Asian Shares to Be Pressured, Chipmakers in Focus: Markets Wrap
Asian stocks are set to be under pressure from the open after US shares extended their losing streak to the longest since January.
Asian stocks are set to be under pressure from the open after US shares extended their losing streak to the longest since January.
TikTok is heading to its moment of truth in Washington, with Congress on a fast track to approve a bill aimed at forcing the social-media platform’s Chinese parent ByteDance Ltd. to divest its controversial ownership stake.
Ibotta Inc., a digital marketing software firm that counts Walmart Inc. as a backer, and a group of shareholders raised about $577.3 million in an initial public offering priced above a marketed range.
Federal Reserve Bank of Cleveland President Loretta Mester said monetary policy is in a good place, adding that the central bank shouldn’t be in a hurry to cut interest rates.
Years of calling for better corporate governance in Japan are finally bearing fruit for Amundi SA, Europe’s biggest money manager.
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