The city-state has shown its approval for blockchain technology and has embarked on various projects such as Project Ubin and Project Guardian.
China’s Covid controls are pushing companies to diversify away from a ‘start-stop economy’
A Covid outbreak at Apple supplier Foxconn’s factory shows the continued challenges factories face in trying to maintain operations while preventing infections.
Hong Kong’s stock market halts trade when a typhoon warning is issued – the CEO says that may change
“We’re always looking at how we can enhance the microstructure of our markets, to make sure that investors can participate all the time,” says HKEX CEO Nicolas Aguzin.
Stocks making the biggest moves after hours: Roku, Qualcomm, Etsy and more
These are the stocks posting the largest moves in after-hours trading.
Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead
Many are hoping for a “step-down” in policy that could see a rate increase of half a point at the December meeting and then a few smaller hikes in 2023.
Ark’s Cathie Wood is betting Elon Musk will turn Twitter into a ‘super app’
Twitter may one day look more like WeChat Pay, the digital payments service of Chinese messaging app WeChat, Wood said.
Here’s the key change in the Fed’s statement that’s moving markets
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Sept. 21.
Stocks making the biggest moves midday: Tupperware, Airbnb, Paramount, Estee Lauder and more
These are the stocks posting the largest moves in midday trading.
Wells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapse
The U.S. housing market has been on a roller coaster, taking off in 2020 thanks to easy-money policies, then grinding to a near-halt this year as rates rose.
Private payrolls rose 239,000 in October, better than expected, while wages increased 7.7%, ADP says
Companies added 239,000 positions in October, ahead of the Dow Jones estimate of 195,000, ADP reported Wednesday.