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Market News
October 25, 2021
Mysterious ‘Authoritative Person’ Plots Growth Path for China
In 2016, an unnamed “authoritative person” gained international prominence by laying out the long-term economic thinking of China’s top...
October 25, 2021
How a $4.2 Billion Deal Generated $119 Billion in Market Value
It’s not every day that a simple $4.2 billion order creates a $119 billion jump in value for the buyer and seller combined -- some 28 times the...
October 25, 2021
South Korea Economic Growth Slows as Virus Curbs Crimp Spending
South Korea’s economic expansion cooled last quarter as a renewed virus outbreak prompted authorities to impose their toughest social distancing...
October 25, 2021
Crown Given Two Years to Reform or Lose Casino Melbourne License
Crown Resorts Ltd. will be placed under strict government supervision for the next two years after being found unfit to hold its Melbourne casino...
October 25, 2021
Stocks Set to Rise as Earnings, Inflation Weighed: Markets Wrap
Asian stocks looked set to rise Tuesday after a record S&P 500 close as corporate earnings and progress on President Joe Biden’s economic...
October 25, 2021
Facebook’s Earnings Pop Poised to Shrink Snap-Fueled Losses
A rally in Facebook Inc. shares in the wake of earnings is poised to shrink losses inflicted last week after Snap Inc.’s warning about ad spending...
October 25, 2021
Jill Biden Says Cancer ‘Touches Every American Family’
First lady Jill Biden on Monday toured a cancer center in the state that played a pivotal role in her husband's victory in the 2020 Democratic...
October 25, 2021
China Surge Challenges Strategy; Moderna for Kids: Virus Update
Coronavirus outbreaks in China are flaring more frequently than ever, raising questions about how long the nation can persist with the so-called...
October 25, 2021
Tesla Passes Facebook to Become 5th-Largest U.S. Public Company
Tesla Inc. has surpassed Facebook Inc. to become the fifth-largest publicly traded company in the U.S.
October 25, 2021