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Market News

November 5, 2021
Zloty Plunges After Glapinski’s U-Turn on Interest Rate Hikes
The zloty swung from gains to losses against the euro on Friday after central bank Governor Adam Glapinski said Poland may not need more interest...
November 5, 2021
MTN Surges as Nigeria Nears Approval for Mobile Banking License
MTN Group Ltd.’s shares surged in Johannesburg after it moved a step closer to getting a license to operate lucrative mobile-money services in...
November 5, 2021
Hong Kong’s SFC Sees No Systemic Risk From Evergrande Troubles
Hong Kong’s Securities and Futures Commission sees no broader systemic risk from the troubles at China Evergrande Group after keeping a close eye...
November 5, 2021
Malaysia Eases Virus Curbs in Penang, Sabah States From Monday
Malaysia’s Penang and Sabah states will enter the final phase of the National Recovery Plan beginning Nov. 8, according to Defense Minister...
November 5, 2021
U.K. Asks Microsoft, Other Tech Firms on Policies to Fight Fraud
Microsoft Corp. and other big tech firms have been asked by a panel of U.K. lawmakers to spell out their policies to combat online fraud.
November 5, 2021
Genki Forest Seeking $15 Billion Valuation in New Funding Round
Genki Forest, a Chinese beverage maker known for its flavored teas and sparkling water, is nearing a deal to raise $500 million in fresh capital at a...
November 5, 2021
German Cases Hit Fresh Record as Fourth Wave Spreads in Europe
Germany reported record Covid-19 infections for a second straight day, as a fourth wave of the pandemic hits Europe and threatens to overwhelm...
November 5, 2021
Japan Eases Many Covid-Era Border Restrictions as Cases Slump
Japan announced a broad easing of Covid-era border control measures that will relax restrictions for visitors such as students and those traveling...
November 5, 2021
China Tells Small Banks to Cap Wealth Management Product Sales
Chinese regulators have instructed some local banks to limit sales of wealth management products after growing concerned about the risks associated...
November 5, 2021
German, French Industrial Production Unexpectedly Falls