China’s top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.
Schlagwort-Archiv: Markets
China’s central bank is ‚quite worried‘ about global risks from some digital currencies
Meanwhile, the People’s Bank of China’s digital yuan now has more than 10 million users, Fan Yifei, a deputy governor at the central bank, said Thursday.
Don’t give up on value trades because ‚the economy is on fire,‘ Credit Suisse’s Jonathan Golub says
Credit Suisse’s Jonathan Golub isn’t jumping on the growth stock bandwagon.
Dow drops 350 points amid global economic recovery concerns, bond yields slide
The major U.S. stock indexes fell on Thursday on concern about the global economic comeback from Covid-19.
Scaramucci says China’s Didi crackdown as assault on capitalism, ‘form of political terrorism’
„We’ve got to give a big pushback to what’s going on because it’s an assault on capitalism,“ Hedge fund founder Anthony Scaramucci told CNBC.
Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff
Satellite imagery and data specialist Planet Labs is preparing to go public, merging with a SPAC to list on the NYSE.
Space company Satellogic to go public via Cantor Fitzgerald SPAC at $1.1 billion valuation
Satellite imagery specialist Satellogic is preparing to go public, announcing plans to merge with a SPAC sponsored by Cantor Fitzgerald.
Wise debut turns the fintech’s founders into billionaires — here’s who else won big
Wise founders Kristo Käärmann and Taavet Hinrikus are now billionaires following the fintech firm’s stock market debut.
Stocks making the biggest moves in the premarket: Devon Energy, Didi, Sunnova, Whirlpool & more
Check out the companies making headlines in midday trading.
Binance CEO says ‚compliance is a journey‘ as world’s largest crypto exchange faces growing crackdown
„Compliance is a journey – especially in new sectors like crypto,“ Changpeng Zhao, CEO of Binance, said in a blog post Wednesday.