By Echo Wang (Reuters) – Wall Street’s main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID case[...]
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December 28, 2022
U.S.-listed Chinese tech companies cancel HK-listing plans: The Information
(Reuters) – Major U.S.-listed Chinese companies, including Pinduoduo Inc and Full Truck Alliance Co, have put discussions about a potential Hong Kong listing on hold, The Information reported on[...]
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Equities fall, oil pares losses with 2023, China reopening in focus
By Sinéad Carew NEW YORK (Reuters) – Equity indexes edged lower on Wednesday while oil prices tumbled as investors trudged toward 2023 weighing hopes for a potential economic boost from China[...]
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Google, YouTube content providers must face U.S. children’s privacy lawsuit
By Jonathan Stempel (Reuters) – A U.S. appeals court on Wednesday revived a lawsuit accusing Alphabet Inc’s Google and several other companies of violating the privacy of children under ag[...]
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Oil settles lower in light trading on China demand concerns
By Shariq Khan NEW YORK (Reuters) -Oil prices settled lower on Wednesday as traders weighed concerns over a surge in COVID-19 cases in China, the world’s top oil importer, against the chances ea[...]
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Dollar hits one-week high vs yen amid reset in investor expectations
By Hannah Lang WASHINGTON (Reuters) – The dollar touched a one-week high against the yen on Wednesday, boosted by a jump in Treasury yields and investor expectations for a rebound in Chinese gro[...]
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Crypto exchange Kraken to stop operations in Japan
(Reuters) -U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current market conditions in the country and a weak crypto market globally.[...]
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What investors watch out for in emerging markets in 2023
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – It has been a rough 12 months for emerging markets that have seen more governments stumble into default, currencies suffer and dou[...]
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Sam Bankman-Fried to enter plea in FTX fraud case
By Jonathan Stempel NEW YORK (Reuters) – Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars in customer funds at hi[...]
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