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Market News
October 8, 2021
China Shares Rise on Reopen From Holiday With Consumer Strength
Chinese shares advanced after mainland markets reopened from a week-long holiday, with consumer staples and tech shares showing resilience in the...
October 8, 2021
PBOC Drains Cash as China Markets Re-Open, Bond Futures Slide
China drained the most short-term liquidity from the banking system in a year on a net basis as it reduces liquidity support following a week-long...
October 8, 2021
Tesla Shareholders Appear to Pass Calvert’s Diversity Proposal
A shareholder resolution asking Tesla Inc. to provide more quantitative, comparable data about its diversity, equity and inclusion efforts appeared...
October 8, 2021
Cannabis Producer Sundial to Buy Chain of Liquor and Pot Stores
Canadian cannabis producer Sundial Growers Inc. said it will buy liquor and pot retailer Alcanna Inc. for C$346 million ($276 million) in stock,...
October 8, 2021
Top Hong Kong Adviser ‘Pretty Sure’ Anti-Sanctions Law Is Coming
A top adviser to Hong Kong’s leader says the Asian financial hub is still going to enact a local version of a Chinese anti-sanctions law after the...
October 8, 2021
U.S. Nuclear Submarine Hits Mystery Object in South China Sea, Injuring 11 Sailors
A U.S. nuclear-powered attack submarine struck an object while submerged in international waters in the Indo-Pacific region last week, the Navy said,...
October 8, 2021
RBA Says Risks Remain for Excessive Borrowing, House Prices
The Reserve Bank of Australia said it is important that lending standards are maintained as the risk remains from excessive borrowing in the...
October 8, 2021
AmCham Says Lobbying Hong Kong to Reopen Like ‘Talking to Wall’
U.S. businesses say lobbying Hong Kong’s government about reopening its borders with the rest of the world has been fruitless, a sign of...
October 8, 2021
Gold’s Lackluster Year May Get a Boost as Stagflation Risks Grow
Gold’s traditional role as a hedge against inflation has faltered all year, but growing risks that the global recovery could stall as price...
October 8, 2021