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Market News

October 14, 2021
Facebook Fights Release of Records in Myanmar Genocide Case
Facebook Inc. appealed part of a Washington judge’s order to turn over internal documents related to accounts that helped incite genocidal violence...
October 14, 2021
China’s Factory-Gate Inflation Surges to Highest in 26 Years
China’s factory-gate inflation soared in September to the highest level in almost 26 years, fueled by a nationwide energy crisis and skyrocketing...
October 14, 2021
Clubhouse CEO Says the Once-Hot Startup Grew ‘Way Too Fast’
Clubhouse, the audio-only app designed to be a virtual conference hall, generated heavy buzz during the peak of the pandemic and received a $4...
October 14, 2021
GOP-Led States Call U.S. Attack on Texas Abortion Law a Threat
A group of Republican-led states criticized the U.S. Justice Department for suing to overturn a Texas ban on most abortions, telling a judge that the...
October 14, 2021
Further Developer Downgrade Hits Sector: Evergrande Update
A further developer downgrade hit China’s embattled real estate sector, as S&P Global Ratings cut Greenland Holding Group Co., saying impaired...
October 14, 2021
China Coal’s Record Rally Fizzles as Beijing Secures Supply
Coal futures in China fell after closing at record highs for three straight sessions as the country’s top planning agency said supplies have been...
October 14, 2021
New Zealand Prepares Health System For Surge in Covid-19 Cases
New Zealand is preparing its health system to cope with an influx Covid-19 patients as it concedes it can’t stamp out the delta variant and begins...
October 14, 2021
Gitlab Exceeds IPO Target Price to Raise $801 Million
Software development platform Gitlab Inc. priced an initial public offering above a marketed range to raise $801 million.
October 14, 2021
Pinterest Co-Founder, Creative Chief Evan Sharp Steps Down
Pinterest Inc. co-founder Evan Sharp is stepping down from the company and plans to join LoveFrom, the design firm founded by former Apple Inc....
October 14, 2021
Singapore’s MAS Unexpectedly Tightens Policy Amid Price Pressure
Singapore’s central bank unexpectedly, and modestly, tightened its monetary policy settings as it sees cost pressures building.