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BEIJING: China’s home prices fell for the first time in six years in September, the latest sign that a deepening property slump is slowing the world’s second-largest economy.
NEW YORK: Another time-honoured axiom is being put to the test in the post-pandemic stock market, the one that says don’t fight the United States Federal Reserve (Fed).
HONG KONG: Hong Kong is starting futures contracts that make it easier for international investors to bet on mainland Chinese stocks, intensifying rivalry between the city’s bourse and its Singapore counterpart.
SHANGHAI: Like the demise of Enron Corp. and the collapse of Lehman Brothers, the debacle at China Evergrande Group was inevitable to some only in retrospect.
NEW YORK: Stocks surged globally on Friday in their best day in five months as strong U.S. corporate earnings reports fueled optimism about the economy, though three-year-high oil prices kept inflation risks alive and lifted government bond yields.
NEW YORK: Goldman Sachs Group Inc investment banking co-head Dan Dees said the firm’s dealmakers are looking for opportunities in all areas of technology as companies emerge from the pandemic era.
Clubhouse CEO says the initial hype for the app – which saw its valuation balloon to RM16.61bil earlier this year – may have hurt the company, which struggled to catch up with its own success.
(Reuters) -Electric carmaker Tesla Inc on Wednesday reported lower support than usual for two directors at its recent shareholder meeting, and greater support for a call to review the company's use of mandatory arbitration after a court decision in favor of a temporary employee who accused Tesla of racial discrimination.
HONG KONG: Hyphen Group, a financial technology firm backed by Hong Kong billionaire Richard Li, is in advanced talks to go public through a merger with blank-cheque company Provident Acquisition Corp, according to people familiar with the matter.