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Market News

March 9, 2021
H.K. Electoral Overhaul in Focus, Defense Spending: NPC Update
The future of Hong Kong’s electoral system remains in focus as China’s annual National People’s Congress entered its fifth day.
March 9, 2021
China State Funds Buy Stocks to Stem Worsening Rout
Chinese state-backed funds were said to intervene on Tuesday to alleviate declines in the stock market, a sign that the rout had gone too far for...
March 9, 2021
DBS Joins JPMorgan, Barclays to Endorse Benefits of Office Work
DBS Group Holdings Ltd.’s Chief Executive Officer Piyush Gupta said employees need to sometimes work from the office to develop a firm’s identity.
March 9, 2021
Top Carry Trade Gets Squeezed by Taiwan Dollar’s Upward March
The Taiwan dollar is the world’s cheapest-funding currency for carry trades, beating out favorites like the euro and the yen and attracting...
March 9, 2021
Biden Picks for DOJ Posts Vow Urgent Action After Capitol Riot
The Justice Department must take deliberate action in coming weeks and months to defend democracy and the Constitution in response to the deadly Jan....
March 9, 2021
By the Numbers: China Lays Out Ambitious Five-Year Targets
China’s economic planners are used to setting ambitious targets, and its latest five-year plan running to 2025 is no exception. Here are some of...
March 9, 2021
Lula’s Comeback Adds to Long List of Brazil Investor Woes
Luiz Inacio Lula da Silva was thrust back into Brazil’s political scene after a judge tossed out criminal convictions against the leftist icon,...
March 9, 2021
Zwift Names Twitter’s Pichette, Lululemon’s Burgoyne to Board
Zwift, an online fitness platform best known for hosting virtual cycling races, has named Patrick Pichette and Celeste Burgoyne to its board.
March 9, 2021
Instagram to Integrate Reels Into Facebook Social Network
Instagram said it will give a small number of creators in India the option to share their short video clips on Facebook Inc.’s main social network.
March 9, 2021
Philippines Raises Taal Volcano Alert on Increasing Unrest
The Philippines increased its alert level on Taal volcano as the tourist attraction 65 kilometers south of the capital recorded increased unrest.