Financial Markets

How Harvard degrees paved the way to world’s biggest SPAC deal

A few years after launching Grab Holdings Inc. in 2012, Anthony Tan got a piece of advice from Jack Ma.…

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US stocks end mixed despite stellar bank earnings

Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite another record intraday high for the latter and big banks’ stellar…

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UK economy expanded in February with end of lockdown in sight

The United Kingdom’s economy grew by 0.4 percent in February from January as companies prepared for the lifting of a…

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US Federal Reserve chair says economy at ‘inflection point’

Federal Reserve Chair Jerome Powell said the U.S. economy is at an “inflection point” with stronger growth and hiring ahead…

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Erdogan says Turkey ‘determined’ to cut interest rates

Recep Tayyip Erdogan says Turkey is determined to bring inflation and interest rates down to single digits, after the lira…

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Foreign lenders cutting ties with Lebanon’s central bank: Sources

Foreign lenders including HSBC and Wells Fargo are cutting ties with Lebanon’s central bank, sources familiar with the matter told…

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Global stocks rise, spurred by surge in US employment data

Global stock prices rose to a one-and-a-half-month high on Monday after data showing a surge in United States employment while…

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Beyond Bitcoin: Ether breaks past $2,000 as crypto gains widen

The world’s second-largest cryptocurrency gained as much as 2.3 percent on Friday, having surged 170 percent this year alone. Ether,…

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Bargain hunters stem brutal rout in Turkish stocks

Losses in Turkish markets slowed on Tuesday as some investors scooped up bargains, pulling the main equity gauge back from…

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Slump in gold prices draws shoppers across Asia

Gold price’s slump to near a nine-month low is drawing jewelry shoppers in Asia to hunt for bargains. After a…

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