Coinbase Global Inc shares jumped 11% in early trading on Thursday, a day after the cryptocurrency exchange went public in a high-profile debut on the Nasdaq that briefly valued it…
Category: Business
Canada’s budget to include pandemic and childcare supports, luxury tax
Liberal Prime Minister Justin Trudeau's first budget in two years will also set aside C$12 billion ($9.6 billion) to extend wage and rent subsidy programs to the autumn, the Toronto…
Australia’s Orocobre buying Galaxy for $1.4 bln to create world No.5 lithium miner
Australian lithium miner Orocobre Ltd is buying smaller domestic peer Galaxy Resources for $1.4 billion to create the world's fifth most valuable producer of the key raw material for electric…
ESR, GIC to buy Australian logistics property portfolio from Blackstone for $2.9 bln
Logistics real estate manager ESR Cayman Limited said it will join with Singaporean sovereign wealth fund GIC to buy an Australian portfolio from Blackstone for A$3.8 billion ($2.9 billion). The…
China NDRC approves 16 fixed-asset investment projects worth $6.96 bln in Q1
China's state planner said on Monday that it approved 16 fixed-asset investment projects worth a total of 45.4 billion yuan ($6.96 billion) in the first quarter of this year. The…
China’s Ant explores ways for Jack Ma to exit
The Wall Street Journal previously reported that Ma had offered in a November meeting with regulators to hand over parts of Ant to the Chinese government. Officials from the central…
No knockout, but new U.S. sanctions add to Russia’s ‘slow destruction’
For all the insouciance with which markets treated Washington's latest sanctions on Russia, its move to target Moscow's main funding avenue - the rouble bond market - has in some…