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Market News
October 17, 2021
Bitcoin Optimism Offers Potential Tesla Options Trade, RBC Says
A divergence in options metrics between Bitcoin-linked Tesla Inc. and MicroStrategy Inc. may present opportunity, according to RBC Capital Markets.
October 17, 2021
Oil Extends Gain After Eighth Weekly Advance on Energy Crisis
Oil advanced at the open of trading in Asia after an eighth weekly gain with the market facing a global energy crunch ahead of winter.
October 17, 2021
Australian Bond Yields Surge With N.Z.’s as Rate-Hike Bets Rise
Australian and New Zealand bond yields jumped after the smaller nation reported faster inflation than economists forecast, fanning bets on faster...
October 17, 2021
Facebook Is Creating 10,000 Jobs in EU to Help Develop a Metaverse
Facebook Inc. said it will create 10,000 new high-skilled positions in Europe within the next five years as part of the social media giant’s push...
October 17, 2021
Indonesia’s Indrawati Sees Smaller-Than-Expected Budget Deficit
Indonesia’s finance minister narrowed her projection for the budget deficit this year and next, as an economic rebound, tax reforms and rising...
October 17, 2021
Aristocrat to Buy Playtech in $3.7 Billion Gaming Deal
Australian slot-machine maker Aristocrat Leisure Ltd. has agreed to buy British gambling software developer Playtech Plc for A$5 billion ($3.7...
October 17, 2021
New Zealand Inflation Surges to Fastest Pace in 10 Years
New Zealand inflation surged to the fastest pace in 10 years in the third quarter, reinforcing bets that the central bank will keep raising interest...
October 17, 2021
Chinese Tourists’ Disappearance Is Remaking Hong Kong Retail
Luxury retail chains are losing their once-iron grip on Hong Kong’s shopping streets, as Covid-19 keeps visitors away and forces the city to shift...
October 17, 2021
EU Will Use Budget Tool Against Rule-of-Law Scofflaws ‘in Days’
The European Union as soon as this week may trigger a new tool that allows it to withhold budget payments to member states that fail to adhere to the...
October 17, 2021