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Tencent-Backed Job Site Stock May Extend 45% Drop on Weak Demand

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(Bloomberg) -- A recent plunge in shares of China’s top online recruitment firm may have further to run as the nation’s economic struggles sap...
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China Ex-Central Bank Governor Makes Rare Nod to Deflation Worry

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(Bloomberg) -- Former People’s Bank of China Governor Yi Gang said his nation should focus on fighting deflation, in a rare admission by a...
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Hong Kong Set to Keep Stock Market Closed All Day on Typhoon

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(Bloomberg) -- Hong Kong is expected to scrap trading of its $4.9 trillion stock market on Friday as the city extends a storm warning...
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Union Chief Assails US Steel CEO, Calls Deal for Company Flawed

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(Bloomberg) -- The head of the United Steelworkers said Nippon Steel Corp. needs to rework its deal for United States Steel Corp. to win...
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Oil Heads for Steep Weekly Loss as OPEC+ Delays Supply Hike

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(Bloomberg) -- Oil was poised for a deep weekly loss on persistent concerns about soft demand and ample supply, with OPEC+ delaying a planned...
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CBOE Starts Platform for Trading Private Company Shares

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(Bloomberg) -- CBOE Global Markets Inc. is partnering with a London-based tech firm to create a US trading platform for shares of closely held...
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Dollar, Stocks Face Pressure Ahead of US Jobs Data: Markets Wrap

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(Bloomberg) -- US stocks and an index of the dollar fell ahead of jobs data due Friday that will help determine the size of...
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Malaysian Bonds Luring Unhedged Bets Boost Ringgit Rally

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(Bloomberg) -- Investors are snapping up Malaysian bonds without resorting to hedging, supercharging a rally in the country’s currency that’s Asia’s top performer this...
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Japanese Stocks Set to Slide as Yen Strength Weighs on Exporters

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(Bloomberg) -- Japanese stocks are likely to extend losses on Thursday as a stronger yen weighs on the earnings outlook for exporters while bond...
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Biden to Block Nippon Steel’s Proposed Takeover of US Steel

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(Bloomberg) -- US President Joe Biden is preparing to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp., according to people...
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Germany Ushers In End of Commerzbank Rescue With Stock Sale Plan

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(Bloomberg) -- Germany plans to sell a significant part of its stake in Commerzbank AG as it joins other European governments in exiting lenders...
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Global Stocks Tumble as Flight From Risk Persists: Markets Wrap

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(Bloomberg) -- A global retreat from risk assets continued on Wednesday after fears about the US economy and a move away from big tech...
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