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Market News
October 11, 2021
Five Indian Soldiers Killed in Gun Fight Near Pakistan Border
Five Indian solders were killed in a gun fight along the disputed border with Pakistan, a government official said.
October 11, 2021
Money Funds Need New Guardrails to Shore Up Markets, FSB Says
The inner workings of money-market funds need to be shored up with measures such as capital buffers and redemption costs to help ward off threats to...
October 11, 2021
Polish Leader Decries ‘Polexit’ Charge After Weekend Protests
Poland’s nationalist leaders slammed the opposition for spreading “fake news” at the biggest anti-government protests this year, denying claims...
October 11, 2021
Global Energy Crisis Piles Pressure on Aluminum Supply
Aluminum has already jumped 50% this year, but some investors are now betting on an even bigger spike. The metal used in everything from beer cans to...
October 11, 2021
Turkey Current Account Swings to Surplus on Tourism Boost
Turkey posted a current-account surplus after running a deficit for nine straight months, thanks to a jump in tourism income.
October 11, 2021
Biggest Saudi IPO Since Aramco Jumps 30% on Trading Debut
ACWA Power International surged on debut in Riyadh after raising more than $1.2 billion in the biggest Saudi Arabian listing since Aramco.
October 11, 2021
China’s Little Red Book Plans to Shift IPO to Hong Kong From U.S., Sources Say
Chinese startup Xiaohongshu, or “Little Red Book,” is weighing a Hong Kong initial public offering to raise at least $500 million, after putting...
October 11, 2021
Japan Pay Hikes Higher Priority Than Capital Gains Tax, PM Says
Tax breaks for companies that raise salaries are a higher priority than a review of the capital gains tax, Japanese Prime Minister Fumio Kishida told...
October 11, 2021
BMW Missing Out on China’s Karaoke Fans Exposes Digital Car Gap
BMW AG rarely has to answer this question in Western showrooms, but it’s becoming increasingly important for selling cars in China: Can I sing...
October 11, 2021