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Market News

November 1, 2021
Indonesia Wealth Fund Commits Up to $800 Million in Mitratel IPO
Indonesia’s new wealth fund has pledged $500 million to $800 million of investment in PT Dayamitra Telekomunikasi’s initial public offering,...
November 1, 2021
Spain’s Algerian Gas Imports Via Morocco Stop as Deal Expires
Spain’s natural gas imports via a key pipeline from Algeria stopped after a 25-year transit deal expired without renewal.
November 1, 2021
Covid Deaths Top 5 Million Even as Vaccines Slash Fatality Rate
More than 5 million people worldwide have died from Covid-19 less than two years after the novel pathogen was first documented, despite the arrival...
November 1, 2021
Taliban Supreme Leader Makes Rare Appearance After Infighting
The Taliban’s spiritual leader Haibatullah Akhundzada made his first public appearance since 2016 at a famous Islamic seminary over the weekend,...
November 1, 2021
Debt-Laden Garuda Indonesia Needs $1 Billion to Stay Afloat
PT Garuda Indonesia needs at least $1 billion of additional funds to cut debt and stay afloat, as the government says it could give up its majority...
November 1, 2021
Kishida’s Win May Lift Cloud of Uncertainity Over Japan Stocks
The second-biggest gain of the year for Japanese stocks suggests the uncertainty hanging over them may finally be near an end and a period of...
November 1, 2021
China Developers’ Dollar Bond Sales Fall to Lowest in 18 Months
Chinese real estate firms’ sales of dollar bonds tumbled to their lowest level since pandemic worries roiled markets last year, as default risks...
November 1, 2021
China Trade Access Is What Africa Needs Next, Says Uganda Leader
China needs to give U.S. or European-style market access to Africa as the next step in fostering a strong economic relationship, Ugandan President...
November 1, 2021
India Unemployment Rate Rises in October on Rural Joblessness
India’s jobless rate rose as unemployment surged in the nation’s rural areas, even as non-farm jobs notch up gains with the economy emerging from...
November 1, 2021
North Macedonia’s Premier Resigns After Local Election Defeat
North Macedonia’s Prime Minister Zoran Zaev said he’ll submit his resignation after his party lost local elections in most cities, including the...