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Market News
November 3, 2021
Sneaker Brand Allbirds Is Said to Upsize IPO to $303 Million
Shoemaker Allbirds Inc. expanded an initial public offering and priced the shares above a marketed range to raise $303 million, according to a person...
November 3, 2021
Adams Bids for NYC Mayoral History, Capping His Rise From Ex-Cop
Eric Adams, a former police captain and current Brooklyn borough president, is on the verge of being elected the 110th mayor of New York City...
November 3, 2021
Amazon Executive Working on Echo and Alexa Devices Is Leaving
A key vice president at Amazon.com Inc. who worked on the Echo and Alexa devices is leaving the company, according to people with knowledge of the...
November 3, 2021
Korea’s Largest Payments App More Than Doubles in Trading Debut
Kakao Pay Corp., South Korea’s largest mobile payments app, more than doubled in its debut in Seoul, following a rocky path to public markets that...
November 3, 2021
Rate-Hike Bets Are Accelerating Across Asia’s Emerging Markets
Traders have had a mixed view for most of this year about when emerging-Asia central banks will begin to normalize policy. Suddenly though, they are...
November 2, 2021
Kellogg Union Sees ‘Little Movement’ in Strike Negotiations
A union representing striking workers at cereal giant Kellogg Co. said there has been little progress since a meeting to negotiate a new contract...
November 2, 2021
French Shipper CMA CGM Near a Deal to Buy California Terminal Operator
CMA CGM SA, one of the world’s largest shipping companies, is nearing a deal to buy Fenix Marine Services, which operates a container terminal in...
November 2, 2021
Top Singapore Banks Cautiously Upbeat as Profit Beats Estimates
Two of Singapore’s largest lenders struck a cautiously upbeat tone after profit in the third quarter beat forecasts driven by gains on fees from...
November 2, 2021
Won Gets Supercharged by a Central Bank Out to Tame Inflation
South Korea’s won has bounced back after a dismal third quarter and a coming interest-rate hike could give it another boost.
November 2, 2021