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Market News
October 26, 2021
Italy’s Banking Money Pit Gets Deeper After Orcel Shuns Draghi
Banca Monte dei Paschi di Siena SpA has burned through about 18 billion euros ($21 billion) of taxpayer and investor cash since 2008, and there’s...
October 26, 2021
Sunak Urged to Mend Fences With Corporate Britain in Budget
U.K. businesses are looking to Chancellor of the Exchequer Rishi Sunak to repair their strained relationship by doing more to spur investment and...
October 26, 2021
China Giving Covid Shots to Three-Year-Olds as Outbreak Persists
China started giving Covid-19 vaccines to children as young as three, as the country grapples with the return of the delta variant and more frequent...
October 26, 2021
China Vows to Help Taliban ‘Rebuild the Country’ in Doha Meeting
China pledged to help the Taliban “rebuild the country” while reiterating calls for the U.S. to lift sanctions against the new leaders of...
October 26, 2021
Australia Keen for Singapore Travel Lane, Trade Minister Says
Australia is eager to start quarantine-free travel with Singapore as soon as possible, Trade and Tourism Minister Dan Tehan said.
October 26, 2021
Samsung’s Jay Y. Lee Fined $60,000 Over Illegal Use of Sedative
A South Korean court fined Samsung Electronics Co. Vice Chairman Jay Y. Lee 70 million won ($60,000) for his illegal substance use, dealing another...
October 26, 2021
HSBC Upgrades China Stocks to Overweight in Rebuff to Pessimists
HSBC Holdings Plc analysts upgraded their call on Chinese stocks to overweight, saying investors had become too bearish on a market that now offers...
October 26, 2021
Hong Kong Rejects Pleas From Global Banks to Scrap Zero-Covid
Hong Kong’s government said it will stick to its “zero infection” strategy on Covid-19, rebuffing a plea from global banks for the city to ease...
October 26, 2021
Hong Kong to Curb Quarantine Loopholes to Meet China Demands
Hong Kong will soon end most of the quarantine exemptions for overseas and mainland travelers, with the city under pressure from officials in Beijing...
October 26, 2021