World Business News
GLOBAL MARKETS-Hope rally turns choppy as hot U.S. inflation looms
Motley FoolWhy Nuvei Stock Fell Off a Cliff TodayShares of Nuvei Corporation (NASDAQ: NVEI), a payment-processing company, were crumbling today after Spruce Point Capital Management, [more]
Asian markets rise as investors await U.S. inflation data
BEIJING — Asian stock markets followed Wall Street higher Thursday as investors waited for U.S. inflation data that might influence the Federal Reserve’s decision on [more]
China Stocks Eye Best 3-Day Gain Since February After PBOC Boost
Motley FoolWhy Nuvei Stock Fell Off a Cliff TodayShares of Nuvei Corporation (NASDAQ: NVEI), a payment-processing company, were crumbling today after Spruce Point Capital Management, [more]
What Happens When Stocks Delist? What to Know If You Own Didi.
Text size The regulatory environment is tough for Chinese stocks, but delisting doesn't happen overnight. Angela Weiss/AFP via Getty Images Didi Global ‘s plans to [more]
With Jack Ma’s ex-student in charge, Alibaba hopes to reverse slide
Trudy Dai, one of Alibaba's 18 founding members, will take charge of a new China digital commerce team in January. Read More
Indian ride-hailing major Ola raises $139m at $7.3b valuation: Report
Ola is preparing to go public in the first half of next year. Read More
Boston Consulting teams up with carbon capture technology company
ZURICH : Boston Consulting Group has teamed up with carbon capture technology company Climeworks to help to develop its business, which focuses on capturing carbon [more]
Edra Energy EGM on Dec 17 to seek RM5.28b bondholders’ approval for revision of terms, conditions
KUALA LUMPUR (Dec 9): Edra Energy Sdn Bhd will hold an extraordinary general meeting (EGM) on Dec 17, 2021 to seek approval from holders of [more]
Govt does not intend to revoke liquor licence policy for eateries, says Tengku Zafrul
KUALA LUMPUR (Dec 9): The federal government does not intend to withdraw any approval granted for liquor licences for the sale of alcoholic beverages, Finance [more]
Africa’s banks take on telcos in battle for upwardly mobile money
BLANTYRE : When Joyce Rejista ran out of money at a music festival she found herself in a familiar fix for villagers across Malawi, needing [more]
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Chainlink price to provide buy opportunity before LINK surges 35%
Chainlink price witnessed a sell-off after setting up a local top at $23.31. The resulting downswing is likely to knock LINK down to $19.03, providing [more]
Clear skies ahead for Malaysian aviation sector, says MAVCOM
KUALA LUMPUR (Dec 9): The Malaysian Aviation Commission (MAVCOM) has forecast a year-on-year (y-o-y) increase in air passenger traffic of between 316% and 525% for [more]
A record number of journalists are in prison right now, according to press freedom report
For the sixth straight year, the number of journalists imprisoned exceeded 250, according to CPJ. "This is a stark reminder of a continuing trend of [more]
A record number of journalists are in prison right now, according to press freedom report
For the sixth straight year, the number of journalists imprisoned exceeded 250, according to CPJ. "This is a stark reminder of a continuing trend of [more]
What Happens When Stocks Delist? What to Know If You Own Didi.
Text size The regulatory environment is tough for Chinese stocks, but delisting doesn't happen overnight. Angela Weiss/AFP via Getty Images Didi Global ‘s plans to [more]
Impact investing can be risk-adjusted and returns-driven too. Catch the full video
Investors are increasingly finding impact investing as risk-adjusted and return-driven just as any other traditional approach. Read More
Sembcorp to develop up to 1.5GW of renewable energy projects in Vietnam
SEMBCORP Utilities, a wholly-owned subsidiary of Sembcorp Industries, has signed a collaboration agreement with BCG Energy, a wholly-owned subsidiary of Vietnam's Bamboo Capital Group, to [more]
EUR/USD stays defensive above 1.1300 as Omicron, inflation concerns loom
EUR/USD consolidates the biggest daily jump in fortnight, pressured around weekly top. Risk-off mood underpins US Treasury yields, DXY ahead of US CPI. Omicron, geopolitics [more]
Bursa gains traction with Axiata and IHH leading uptrend
KUALA LUMPUR (Dec 9): Bursa Malaysia has gained some traction at midday in sync with global bourses, with heavyweights Axiata Group Bhd and IHH Healthcare [more]
Why MATIC price could soon see a meteoric rise toward the round level of $4
MATIC price is preparing for a 62% surge toward $3.84 following its swift recovery. The bulls are eyeing a massive rally for Polygon as it [more]
Mah Sing launches M Astra sales gallery
PETALING JAYA (Dec 9): Mah Sing Group Bhd officially launched its M Astra sales gallery on Thursday. M Astra is a high-rise mixed-development project comprising [more]
USD/CHF Price Analysis: Looks to monthly support around 0.9200
USD/CHF eases from intraday high, snaps two-day downtrend. Sustained trading below key SMAs, bearish MACD signals favor sellers. 61.8% Fibonacci retracement, short-term rising trend line [more]
Global supply chain: Lego to build $1bn factory in Vietnam
Image source, Getty ImagesLego has announced plans to build a new manufacturing operation in Vietnam to keep up with growing demand for its products in [more]
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Accelerate Energy Transition While Recognizing Role Of Oil And Gas, Say Industry Bosses
The floor of the 23rd World Petroleum Congress in Houston, Texas, USA. Gaurav Sharma, December 6, 2021 The 23rd World Petroleum Congress (WPC) - widely [more]