s game of chicken with the bond market is reaching new heights after Wednesday’s inflation surprise.
October 27, 2021
Germany Cuts 2021 Growth Forecast, Raises Outlook for 2022
Germany expects growth this year to be significantly weaker than predicted, as the lingering effects of the pandemic and a supply squeeze hinder a...
October 27, 2021
Tokyo Stock Exchange to Extend Trading Day by 30 Minutes
The Tokyo Stock Exchange plans to extend the trading day by 30 minutes, the first change to cash equity trading hours in more than a decade.
October 27, 2021
Alleged Ghosn Accomplice Asserts Innocence on Final Day of Trial
Former Nissan Motor Co. Director Greg Kelly should be exonerated of criminal charges for allegedly helping Carlos Ghosn under-report compensation...
October 27, 2021
Canada Seen as Model for How Australia Crypto ETFs Could Develop
Canada provides a model for how Australia’s exchange-traded fund sector could expand to offer products investing in Bitcoin, according to fund...
October 27, 2021
China’s Fosun Will Take on Pfizer with Pneumoccocal Vaccine Bet
Shanghai Fosun Pharmaceutical Group Co. acquired a majority stake in a Chinese biotechnology company that’s developing a rival to Pfizer Inc.’s...
October 27, 2021
China Gas Stations Ration Diesel Adding to Supply Chain Squeeze
Fuel retailers in parts of China are rationing diesel volumes to customers as the nation ramps up efforts to avert a similar supply crunch that’s...