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Market News
October 20, 2021
China Home Rut Deepens as Prices Fall for First Time Since 2015
China’s home prices fell for the first time in six years as a property slump deepens in the world’s second-largest economy.
October 20, 2021
Peru’s Congress Approves Law that Limits President’s Power
Peruvian lawmakers passed a law that limits the power of President Pedro Castillo to dissolve congress, imposing a defeat on the leftist leader just...
October 20, 2021
Evergrande Risks to China Economy ‘Contained,’ IMF Official Says
Risks to the economy from the meltdown of China Evergrande Group are “contained” for now, according to a senior official with the International...
October 20, 2021
Gold Steadies as Investors Weigh Prospects of Stimulus Pullback
Gold steadied as investors waited for comments from Federal Reserve officials this week which could provide insight into the prospects of tighter...
October 20, 2021
Stunning Coal Rally Halts in China as Government Issues Warnings
A spectacular rally in coal futures in China hit an abrupt halt as the government began a policy blitz intended to tame prices and ease the...
October 20, 2021
Yuan’s Biggest Jump Since January Puts China Fixing in Spotlight
China’s reference rate for the yuan is in the spotlight, after the tightly-managed currency rallied by the most since January in the previous...
October 20, 2021
China New-Home Prices Fall; Sinic Defaults: Evergrande Update
China Evergrande Group investors remain in the dark about the property developer’s progress in negotiating stake sales to meet its looming debt...
October 19, 2021
Oil Holds Near 7-Year High as Report Points to Rising Stockpiles
Oil held near the highest level in seven years after an industry report pointed to another increase in U.S. crude stockpiles.
October 19, 2021
BOJ to Quiz Banks on Tough Legacy Libor as Expiry Looms
The Bank of Japan and Financial Services Agency are assessing if local financial institutions have any remaining Libor-linked contracts that will be...
October 19, 2021