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Market News
October 23, 2021
‘Squid Game’ Shakes Up Korean Stocks as Much as Netflix Viewers
Netflix Inc.’s runaway hit Squid Game came like a bolt from the blue for viewers around the world. The impact on equity investors in its home...
October 23, 2021
Chinese Economy Risks Deeper Slowdown Than Markets Realize
China’s economy risks slowing faster than investors realize as President Xi Jinping’s push to cut its reliance on real estate and regulate...
October 23, 2021
Obama Attacks GOP Candidate’s ‘Phony Culture Wars’ in Virginia
Former President Barack Obama waded into Virgina’s gubernatorial race, criticizing Republican candidate Glenn Youngkin for supporting “phony,...
October 23, 2021
Facebook Assesses Country Risks for Decisions on Content Removal
Facebook Inc. said it’s developed a strategy since 2018 to monitor and remove content that violates its policies, especially in countries most at...
October 23, 2021
U.S. Losing Steam Foretells Europe’s Future Headwinds: Eco Week
Growth data on both sides of the Atlantic in the coming week will reveal the impact of a multitude of headwinds that hit the U.S. during the third...
October 23, 2021
Hedge Funds Slash Faang Exposure to Two-Year Low Before Earnings
Hedge funds that make both bullish and bearish wagers on stocks are turning skeptical on tech megacaps just days before earnings from the likes of...
October 23, 2021
High-Grade Credit Sales to Slow But Loans Will Get Busy
U.S. high-grade primary markets will likely slow down next week with preliminary estimates calling for about $15 billion of fresh supply that could...
October 23, 2021
Bondholders Risk $2.6 Trillion Hit on Even a Modest Yield Rise
After a wild week on Wall Street that saw inflation expectations reach decade highs, portfolio managers are staring down an ever-more dangerous...
October 23, 2021
Sudan Coalition Sets Nov. 17 Deadline for Military Handover
The Sudanese ruling coalition has set a Nov. 17 deadline to General Abdul Fattah Aburhan to hand over the chairmanship to the civilian members in the...
October 23, 2021