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Market News

March 8, 2021
Goldman Sachs Economists See U.S. Jobs Boom as Virus Curbs Ease
The U.S. is on course for an employment boom this year once pandemic restrictions ease and the economy reopens, according to economists at Goldman...
March 8, 2021
Kenya Delays Plan to Sell Road Bonds Backed by Fuel Levy
Kenya has postponed plans to raise funds for road building through selling bonds backed by a fuel levy, citing the need to complete ongoing works...
March 8, 2021
BOE Governor Bailey Says Risks to U.K. Economy Remain Tilted to the Downside
Bank of England Governor Andrew Bailey said risks to the U.K. economy remain tilted to the downside, a remark that may rein in expectations that...
March 8, 2021
Cathie Wood Is Having the Worst Run in a Year as Big Bets Falter
Cathie Wood’s exchange-traded funds slumped in the pre-market on Monday, signaling no end to the selling that has wiped 25% from her flagship...
March 8, 2021
China’s Xpeng Reports Shrinking Losses as EV Deliveries Take Off
Chinese electric-vehicle maker XPeng Inc. reported a narrowing loss in the fourth quarter and deliveries that beat its own expectations by 30%, a...
March 8, 2021
Taiwan Has Enough Water to Keep Chipmakers Humming Till May
Taiwan offered reassurances Monday it has sufficient water reserves to keep a giant tech industry led by Taiwan Semiconductor Manufacturing Co....
March 8, 2021
Niger’s President Wins World’s Biggest Cash Prize for Leadership
Niger’s President Mahamadou Issoufou, who’s due to step down next month after serving two terms, was named the 2020 winner of the world’s...
March 8, 2021
Biden Targets Gender Inequality in Latest Executive Orders
President Joe Biden will formally create a gender policy council within the White House as part of two executive orders he intends to sign on Monday...
March 8, 2021
SoftBank’s Outlook Raised to Stable at Moody’s Amid Asset Sales
SoftBank Group Corp.’s outlook was raised to stable from negative at Moody’s Investors Service, which cited progress with the Japanese...
March 8, 2021
China Hacking Concern Revives India Focus on Cybersecurity Plan
India is mulling a new national strategy to strengthen the country’s cybersecurity amid allegations that Chinese intrusions may have affected...