Finance

S&P 500, Nasdaq post record closing highs after Fed minutes

U.S. stocks ended higher on Wednesday and the S&P 500 and Nasdaq notched record closing highs after minutes from the last Federal Reserve meeting indicated officials may not be ready yet to move on tightening policy.

EU to propose new body to tackle dirty money, documents say

The European Union will propose a new agency to crack down on money laundering and new transparency rules for transfers of crypto-assets, EU documents showed on Wednesday as the bloc responds to calls for tougher action to fight dirty money.

UK faces new debt surge in climate push, early action best – OBR

Britain faces another jump in its 2-trillion-pound ($2.8 trillion) public debt pile to make its economy net carbon zero by 2050,but quick global action could make the hit less severe than that of the coronavirus pandemic, a fiscal watchdog said.

Asia shares volatile as China tech worries remain

Asian share markets were volatile on Tuesday, after Australia’s central bank flagged some tapering in its quantitative easing programme and concerns over the future of China’s powerful technology sector weighed down shares.

Dollar awaits Fed minutes, kiwi aloft on rate expectations

The New Zealand dollar rose on Tuesday after a strong business survey pulled forward rate hike expectations there to as soon November, while its Australian counterpart crept higher ahead of its own crucial central bank policy meeting later in the day.

Didi cybersecurity probe blindsides shareholders days after debut

Chinese regulators have gained a reputation for aggressive action, but even hardened investors were shocked by the announcement of a probe into ride-hailing firm Didi (DIDI.N) just two days after its $4.4 billion New York stock market debut.

World shares cling near record highs

World stocks clung close to record highs on Monday as worries about the Delta variant of COVID-19 offset positive sentiment from surging euro zone business activity and a welcome U.S. jobs report.

Chinese regulators suggested Didi delay its U.S IPO – WSJ

China’s cybersecurity watchdog suggested Didi Global Inc (DIDI.N) delay its initial public offering and urged it to review its network security, weeks before the Chinese ride-hailing giant went public, the Wall Street Journal reported on Monday, citing people familiar with the matter.

S&P 500, Nasdaq post record closing highs after Fed minutes

U.S. stocks ended higher on Wednesday and the S&P 500 and Nasdaq notched record closing highs after minutes from the last Federal Reserve meeting indicated officials may not be ready yet to move on tightening policy.

EU to propose new body to tackle dirty money, documents say

The European Union will propose a new agency to crack down on money laundering and new transparency rules for transfers of crypto-assets, EU documents showed on Wednesday as the bloc responds to calls for tougher action to fight dirty money.

UK faces new debt surge in climate push, early action best – OBR

Britain faces another jump in its 2-trillion-pound ($2.8 trillion) public debt pile to make its economy net carbon zero by 2050,but quick global action could make the hit less severe than that of the coronavirus pandemic, a fiscal watchdog said.

Asia shares volatile as China tech worries remain

Asian share markets were volatile on Tuesday, after Australia’s central bank flagged some tapering in its quantitative easing programme and concerns over the future of China’s powerful technology sector weighed down shares.

Dollar awaits Fed minutes, kiwi aloft on rate expectations

The New Zealand dollar rose on Tuesday after a strong business survey pulled forward rate hike expectations there to as soon November, while its Australian counterpart crept higher ahead of its own crucial central bank policy meeting later in the day.

Didi cybersecurity probe blindsides shareholders days after debut

Chinese regulators have gained a reputation for aggressive action, but even hardened investors were shocked by the announcement of a probe into ride-hailing firm Didi (DIDI.N) just two days after its $4.4 billion New York stock market debut.

World shares cling near record highs

World stocks clung close to record highs on Monday as worries about the Delta variant of COVID-19 offset positive sentiment from surging euro zone business activity and a welcome U.S. jobs report.

Chinese regulators suggested Didi delay its U.S IPO – WSJ

China’s cybersecurity watchdog suggested Didi Global Inc (DIDI.N) delay its initial public offering and urged it to review its network security, weeks before the Chinese ride-hailing giant went public, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Categories