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Market Overview - Page 221


China short-term rate hits near 6-year high on holiday demand, policy tightening worries
China short-term rate hits near 6-year high on holiday demand, policy tightening worries.

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 says new models in key markets to be electrified by early 2030s
Nissan says new models in key markets to be electrified by early 2030s.

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 IPO could get back on track if it resolves issues, China’s central bank governor suggests
Ant Group IPO could get back on track if it resolves issues, China’s central bank governor suggests.

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.

Asia-Pacific markets mixed as IMF raises global economic growth forecast
Asia-Pacific markets mixed as IMF raises global economic growth forecast.

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 tons of U.S. agricultural exports, opting to send empty containers to China
Shipping carriers rejected tons of U.S. agricultural exports, opting to send empty containers to China.

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.

US Housing market becomes even hotter
US Housing market becomes even hotter.

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,.

Risk-off on markets, but too early to panic
Risk-off on markets, but too early to panic.

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,.

Harvard, Yale, Brown Endowments Have Been Buying Bitcoin for at Least a Year: Sources
Harvard, Yale, Brown Endowments Have Been Buying Bitcoin for at Least a Year: Sources.

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,.

3 reasons why Ethereum price is still on track to top $2,000
3 reasons why Ethereum price is still on track to top $2,000.

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.

Google stops donations to U.S. Congress members who voted against election results
Google stops donations to U.S. Congress members who voted against election results.

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.

Dollar gains as stimulus nerves nudge investors to safety
Dollar gains as stimulus nerves nudge investors to safety.

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 post biggest fall in two months on U.S. stimulus worries
Asian stocks post biggest fall in two months on U.S. stimulus worries.

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.

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