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Market News
October 22, 2021
Evergrande Is ‘Living Dead’ Despite Bond Payment, Analyst Says
China Evergrande Group’s payment of interest on a dollar bond is positive news for debt holders, but uncertainties remain on whether the distressed...
October 22, 2021
ECB Seen Boosting QE Flexibility to Smooth Exit From Crisis Tool
The European Central Bank will supercharge its regular bond-buying program before pandemic purchases run out in March, according to economists...
October 22, 2021
Think Everything’s Expensive Now? Wait Until You See What’s Next
Consumers around the world are about to get socked with even higher prices on everyday items, companies from food giant Unilever Plc to lubricant...
October 22, 2021
Markets Bet Inflation Is Hot Enough to Spur Reluctant Rate Hikes
Investors are stepping up bets that the world’s key central banks will raise interest rates sooner than they’d planned, and faster than they’d...
October 22, 2021
Billionaire Stroll Plans Formula 1 Makeover Akin to Aston Reboot
After kicking off the reboot of supercar maker Aston Martin Lagonda Global Holdings Plc, billionaire Lawrence Stroll has similar ambitions to scale...
October 22, 2021
Oil Tax Targeted in Philippine Presidential Race as Prices Surge
Some Philippine presidential aspirants are looking at either cutting or suspending taxes on oil, as fuel prices rise ahead of elections in May of...
October 22, 2021
China Arrests Star Pianist With Sex Worker, Warns Celebrities
Chinese state media said after the arrest of a star pianist on prostitution charges that anyone challenging the government’s sense of discipline is...
October 22, 2021
Evergrande Repayment Lifts Chinese Developers, Asia Junk Bonds
A relief rally boosted risk-sensitive assets including Chinese developers, junk bonds and the Australian dollar after China Evergrande Group paid...
October 22, 2021