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Market Overview - Page 248


Asian factories recover further from COVID-19 crisis in November as China booms
Asian factories recover further from COVID-19 crisis in November as China booms

Asian factories recovered further in November from the COVID-19 crisis, surveys showed on Tuesday, thanks to a boom in economic powerhouse China which has enabled the region to withstand the pandemic better than many of its peers. China’s factory activity.

Asian shares extend gains on recovery hopes, following stellar November
Asian shares extend gains on recovery hopes, following stellar November

Asian share markets began the new month with a bang on Tuesday, buoyed by the prospect of a COVID-19 vaccine fueling a global economic recovery, buoyant Chinese factory activity and expectations of continuing fiscal and monetary support. MSCI’s broadest index.

First ‘mass air shipment’ of Pfizer’s Covid vaccine arrives as airlines prepare for more
First ‘mass air shipment’ of Pfizer’s Covid vaccine arrives as airlines prepare for more

The Federal Aviation Administration said it supported the “first mass air shipment” of Covid-19 vaccines, as pharmaceutical companies and airlines prepare networks for broad distribution.

OPEC warns of ‘immense challenges’ as agreement on cuts remains elusive
OPEC warns of ‘immense challenges’ as agreement on cuts remains elusive

OPEC has warned that the “immense challenges” caused by the Covid-19 pandemic were likely to persist into 2021, as the group of oil producers failed to come to an agreement over an extension to its production cut agreement. OPEC and.

American investors could pay the price as the U.S. moves to blacklist more Chinese firms
American investors could pay the price as the U.S. moves to blacklist more Chinese firms

Major Chinese companies that are crucial to Beijing’s global trade and infrastructure projects are under threat as U.S.-China tensions escalate — and that could mean more risks for American investors, according to research firm TS Lombard. Last month, U.S. President.

Stocks Poised for Record Month on Vaccine Optimism
Stocks Poised for Record Month on Vaccine Optimism

Global stock markets are on the cusp of finishing a record-breaking month sparked by major progress toward a coronavirus vaccine. The MSCI World Index has soared 13% in November, the best performance on record. Trading was muted on Monday, with.

Ethereum at crucial point, fundamentals indicate strong bullish trend
Ethereum at crucial point, fundamentals indicate strong bullish trend

The upcoming week will host one of the most important events for Ethereum ever. On December 1st, the beginning of phase 0 of the Ethereum 2.0 will take place. The event could push ETH to new all-time highs and for.

Bitcoin price hits $19K as bulls show no fear of record futures gap
Bitcoin price hits $19K as bulls show no fear of record futures gap

Bitcoin (BTC) returned to $19,000 on Nov. 30 as a weekend surge continued to produce fresh gains for investors and hodlers. Data from Cointelegraph Markets and TradingView showed BTC/USD retaking another key psychological level during Monday trading. The weekend had.

Stocks set for best month ever, dollar and gold pay the price
Stocks set for best month ever, dollar and gold pay the price

World shares paused on Monday to assess a record-breaking month as the prospect of a vaccine-driven economic recovery next year and yet more free money from central banks eclipsed immediate concerns about the coronavirus pandemic. Neither Europe or U.S. futures.

OPEC+ to discuss extending oil cuts or gradually raising output
OPEC+ to discuss extending oil cuts or gradually raising output

OPEC+ members will consider whether to extend existing oil cuts for three to four months or to increase output gradually from January during their two days of talks that start on Monday, OPEC+ sources told Reuters. Officials from the Organization.

S&P Global to buy IHS Markit in $44 billion mega-deal
S&P Global to buy IHS Markit in $44 billion mega-deal

Data giant S&P Global has agreed to buy IHS Markit in an all-stock deal worth $44 billion that will be the biggest corporate acquisition of 2020 and create a heavyweight in the increasingly competitive market in financial information. The mega-deal,.

Brexit trade talks enter ‘last leg’ with no-deal deadline just weeks away
Brexit trade talks enter ‘last leg’ with no-deal deadline just weeks away

The U.K. and the EU are in the “last leg of negotiations” over a post-Brexit trade agreement, according to Britain’s foreign minister, with only a few weeks left to approve any potential deal. The U.K. stopped being a member of.

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