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Market News
September 23, 2021
DST Global Joins $40 Million Investment in Crypto Wallet Cobo
Cobo, a Singapore-based crypto asset management and custodian platform, has raised $40 million in a Series B round led by DST Global, IMO Ventures...
September 23, 2021
Veritas, Elliott Consider $20 Billion-Plus Athenahealth Sale
Veritas Capital and Elliott Investment Management are exploring options for Athenahealth Inc. including a sale or initial public offering, according...
September 23, 2021
China Traders Take Targeted Approach Navigating Evergrande Woes
The China Evergrande Group crisis may hurt fewer companies than widely anticipated, with investors on the mainland expecting the fallout from the...
September 23, 2021
European Businesses Urge China to Open Up, Avoid ‘Inward’ Turn
European businesses in China urged the country to steer away from what they see as an “inward” turn of the economy to achieve self-sufficiency,...
September 23, 2021
Duterte Taps Military to Assist Hospitals as Nurses Get Sick
Philippine President Rodrigo Duterte has ordered the police and the military to augment hospital staffing in the capital region as hundreds of health...
September 23, 2021
Cathie Wood Would Sell Tesla Next Year If It Reached $3,000
Cathie Wood would sell Tesla Inc. if its price hit her five-year target in the coming year.
September 23, 2021
Major Evergrande Backer Chinese Estates May Sell All Its Shares
Chinese Estates Holdings Ltd. sold shares in China Evergrande Group and said it may exit all its holdings, a major withdrawal of support from one of...
September 23, 2021
China Banks Downplay Risks After Evergrande Missed Loan Payments
A number of China’s publicly-traded banks rushed to assuage investors who are concerned about risks from the deepening crisis at China Evergrande...
September 22, 2021