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Market News

October 13, 2021
China Reports Progress on U.S. Disputes Before Biden-Xi Summit
China said it set up a group with the U.S. to discuss disputes, ahead of a video summit between President Joe Biden and his Chinese counterpart Xi...
October 13, 2021
U.S. to Ease Restrictions on Land Travel With Canada, Mexico
The changes, announced by members of New York’s congressional delegation, come after the White House previously announced its intention to begin...
October 13, 2021
Asia’s Richest Man Boosts Green Energy Push With Two More Deals
Reliance Industries Ltd. will buy a German maker of photovoltaic solar wafers and signed a deal with a Danish company to manufacture hydrogen...
October 13, 2021
Saudi Push to End Yemen War Hinges on Restoring Ties with Iran
Iran has asked Saudi Arabia to reopen consulates and re-establish diplomatic ties as a prelude to ending the war in Yemen, with timing emerging as...
October 13, 2021
Goldman Alum Bets He Can Double Haitong International’s Assets
Wang Shengzu, a Goldman Sachs Group Inc. veteran who was just named global head of asset management at Haitong International Securities Group Ltd.,...
October 13, 2021
AI-Powered Stock Fund Doubles Down on Japan’s Whipsawing Shares
An artificial intelligence-guided fund targeting stocks outside the U.S. is piling into Japanese shares that now make up over a third of its...
October 13, 2021
Apple’s Suppliers Drop as Chip Crunch to Hit IPhone Production
Apple Inc.’s suppliers dropped Wednesday after Bloomberg reported the tech giant is likely to slash its iPhone 13 production target for 2021 due to...
October 13, 2021
Argentina Told Company Executives IMF Deal Won’t Happen in 2021
Argentina’s President Alberto Fernandez told a group of eight top businessmen that a deal with the International Monetary Fund won’t happen until...
October 13, 2021
China’s Exports Climb About 20% in September Despite Energy Crisis
China’s exports in yuan terms grew at a faster pace in September than the previous month despite a nationwide power crunch that forced businesses...
October 13, 2021
Macau Cancels Third Public Meeting on Proposed Casino Crackdown
Macau has now cancelled three town hall meetings meant for officials to gauge public opinion on a proposed tightening of casino rules in the...