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Market News

October 8, 2021
Staycationing Chinese Spend Less As Virus Concerns Linger
Even with Covid-19 almost completely under control across China, consumers were still reluctant to travel and spend during the just-finished holiday...
October 8, 2021
Twentysomethings With Fat Checkbooks Join the SPAC Rush
October 8, 2021
Merck’s Covid Pill Faces Risk that Virus Could Outsmart It
Merck & Co.’s experimental pill for Covid-19 should be accompanied by other treatments as soon as they’re available to cut the risk of drug...
October 8, 2021
Czech Leader, Scarred By Scandal, Set to Be Narrowly Re-Elected
Billionaire Prime Minister Andrej Babis is poised to win the Czech Republic’s elections, though he will fall short of a majority and a series of...
October 8, 2021
Axiata, Sinar Mas Exploring Indonesian Mobile Unit Deal
Malaysia’s biggest wireless carrier Axiata Group Bhd. and Indonesian conglomerate Sinar Mas Group are exploring options that could include a merger...
October 8, 2021
Hong Kong Gym Chain Pure Group Seeking Funds for China Growth
Hong Kong gym chain Pure Group is seeking to raise about $100 million to help fund its expansion in mainland China, people with knowledge of the...
October 8, 2021
Europe Faces Cruel Winter as Power Crisis Threatens to Swamp Aid
The surge in Europe’s gas and electricity costs threatens a cold, expensive winter for the continent, as government efforts to protect citizens...
October 8, 2021
Malaysia Grants Conditional Approval For Pfizer Booster Shot
Malaysia’s Drug Control Authority approved the use of Pfizer’s Comirnaty as the first Covid-19 booster shot in the country.
October 8, 2021
Bain Seeks $1 Billion for Japanese Hot Spring Operator, Sources Say
Bain Capital has revived a plan to sell Ooedo Onsen Monogatari, an operator of about 38 hot spring inns and resorts across Japan, according to people...
October 8, 2021
Musk Says Chip and Ship Shortages Top Threats to Tesla Growth
A double-whammy of a global shortage of chips and ships is the only thing standing in the way of Tesla Inc. maintaining sales growth in excess of...