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Market News
September 27, 2021
Southeast Asian Startup Deals Hit Record Number in First Half
Venture backers made a record number of investments in Southeast Asian startups in the first half of this year, though the value of those deals...
September 27, 2021
China’s Growth Forecasts Take a Hit as Power Crunch Worsens
Economists warned of lower economic growth in China as electricity shortages worsen in the country, forcing businesses to cut back on production.
September 27, 2021
Third Covid-Era Prime Minister to Face Tough Test in Japan
For the winner of a party leadership vote this week to pick Japan’s third pandemic-era prime minister, a heavy lift awaits on the economy.
September 27, 2021
Evergrande’s EV Unit Plunges After Warning of Cash Shortage
China Evergrande Group’s electric-car unit plunged in Hong Kong trading after it warned of a “serious shortage of funds” and scrapped plans to...
September 27, 2021
Facebook Rebuts Report Calling Instagram ‘Toxic’ for Teen Girls
Facebook Inc. said body image was the only area out of 12 categories in its research into well-being issues where more teenage girls felt Instagram...
September 27, 2021
China’s Recovery Is Coming Under Pressure From Weak Demand
China’s economic momentum remained stable in September but domestic spending is weakening amid stringent virus control measures and tightening...
September 27, 2021
Polling Shows Premier Vote Set for Runoff: Japan Election
Voting to elect the leader of Japan’s ruling Liberal Democratic Party is almost certain to go to a second round, with no candidate expected to...
September 27, 2021
China’s Power Crisis Moves From the Factory Floor to Homes
China’s energy crisis is beginning to hit people where they live, adding the risk of social instability on top of potential global supply chain...
September 27, 2021
Singapore Wealth Tax Would Fit in Existing System, Minister Says
Singapore’s finance minister said any form of wealth tax would fit into the nation’s progressive tax system and pledged the government’s...
September 27, 2021