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Market News
October 19, 2021
Lira Rout Imperils One of the Best Bets in Emerging Bond Markets
The lira’s slump this month threatens to derail a rally in Turkish corporate bonds that’s handed investors some of the richest returns in...
October 19, 2021
Rule-Breaking Couple at Center of China’s Latest Covid Outbreak
A rule-breaking elderly couple enjoying China’s tourist sites have become the focus of the country’s latest Covid-19 cluster, prompting...
October 19, 2021
Indonesia Prepares Garuda Backup Plan if Debt Talks Fall Apart
Indonesia is preparing a backup plan for flag carrier PT Garuda Indonesia if it fails to reach a deal with creditors, including the option of...
October 19, 2021
Secretive Body Leads Xinjiang’s Hunt for Pre-Crime, Report Finds
A secretive Communist Party organ is taking an unusually hands-on role in directing a vast predictive policing effort in Xinjiang, according to a...
October 19, 2021
Alibaba Unveils One of China’s Most Advanced Chips
Alibaba Group Holding Ltd. unveiled a new server chip that’s based on advanced 5-nanometer technology, marking a milestone in China’s pursuit of...
October 19, 2021
China’s Property Sector Contracts For First Time Since Pandemic
China’s property and construction industries contracted in the third quarter for the first time since the start of the pandemic, weighed by a slump...
October 19, 2021
Coal Tops $300 a Ton in China as Cold Wave Adds to Energy Crisis
Coal futures in China surged to another record to put a previously unthinkable level of 2,000 yuan ($311) a ton in sight, as a cold blast adds to the...
October 19, 2021
U.S. Denies Making Any Financing Offers on Turkey’s F-16 Request
The U.S. has not made any financing offers on Turkey’s request to purchase F-16 warplanes, State Department spokesman Ned Price said Monday, adding...
October 19, 2021
China’s Orbiting Missile Exploits Weakness in U.S. Defenses
China’s reported launch of a hypersonic missile into orbit has raised concerns that U.S. rivals are quickly neutralizing the Pentagon’s missile...
October 19, 2021