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Short-sightedness in short selling ban
FOR many investors in the market, there are different reasons why equities are bought and sold.
Wall Street ends sharply lower, tech selloff weighs as bond yields climb
NEW YORK: Wall Street's main indexes tumbled on Thursday, with the Nasdaq index posting its largest daily percentage fall in four months, as technology-related stocks remained under pressure following a rise in U.S. bond yields
Iron ore imports hit record in 2020
BEIJING: China’s iron ore imports hit a record 1.17 billion tonnes in 2020, with the average import price up 7.3% year-on-year to US$101.7 per tonne, which analysts say reflects robust demand in the downstream steel market and a continued and stable recovery of the Chinese economy.
Asia markets swing as reopening optimism battles inflation fear
HONG KONG (AFP): Asian markets fluctuated Tuesday (Feb 23), with growing optimism that the rollout of vaccines will allow the global economy to get back on track offset by niggling worries that the recovery will fan inflation and lead to a hike in interest rates.
US agricultural exports to China to hit record high in 2021
WASHINGTON (Xinhua): US agricultural exports to China are expected to hit a record at US$31.5 billion in fiscal year (FY) 2021 that ends on Sept 30, the US Department of Agriculture (USDA) said on Thursday (Feb 18).
GLOBAL MARKETS-Stocks fall as risk appetite sours
NEW YORK: A gauge of global equity markets fell for a third straight session on Thursday, dragged lower by weakness on Wall Street on views the market has climbed too high to soon, while a rise in weekly jobless claims pointed to a fragile recovery in the U.S. labor market.
Thailand and S'pore stocks rise as Q4 economic hit less than feared
SINGAPORE, Feb 15 (Reuters): Singapore and Thai share markets began a data-heavy week on a firm footing on Monday after the two Southeast Asian economies contracted less than expected in the final quarter of 2020.
China's 5G phone shipments hit record monthly high
BEIJING, Feb. 15 (Xinhua): Shipments of 5G phones reached an all-time monthly high of 27.278 million units in China last month, data from the China Academy of Information and Communications Technology (CAICT) shows.
SEC: Clear crypto rules urgently needed as major firms embrace asset
WASHINGTON: A clear cryptocurrency regulatory regime is urgently needed as major companies like Tesla Inc, BNY Mellon Corp and Mastercard Inc embrace the alternative asset class, a top Securities and Exchange Commission (SEC) official said.
