The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Elon Musk’s delayed disclosure of his sizable purchase of Twitter shares last month. The Tesla CEO made his disclosure on April 4, 10 days late of the deadline for filing …
The Hong Kong stock exchange suspended trading for 33 firms over a delay in declaring their annual earnings. Major Chinese developers Shimao Group, Sunac China, and Kaisa Group are among the firms suspended from trading on Friday. Firms listed in …
Hong Kong has been replaced by Shanghai in the world’s top three venues for stock listings as crackdowns in China’s private sectors continue to hurt investor sentiment. Shanghai took over third place after raising $45.6 billion in new initial public …
Australia’s financial regulator imposed additional conditions on three licenses held by the Australian Stock Exchange (ASX) following an investigation on a market outage last year. The Australian Securities & Investments Commission (ASIC) said in a statement on Wednesday that its …
Hong Kong has been replaced by Shanghai in the world’s top three venues for stock listings as crackdowns in China’s private sectors continue to hurt investor sentiment. Shanghai took over third place after raising $45.6 billion in new initial public …
The Hong Kong Stock Exchange and several Australian websites went down after a mass internet service outage. The outage was reportedly caused by glitches on the servers of Akamai, a CDN provider. The Hong Kong Stock Exchange reported that its …
S&P Dow Jones Indices introduced three new cryptocurrency indexes tied to Bitcoin and Etherium to track digital assets performance in cryptocurrency exchanges. The three new cryptocurrency indexes include: S&P Bitcoin Index (SPBTC), S&P Ethereum Index (SPETH), S&P Crypto Mega Cap …
Archegos Capital Management Fund initiated a $30 billion fire sale in the stock market on Monday, resulting in two rough days for investors and potentially costing two investment banks millions of dollars. The massive selloff started as the result of …
US legislators pass Biden’s $1.9 trillion COVID-19 relief package as tech markets and bond yields remain points of concerns for investors. The financial Markets have had a mixed response to the proposed stimulus, with fears rising that an increased inflation …
Futures for the Dow, S&P 500, and the Nasdaq all fell this morning as the US Treasury marks further gains in bond yields that have some investors spooked. Futures for the Dow Jones were down 172 point to 31,261 (-0.6%) …
