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Market News

March 16, 2021
Shoprite Eases Africa Push to Focus on Domestic Market Gains
Shoprite Holdings Ltd. switched its focus firmly toward taking market share in its home market of South Africa, after opting to withdraw from Nigeria...
March 16, 2021
Hong Kong Overhaul Can Rein in Tycoons, Pro-Beijing Party Says
A leader of a new pro-Beijing political party said an overhaul of how Hong Kong picks its leaders could weaken property interests enough to enact...
March 16, 2021
UAE Aluminum Giant Sees Metal’s Price Staying Elevated This Year
Emirates Global Aluminium PJSC, one of the world’s biggest producers of the metal, expects prices to remain elevated this year as the global...
March 16, 2021
UBS Raises China GDP Call to 9% as Biden Stimulus Drives Exports
China’s economy will grow even faster than initially expected in 2021, driven by a strong rebound in the domestic economy and U.S. stimulus that...
March 16, 2021
Covid Hit These Countries Hard. Now They Face Big Vaccine Bills
Colombia has already paid a steep price in the pandemic with more than 61,000 deaths from Covid-19. Now the South American nation faces another cost:...
March 16, 2021
Europe’s Virus Campaign in Turmoil Ahead of Astra Shot Verdict
Europe’s slow vaccination push has sunk further into disarray after some of the biggest countries suspended AstraZeneca Plc’s shot to explore its...
March 16, 2021
Bank of England Breaks From ECB’s Effort to Curb Market Rates
The Bank of England this week is set to drift further away from the European Central Bank and other monetary institutions actively trying to rein in...
March 16, 2021
Dutch ‘Tax Haven’ Status Challenged as Rutte Tips Left in Ballot
In the early hours of the morning on Oct. 5, 2018, Dutch Prime Minister Mark Rutte’s phone lit up with a text message: “Mark are you awake? I...
March 16, 2021
Norges Bank Set to Hold, All Eyes Fixed on Rate Path
March 16, 2021
Goldman Sees Limited Boost from China’s $308 Billion Cash Hoard
Chinese households amassed an estimated 2 trillion yuan ($308 billion) in extra savings over the pandemic that they’re unlikely to splurge, bad...