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Market News

September 24, 2021
Apple iPhone 13 Tests Whether Deals, Cameras Will Spur Upgrades
Apple Inc. is releasing its iPhone 13 lineup on Friday, testing whether new camera technology and aggressive carrier deals will get shoppers to snap...
September 24, 2021
Alibaba Seeks to Exit Media Firm After Beijing’s Scrutiny
Alibaba Group Holding Ltd. is seeking to sell its entire stake in a local television network after the Chinese government’s scrutiny over media and...
September 24, 2021
China Jails Former Moutai Chairman for Life for Taking Bribes
China sentenced the former chairman of liquor giant Kweichow Moutai Co. to life in prison for taking bribes of 112.9 million yuan ($17.5 million).
September 24, 2021
Billionaire Row Condo Board Sues Developers Over 1,500 Building Defects
The condo board at one of New York’s tallest and toniest towers sued the building’s developers, claiming design flaws are to blame for flooding,...
September 24, 2021
Evergrande’s EV Unit Shares Fall After Report on Missed Wages
Shares of China Evergrande Group’s electric-car unit plunged as much as 23% in early trade Friday after Bloomberg reported the company missed...
September 24, 2021
Chile’s Government Plans to Slash Spending by 22% Next Year
Chile’s government submitted a budget bill to Congress Thursday that will trim spending 22% in 2022, as the South American country moves to scale...
September 24, 2021
Silence on Bond Payment; EV Staff Not Paid: Evergrande Update
Holders of China Evergrande Group’s dollar bonds remain on edge after the developer made no announcement on whether it will meet a Thursday...
September 24, 2021
Banks, Builders Pin Hopes of a Revival on India Festival Season
India’s biggest banks and home builders are offering decade-low interest rates and discounts to ramp up demand ahead of the festival season.
September 24, 2021
Rival Candidates Battle on Social Media Ahead of Japan’s Election
The four candidates seeking to replace outgoing Japanese Prime Minister Yoshihide Suga are battling on social media and in a series of online debates...
September 23, 2021
China’s Power Cuts Widen Amid Shortages and Climate Push
Power rationing and forced cuts to factory production in China are widening amid electricity supply issues and a push to enforce environmental...