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Market News

September 15, 2021
China’s Economy Weakens on Delta Outbreak and Wary Consumers
China’s economy weakened further in August after the government imposed stringent measures to contain a widespread Covid-19 outbreak, curbing...
September 15, 2021
Top Democrat Says Biden Inheritance-Tax Plan Short of Votes
The top House Democrat overseeing tax policy said Tuesday that President Joe Biden’s plan to substantially raise taxes on inherited assets lacks...
September 15, 2021
Hong Kongers Are Piling Into Yuan at Fastest Pace in Seven Years
Hong Kong residents haven’t been this excited about China’s yuan since before a shock currency devaluation in 2015.
September 15, 2021
China Property Slowdown Deepens as Evergrande Hurts Confidence
China’s residential property slowdown deepened last month, signaling that regulatory tightening and an escalating crisis at the country’s most...
September 15, 2021
Banker Says India Credit Market Worst She’s Seen in Two Decades
A veteran banker at Kotak Mahindra Bank Ltd. said that strains in India’s bond market are at the highest she’s seen in her two-decade career.
September 15, 2021
Gaming-Contest App Becomes Unicorn After Lockdowns Drive Growth
Mobile Premier League became India’s second gaming unicorn, raising funds at a $2.3 billion valuation after the pandemic drove...
September 15, 2021
WeWork Listing Is Poised to Slide to the Fourth Quarter
September 15, 2021
Australian Crypto Exchange Head Welcomes Industry Regulation
Australia risks being left behind if regulation of the local cryptocurrency industry doesn’t support innovation, according to the head of the...
September 15, 2021
Rivian Gets U.S. Regulatory Go-Ahead to Deliver EVs to Customers
Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., says it has received full regulatory certifications and can start...
September 15, 2021
Ocasio-Cortez Prepares Bill to Extend Unemployment Benefits
Representative Alexandria Ocasio-Cortez said she would introduce a bill to reinstate federal unemployment benefits programs that expired last week,...