Tesla Shares Set To Start 2021 At Record High
Reuters | Monday January 04, 2021Shares of the company, which joined the benchmark S&P 500 index in December, were up 3 per cent in premarket trading.
Alibaba's $10-Billion Buyback Plan Fails To Halt Stock Slide
Reuters | Tuesday December 29, 2020, Beijing/Hong KongAlibaba 's upsized $10 billion buyback programme failed to ease concerns about a regulatory crackdown on co-founder Jack Ma's e-commerce and financial empire
Gold Set For Worst Month Since 2016 Amid COVID-19 Vaccine Optimism
Reuters | Monday November 30, 2020Optimism over a swift vaccine-fuelled economic recovery dented allure for safe havens.
S&P Global To Buy IHS Markit In Mega $44-Billion Deal, Largest Merger Of 2020
Reuters | Monday November 30, 2020The mega deal is a sign that deal-making activity is accelerating as breakthroughs in developing COVID-19 vaccines improve the economic outlook
Asian Markets Hit Record Highs As Vaccine Hopes Dampen Coronavirus Fears
Reuters | Monday November 16, 2020, SydneyMSCI's broadest index of Asia-Pacific shares outside Japan gained 1 per cent to hit its highest since its launch in 1987 with markets across the region making milestone peaks.
Crude Oil Surges On COVID-19 Vaccine, Production Cut Hopes
Reuters | Monday November 09, 2020, LondonSaudi Arabia's Energy Minister Prince Abdulaziz bin Salman said the OPEC+ deal on oil output cuts could be adjusted if there is consensus among members of the group.
Crude Oil Rate Surges 10% To $43 Per Barrel, Biggest Single-Day Jump In 6 Months
Edited by Sandeep Singh (with inputs from agencies) | Monday November 09, 2020Crude oil rates surged more than 10 per cent on Monday in their biggest single-day gain in six months, on hopes of a COVID-19 vaccine and a cut in output by top producers. Brent crude futures - the global benchmark for crude oil - soared to quote at $43.48 per barrel at the strongest level recorded during the session compared to their previous close. That marked an increase of $4.03 per barrel - or 10.22 per cent - at the intraday high, compared to Friday's close of $39.45 per barrel.
Billionaire Jack Ma's Empire In Turmoil As China Halts Ant Group's IPO
Lulu Yilun Chen and Richard Frost, Bloomberg | Wednesday November 04, 2020Chinese authorities have abruptly thrown into doubt the future of Ant Group Co. and its celebrated founder, the billionaire Jack Ma.
China's Halt Of Ant Group IPO "Necessary, Reasonable" To Curb Risks: Report
Reuters | Wednesday November 04, 2020, ShanghaiBeijing's surprise actions on Tuesday thwarted the world's largest stock market debut with just days to go, in a dramatic blow to the financial technology firm founded by billionaire Jack Ma.
Here's Everything You Need to Know About Ant Group's Pulled IPO
David Scanlan, Bloomberg | Wednesday November 04, 2020The company will have to boost capital and reapply for national licenses before the sale can go ahead.
China Blocks Jack Ma's $35-Billion Ant IPO, World's Biggest
Lulu Yilun Chen and Richard Frost, Bloomberg | Tuesday November 03, 2020The Shanghai stock exchange will suspend the listing after Jack Ma was called in for "supervisory interviews" by related agencies, it said in a statement Tuesday.
Gold Prices Drop As Investors Await US Election Results
Reuters | Tuesday November 03, 2020Gold, which is seen as a hedge against inflation and currency debasement, has gained over 24% so far this year on unprecedented stimulus measures.
Goldman Money Funds' Liquidity Buffer Swells Before US Election
Reuters | Saturday October 31, 2020, BostonStocks have swung significantly in recent days and more volatility is expected in the wake of the US election.
Chevron, Exxon Shrink Spending As Coronavirus Impacts Demand
Reuters | Saturday October 31, 2020Exxon posted its third straight quarter of losses on Friday and reduced spending plans for the coming year.
Global Stock Markets Decline As Coronavirus Infection Rate Weighs
Reuters | Friday October 30, 2020, LondonA strong central bank-fuelled bounce back from the initial pandemic slide earlier in the year has faltered this week.
