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Market News
October 26, 2021
Roh Tae-woo, First Freely Elected South Korea Leader, Dies at 88
Roh Tae-woo, a former South Korean general who became the country’s first democratically elected president after being forced by massive street...
October 26, 2021
U.K. Budget, Yellen Backs Powell, U.S.-China Talks: Eco Day
Welcome to Tuesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day.
October 26, 2021
India Stocks Have to Brace for Higher Volatility, Kotak AMC Says
Indian equities are poised for greater volatility as quickening inflation poses risks to earnings of companies’ trading at high valuations,...
October 26, 2021
Cathie Wood Says Tech Will ‘Bend Curve’ on Inflation in Reply to Musk
Cathie Wood says new technologies will help “bend the curve” on inflation despite recent supply-chain bottlenecks related to Covid-19 and oil...
October 26, 2021
Tesla’s Big Order Win Boosts Asia EV Stocks, Lithium Makers
Asian electric vehicle-related stocks jumped on Tuesday after a blockbuster order for Tesla Inc. and a spinoff at BYD Co. stoked optimism about the...
October 26, 2021
Singapore Has Just 60 ICU Beds Left as Severe Covid Cases Rise
The number of seriously ill Covid-19 patients in Singapore has risen to such an extent that there are 60 empty beds currently left in intensive care...
October 26, 2021
China’s Overnight Repo Rate Slides After PBOC’s Liquidity Boost
China’s overnight borrowing costs slumped as the central bank continued to add cash to a banking system strained by tax payments, local-government...
October 26, 2021
Three Gorges Is Among Bidders for $1 Billion China Wind Asset
China Three Gorges Corp. and State Power Investment Corp. are among the bidders for the 1 gigawatt wind energy portfolio owned by China’s Master...
October 26, 2021
China Says Allegations It Causes Debt Trap for Africa Are False
China said it was false to claim that its lending practices have pushed African nations into debt traps, blaming a host of economic factors instead...
October 26, 2021