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  • Sep 09, 2024

Asia shares slip, but US and EU futures find a bid

SYDNEY (Reuters) -Asian share markets slipped on Monday as worries about U.S. and Chinese growth weighed on sentiment, though U.S. and European stock futures did manage a bounce while bond yields came off their lows. Data on consumer prices (CPI) from China showed the Asian giant remained a driver of global disinflation, with producer prices falling an annual 1.8% in August when analysts had looked for a drop of 1.4%. Chinese blue chips dropped 1.0% to seven-month lows, having already shed 2.7% last week.

  • Sep 09, 2024

Australia's Domino's served with class action on 'misleading' Japan market comments

The pizza maker, in a market filing on Monday, denied any liability and said it would defend against the legal proceeding. Legal consultancy Echo Law has filed the proceeding on behalf of Domino's shareholders who scooped an interest in the firm by entering equity swap confirmations between Aug. 18, 2021 and Nov. 3, 2021. Echo Law on its website said the class action was in relation to a Domino's announcement made on Nov. 3, 2021.

  • Sep 09, 2024

US bitcoin ETFs bleed $1.2 billion in longest run of net outflows

(Bloomberg) -- US Bitcoin exchange-traded funds have posted their longest run of daily net outflows since listing at the start of the year, part of a wider retreat from riskier assets in a challenging period for global markets.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May St

  • Sep 08, 2024

China to Add Steel, Aluminum and Cement to Carbon Market in 2024

(Bloomberg) -- China will expand its national carbon trading market to include the steel, aluminum, and cement industries at the end of the year, to push the polluting sectors to reduce emissions.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi

  • Sep 08, 2024

Mini-Mart King Hits Billionaire Status in Malaysia’s Hot IPO Market

(Bloomberg) -- Lee Thiam Wah’s first retail venture was selling snacks from a roadside stall in Malaysia. Several decades later, the entrepreneur has transformed that humble beginning into a sprawling retail empire of more than 2,600 convenience stores across the nation.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Studen

  • Sep 08, 2024

New Hedge Fund Gains Backing for Bets on Japan Market Revival

(Bloomberg) -- Hong Kong-based Sengu Capital Ltd. is starting a new hedge fund focused on improving corporate management in Japan, tapping into the country’s financial market revival. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainThe

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