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Market News

October 4, 2021
Stanford Grads’ Stock Trading App Is Indonesia’s Newest Unicorn
Ajaib, an Indonesian online stock trading platform, reached a valuation of $1 billion after raising $153 million in a financing round led by DST...
October 4, 2021
Share Trading Suspended as Debt Test Looms: Evergrande Update
Shares in China Evergrande Group and its property management unit were suspended from trading Monday, as a fresh debt test loomed for the developer...
October 4, 2021
Evergrande, Property Management Unit Share Trading Halted
Trading of China Evergrande Group shares was suspended in Hong Kong, along with those of its property management unit, as the property giant contends...
October 4, 2021
Singapore Says in Talks With Europe, U.S. on Vaccinated Travel
Singapore is in discussion with several countries and regions including Europe and the U.S. on vaccinated travel lanes, Trade Minister Gan Kim Yong...
October 4, 2021
Facebook Whistleblower: Firm Places Profits Over Users
A Facebook Inc. whistle-blower who turned over thousands of internal documents to U.S. lawmakers and the Wall Street Journal unveiled herself as a...
October 4, 2021
Sun Life to Buy DentaQuest for $2.48 Billion to Grow in U.S.
Sun Life Financial Inc., Canada’s largest group-benefits company, agreed to buy U.S. dental-benefits provider DentaQuest for about $2.48 billion,...
October 4, 2021
Japan’s Kishida to Be Appointed Premier as Election Looms
Japan’s Fumio Kishida will be appointed prime minister by parliament Monday, and reveal a new cabinet lineup as he seeks to revive support for his...
October 3, 2021
BioNTech Sees New Vaccine Need; Japan in Talks: Virus Update
BioNTech SE Chief Executive Officer Ugur Sahin, whose company developed the first Covid-19 vaccine along with Pfizer Inc., said a new formula will...
October 3, 2021
Philippine Peso’s Losing Streak Sends It Toward Two-Year Low
The Philippine peso has fallen for three straight quarters and hit a 17-month low last week. The bad news doesn’t end there.
October 3, 2021
Oil Steadies Ahead of OPEC+ Producers Meeting on Supply Policy
Oil was steady at the open ahead of an OPEC+ meeting on Monday to discuss production policy amid a rapidly tightening market.