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Market News
March 8, 2021
Turkey Warns U.S. Push on Russian Missiles Could Backfire
American demands that Turkey scrap a Russian air-defense system could boomerang, Turkish President Recep Tayyip Erdogan’s spokesman warned.
March 8, 2021
Interview With Turkish President’s Spokesman Kalin: Excerpts
Turkish President Recep Tayyip Erdogan’s spokesman Ibrahim Kalin spoke with Bloomberg on Saturday, amid lingering tensions with the U.S. over...
March 8, 2021
DBS Cuts Bonus of CEO, Senior Managers After Profit Decline
DBS Holdings Group Ltd. cut Chief Executive Officer Piyush Gupta’s total 2020 compensation by 24% after Southeast Asia’s largest lender posted...
March 8, 2021
Investment Firm for the Ultra-Rich Opens Office in Hong Kong
Investment firm Cambridge Associates is opening a Hong Kong office, ramping up its focus on Asia amid a surge in wealth in the region.
March 8, 2021
It’s All About Valuations as Asia Stock Investors Buy the Dip
The first back-to-back weekly loss for Asian stocks since September is just another opportunity for some global money managers to build up positions.
March 8, 2021
Big Short on Treasuries Spills Over to Yen as Hedge Funds Pounce
Bearishness toward U.S. Treasuries surged to a record last week. That has given traders confidence to take on a new target: the yen.
March 8, 2021
Jardine Group’s Stocks Soar After $5.5 Billion Buyout of Unit
Shares linked to Jardine Matheson Holdings Ltd., Singapore’s biggest conglomerate by market value, rallied after saying it will delist the...
March 8, 2021
Women Can Be Fired for Pregnancy in 28 Nations, Says World Bank’s Reinhart
There are still almost 40 countries where women can be fired from their jobs simply for getting pregnant, World Bank Chief Economist Carmen Reinhart...
March 8, 2021
Xi Calls for Quality Growth; Hong Kong Elections: NPC Update
This year’s full-session of China’s parliament, the National People’s Congress, enters its fourth day on Monday.
March 8, 2021