Stock Market Optimism Falters; Higher U.S. Yields Hit Tech Stocks
LONDON (Reuters) – The optimism with which markets started the year showed signs of waning on Wednesday, with European stock…
January 2022
StanChart Splits Hong Kong Workforce On Concerns About New COVID-19 Outbreak
HONG KONG (Reuters) – Standard Chartered Plc has started operating in split teams in Hong Kong, a bank spokesperson said…
Volvo Cars Reports 18% Sales Drop In December
STOCKHOLM (Reuters) – Volvo Car Group’s monthly sales fell 18.1% in December from a year ago, the Sweden-based automaker said…
Marketmind: Party Over Before It Gets Started
A look at the day ahead from Dhara Ranasinghe. The euphoria seen in world stock markets in the first two…
China Drafts Rules On Security Reviews For Apps Influencing Public Opinion
SHANGHAI (Reuters) -China’s cyber regulatory body issued on Wednesday draft rules governing mobile apps, including a requirement for security reviews…
China’s Market Regulator Fines Alibaba, Tencent For Failing To Report Deals
SHANGHAI (Reuters) – China’s top market regulator said on Wednesday it has fined units of Alibaba Group Holding Ltd, Tencent…
Asian Shares Slip As Rising U.S. Yields Hit Tech Firms
By Alun John HONG KONG (Reuters) – Asian stocks slipped on Wednesday following a mixed Wall Street session as higher…
China Huarong Falls 50% As Trading Resumes After 9-month Halt
HONG KONG (Reuters) -Shares of China Huarong Asset Management Co Ltd plunged as much as 50% in Hong Kong on…
Private Equity Firm TPG Seeks $9.5 Billion Valuation In U.S. IPO
By Chibuike Oguh (Reuters) – Private equity firm TPG disclosed on Tuesday it is aiming for a $9.5 billion valuation…
Yen Wallows As Omicron Fears Subside And Rate Hikes Loom
By Tom Westbrook SYDNEY (Reuters) – The yen was pinned near a five-year low on the dollar on Wednesday and…