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TOKYO: Keep calm and trust the Bank of Japan. That’s the mantra for traders in the nation’s bond market after the government boosted debt issuance by almost 40% to fund its stimulus spending.
E-commerce giant to buy self-driving car firm Zoox
Chinese flying taxi maker Ehang gets approval to test drone deliveries for cargo weighing over 150kg
Ehang is the world’s first autonomous aerial vehicle company approved to conduct commercial trials of passenger drones for transporting heavy cargo, it says. The pilotless 216 flying car can hold two passengers and travel at up to 130km per hour.
HONG KONG is finally set to see its first billion-dollar plus listing in more than six months.
THE specter of negative prices is hanging over energy markets more than a month after oil’s unforgettable crash below zero.
Keyence has jumped 19% this year, now worth US$100bil
NEW YORK: Brent oil rose above US$40 a barrel for the first time in almost three months on signs that Opec+ producers are close to agreeing on a short extension of their historic deal to cut output
I RETURN to the office this week, joining thousands of bankers from Citigroup Inc to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, it’s going to take some getting used to.
HONG KONG: A controversial security law that threatens to upend Hong Kong’s status as an Asian financial hub hasn’t slowed the world’s most expensive real estate market.
BRASILLIA: Iron ore futures surged above US$100 a tonne after Brazil’s Vale SA was ordered to suspend operations that account for about a 10th of its output after workers contracted Covid-19, boosting concerns surging cases will disrupt other mines in the top shipper after Australia.