Market Overview - Page 218

Ant Group’s initial public offering (IPO) could resume if the company resolves its issues, China’s central bank governor hinted on Tuesday. The Ant Group IPO, which would have been the biggest in history, was pulled by regulators just days before.

Stocks in Asia-Pacific were mixed in Wednesday trade as the International Monetary Fund (IMF) raised its growth forecast for the global economy this year. The Nikkei 225 in Japan rose 0.31% while the Topix index gained 0.46%. South Korea’s Kospi.

Shipping carriers rejected U.S. agricultural export containers worth hundreds of millions of dollars during October and November, instead sending empty containers to China to be filled with more profitable Chinese exports, a CNBC investigation found. The Federal Maritime Commission has.

Fresh news on house prices in the US brings back memories of the turn of the century’s credit boom period. The S&P/Case-Shiller index marked an acceleration to 9.1% YoY in November across the 20 metropolitans, the highest since mid-2014. However,.

Stock markets are losing ground Tuesday morning. Asian indices are down more than 1%, and US stock futures came under sustained selling pressure visible on the intraday charts. For the Asian markets, this is the worst drop in two months,.

Some of the largest university endowment funds in the U.S. have been quietly buying cryptocurrency for the past year or so through accounts held at Coinbase and other exchanges, CoinDesk has learned. According to two sources familiar with the situation,.

After dropping 27% over three days, Ether (ETH) price finally reached a bottom at $1,040 on Jan. 22. The sharp correction liquidated $600 billion worth of future contracts but interestingly, Ether price rebounded to a new all-time high even as.

Alphabet Inc’s Google said on Monday it will not make contributions from its political action committee this election cycle to any Congress member who voted against certifying the results of the presidential election. Earlier this month, following the violent storming.

The U.S. dollar rose on Tuesday as rising coronavirus cases and doubts over the speed and size of U.S. stimulus tempered traders’ upbeat mood, while investors were also cautious ahead of the Federal Reserve’s policy review later in the week..

Asian stocks fell on Tuesday, retreating from record highs as lingering concerns about potential roadblocks to the Biden administration’s $1.9 trillion stimulus weighed on sentiment, dragging U.S. Treasury yields to three-weeks lows. The lower risk appetite lent some support to.

European Central Bank President Christine Lagarde hopes that 2021 will still be the year of economic recovery post-pandemic, despite strict lockdowns and concerns over new Covid-19 variants. “Our hope is that still 2021 is the year of recovery but in.

UBS, the world’s largest wealth manager, has reported net income of $1.71 billion for the fourth quarter of 2020, a 137% jump on the year before. Analysts had expected income to come in at $967 million for the three-month period,.