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Market News

October 5, 2021
Hong Kong’s Lam to Target Housing Crisis in Policy Address
Chief Executive Carrie Lam is expected to answer Beijing’s call to ease Hong Kong’s housing crisis and deepen integration with mainland China in...
October 5, 2021
Here’s What Facebook Says Triggered the Massive Outage on Its Apps
Facebook Inc. blamed a global service outage that kept its social media apps offline for much of Monday on a problem with its network configuration,...
October 5, 2021
Philippines Pushes Back Full Covid Vaccination Target to 2022
The Philippines will take longer to reach its goal of fully vaccinating 70% of its population, which officials said will be achieved in February...
October 5, 2021
Asia Stocks Slide as Markets in Korea, Japan Head for Correction
Asian stocks slipped, led by Japan and Korea, as surging commodity prices fueled concerns about global inflation.
October 5, 2021
Apple Accused of Bad Faith in Ericsson Patent Royalty Talks
Ericsson AB filed a lawsuit Monday accusing Apple Inc. of engaging in unfair tactics to avoid paying royalties for the use of baseline 5G...
October 5, 2021
China To Shelve Anti-Sanctions Law in Hong Kong, HK01 Says
China will not impose an anti-sanctions law on Hong Kong for now, local news organization HK01 reported, a seemingly unusual backtrack from Beijing...
October 5, 2021
Philippine Inflation Slows From 2018 High as Food Costs Cool
The Philippines’ consumer price increases slowed last month from a 2018 high after food and transport costs cooled.
October 5, 2021
Millions Flock to Signal as Facebook, WhatsApp Suffer Outage
Signal, the private messaging app endorsed by Edward Snowden, saw user sign-ups soar during the extended downtime of Facebook Inc.’s network of...
October 5, 2021
China Tech Stock Gauge Set for New Low on Yields, Crackdown
A benchmark tracking Chinese technology giants in Hong Kong slumped, on track for a new record low on Tuesday as a global tech selloff triggered by...
October 5, 2021
Japan’s Nikkei 225 Flirts With Correction as Kishida Underwhelms
Japanese equities fell, pushing the Nikkei 225 Stock Average into correction territory, amid market disappointment with a new government and a host...