Muted start to second half for Asia stocks as U.S. payrolls loom
Asian stock markets made a subdued start to the second half of 2021 on Thursday, weighed by worries about new coronavirus infections and fresh lockdowns, while bond and currency markets were on edge ahead of U.S. labour data.
Krispy Kreme raises $500 mln after pricing U.S. IPO below range
Doughnut chain Krispy Kreme priced its initial public offering well below the planned range to raise $500 million, indicating a lukewarm reception from investors during one of the busiest weeks for stock market debuts in the United States.
Britain sets out vision for post-Brexit financial services
Britain’s finance minister set out his vision for financial services on Thursday, saying Brexit was a unique opportunity to tailor rules while maintaining high regulatory standards and open markets.
Micron sales beat expectations as chip supplies remain tight, prices high
Micron Technology Inc (MU.O) on Wednesday beat Wall Street estimates for quarterly profit and forecast fourth-quarter revenue above expectations, as tight supplies of memory chips and continued strong demand kept prices high.
S&P 500 flirts with record high as month, quarter draw to a close
Wall Street was muted on Wednesday and the S&P teased its fifth straight record closing high as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.
UK wins financial services carve-out from new global tax rules – FT
Britain is set to secure an exemption for financial services from a new global tax system which was agreed by the Group of Seven economies to squeeze more money out of multinationals like Google, the Financial Times said on Wednesday.
U.S. dollar share of global reserves rises in Q1; euro share slips
The U.S. dollar’s share of currency reserves reported to the International Monetary Fund edged up to 59.5% in the first quarter of the year, from 58.9% in the previous quarter, IMF data showed on Wednesday.
Boom, bust and bewildered: Bitcoin’s year so far
If you’re a bitcoin investor, your nerves may have taken quite a pounding in 2021
Fast and furious first half of 2021 keeps financial markets at full throttle
After the unprecedented pandemic-driven swings in global financial markets last year 2021 was never going to be dull, and so it has proved.
EXCLUSIVE Crypto billionaire Novogratz leads funding for virtual real estate firm
Galaxy Interactive, the venture capital division of billionaire crypto investor Mike Novogratz’s Galaxy Digital, has taken a lead investor role in virtual real estate developer Republic Realm, its managing director said.
