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Market News

September 27, 2021
Bank of Ireland Blames Government Pay Restrictions as CFO Leaves
Bank of Group Ireland Group Plc’s Chief Executive Officer Francesca McDonagh blamed ongoing government restrictions on banker pay in Ireland after...
September 27, 2021
Top Thai Lender Rules Out Banking Job Cuts in Business Overhaul
Siam Commercial Bank Pcl will maintain banking staff levels as Thailand’s biggest lender restructures its business spinning off some units into a...
September 27, 2021
IPhone Assembler Starts Energy-Saving Measures in China
iPhone assembly operations in China are beginning to reduce their energy consumption because of a sudden power crunch in the country, which has...
September 27, 2021
Bitcoin, Ether Rally Back to Levels Just Before China Crypto Ban
The cryptocurrency market made a swift comeback from the turbulence last week triggered by China’s latest crackdown volley, with the likes of...
September 27, 2021
Aboitiz to Raise $1.46 Billion From Power Stake Sale to JERA
Aboitiz Equity Ventures Inc. will sell a fourth of its power subsidiary to Japan utility company JERA Co. Inc for $1.46 billion.
September 27, 2021
Errant Drone Strike Undercuts Biden Vow to Hit Terrorists Abroad
The Pentagon’s admission that a drone strike killed innocent civilians as U.S. forces hastily withdrew from Afghanistan undercut one of the Biden...
September 27, 2021
Pelosi’s Democrats Head For Showdown This Week on Biden’s Agenda
House Democrats are heading toward a showdown this week over President Joe Biden’s economic agenda, with a planned vote on a $550 billion...
September 27, 2021
South Africa Exits Third Coronavirus Wave, Institute Says
South Africa has officially exited its third wave of coronavirus infections, the National Institute of Communicable Diseases said.
September 27, 2021
Money Market Funds Are Getting Ready for a Debt-Ceiling Debacle
Pity the money market funds.Not only have they been dealing with years of low interest rates and new regulation introduced after the 2008 financial...
September 27, 2021
Covid Cuts Two Years Off the Life Expectancy of U.S. Men
American men lost 2.2 years of life expectancy last year because of Covid-19, the biggest decline among 29 nations in a study of the pandemic’s...