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Market News
March 12, 2021
Yellen Says Americans to Start Seeing Relief Checks This Weekend
U.S. Treasury Secretary Janet Yellen said Americans would begin receiving $1,400 relief payments in their bank accounts this weekend following...
March 12, 2021
Malaysia Outlaws ‘Fake News’ on Emergency, Covid Pandemic
Malaysia made use of its emergency powers on Thursday, bypassing parliament to impose new laws on fake news two years after the act was scrapped by...
March 12, 2021
JPMorgan Dealmaker Ghitis Joins Stonepeak-Backed Firm
JPMorgan Chase & Co.’s co-head of technology, media and telecommunications investment banking in Asia is leaving the U.S. bank to join a...
March 12, 2021
Investors Dust Off Trade That Protects Returns from Rising Rates
Central-bank bond buying has made it relatively painless for credit investors to switch to short-maturity debt to avoid risks from rising interest...
March 12, 2021
Hong Kong Regulator Warns of Price War Among City’s Accountants
Hong Kong’s regulator warned that a price war among the city’s accounting firms could impact quality of reports amid a boom in listed companies.
March 12, 2021
Xiaomi Shares Soar in Hong Kong After $1.3 Billion Buyback Plan
Xiaomi Corp. shares had their biggest intraday gain in three weeks in Hong Kong after the maker of smartphones and gadgets unveiled a HK$10 billion...
March 12, 2021
Thai Premier Delays AstraZeneca Shot Over Probe Into Blood Clots
Thailand’s Health Ministry said that the nation would temporarily halt the use of AstraZeneca Plc vaccines until there’s more clarity from the...
March 12, 2021
Apollo Bids for Aegion After New Mountain Buyout Deal
Apollo Global Management Inc. has made a bid for Aegion Corp., a pipeline-services company that last month agreed to be taken private by New Mountain...
March 12, 2021
General Electric CEO Gets $73 Million in Stock-Fueled Pay After Waiving Salary
General Electric Co.’s Chief Executive Officer Larry Culp waived most of his salary and all of his bonus last year, but he still scored total...
March 12, 2021