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Market News

November 1, 2021
South Korea Exports Post Double-Digit Gains Despite Global Challenges
South Korea’s exports posted solid gains in October, helping alleviate concerns that a recovery in global trade will be derailed by supply chain...
October 31, 2021
Australia’s Hot Housing Market Shows Signs of Cooling Momentum
Australia’s housing market advanced for a 13th straight month, even as signs mounted of a potential cooling ahead in response to worsening...
October 31, 2021
Ringgit Isn’t Afraid of Fed Taper Storm as Economy Eyes Rebound
Currency traders are gearing up for an action-packed week as the Federal Reserve moves toward tapering its debt purchases. But the Malaysian ringgit...
October 31, 2021
Japan Stimulus Set to Pass Easily After LDP Retains Majority
The outright majority secured for Japanese Prime Minister Fumio Kishida’s ruling party is expected to bring about a smooth passage of fiscal...
October 31, 2021
Oil Drops at Start of Key Week as Biden Boosts Pressure on OPEC+
Oil fell as pressure mounted on OPEC+ to boost production when it meets this week and China released reserves of diesel and gasoline.
October 31, 2021
Brookfield Agrees to Buy Australia’s AusNet in $7.7 Billion Deal
Australian natural gas transmission company AusNet Services has agreed to a binding takeover offer from a consortium including Brookfield Asset...
October 31, 2021
American Airlines’ Canceled Flights Portend Messy Holiday Travel
The razor-thin staffing that contributed to thousands of canceled U.S. passenger flights in October doesn’t bode well for smooth holiday travel.
October 31, 2021
Psaki Has Covid; NYC Workers Face Suspension: Virus Update
Tens of thousands of New York City employees -- including police, fire and sanitation workers -- could face unpaid leave Monday as a contentious...
October 31, 2021
Thiel Says High Cryptocurrency Prices Show Inflation is Real
Peter Thiel said Sunday at a conservative conference that the high price of Bitcoin indicates the economy is facing real inflation.
October 31, 2021
HNA-Linked 245 Park Avenue Files for Bankruptcy in Delaware
Entities linked to 245 Park Avenue, a Manhattan skyscraper tied to China’s HNA Group Co., filed for Chapter 11 bankruptcy in Delaware, court papers...