Market Overview - Page 219

Oil prices climbed on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world’s second-biggest oil user, reported its lowest daily rise in COVID-19 cases, bolstering hopes of a pick-up in demand. Brent crude.

One of China’s key short-term money rates surged to a near six-year high on Wednesday as investors worried that policymakers may be starting to shift to a tighter stance to cool gains in share prices and property markets. Unlike the.

Nissan Motor Co said on Wednesday all its “new vehicle offerings” in key markets would be electrified by the early 2030s, as part of the Japanese automaker’s efforts to achieve carbon neutrality by 2050. The company, which plans to cover.

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..