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Market News

Location American Market News for 6 April 2022
Billionaire Gordon Tang-Backed Firms Buy 21% Stake In Singapore Skyscraper Partly Owned By Alibaba Chip Eng Seng and a joint venture between SingHaiyi Group and Haiyi Holdings are buying a 21% stake in a Singapore office tower partly owned by Chinese e-commerce giant Alibaba.
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2 Surging Russia's war on Ukraine has cleaved the world into two teams: east vs. west.
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Singapore's Crypto Staking Startup Garners $6 Million In Amber Group-Led Funding Round The deal values RockX at $30 million.
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Levi Strauss sold more of its jeans and T-shirts at higher price points, often directly to consumers.
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Russia's Creditors May Have To Choose Between Getting Paid In Rubles Or Not Getting Paid At All The U.S. Treasury blocked payment in dollar reserves, meaning that reputational risk isn't the only drawback to having loaned money to President Vladimir Putin's government.
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Moving The Goalposts: How The Fed Will Fix Distorted Perceptions It Created And What Investors Can Do To Score Three historical indicators of the economy: the yield curve spread, the TIPS breakeven, and the credit spreads, are so distorted right now that the Fed has to bring them back to normal levels to manage expectations.
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Federal Reserve Hints At Bigger Rate Hikes Ahead, Outlines Plan To Shrink Balance Sheet Stocks fell on the prospect of larger rate hikes and the Fed's intent to reduce its holdings by $95 billion a month.
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What bond platforms are offering investors

livemint.com - 6 Apr 2022 20:34
What bond platforms are offering investors Bonds are categorized based on metrics such as tenure, rating and payment frequency
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Analyst: Oil Stock Could Add 45%

Forbes - 6 Apr 2022 20:28
Analyst: Oil Stock Could Add 45% Stifel initiated coverage with a "buy" rating. The firm cited "underappreciated" low carbon business and noted the stock's attractive valuation, saying that the stock could still go up 45%. Plus, Jefferies raised its pri...
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Navi, ABSL file for metaverse, blockchain ETF fund of funds Experts believe that the new themes may not fit into the core portfolio of investors
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Citigroup Reports Before The Open On 4/14 -- Options Contracts Expire The Same Day According to NextEarningsDate.com, the Citigroup C next earnings date is projected to be 4/14 before market open, with earnings estimates of $1.70/share on $18.33 Billion of revenue
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Is money transferred to your relative from abroad taxable? Interest income from a resident bank account and NRO bank account is liable to be taxed at the same rates as ordinary income
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Student Loan Relief: Here's Everything Biden Said Today When Extending The Student Loan Payment Pause What it means for your student loans -- and the future of student loan cancellation.
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Putin, Ukraine And International Law

Forbes - 6 Apr 2022 18:58
Putin, Ukraine And International Law Many experts argued that international law has no teeth because the global community does not have an organized police force to enforce it. If it is so weak, why does it continued to be invoked by Zelensky, Putin and oth...
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The International Energy Agency is joining the Biden administration in an effort to tame prices that have risen sharply since Russia invaded Ukraine.
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EPF accounts: Key things to know about new tax rules The new PF rules will mostly impact the high-income earners.
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Biden Preparing to Announce Pair of SEC Nominees

Wall Street Journal - 6 Apr 2022 18:15
The White House is set to tap aides from each party to fill a pair of openings on the five-member commission.
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Treasury Yields Extend Climb

Wall Street Journal - 6 Apr 2022 17:55
U.S. government bond yields headed for a fourth straight session of gains Wednesday, with investors' growing expectations for rapid removal of stimulus from the Federal Reserve.
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Corning Enters Oversold Territory

Forbes - 6 Apr 2022 17:40
Corning Enters Oversold Territory But making Corning Inc an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of GLW entered into oversold territory, changing hands as low as $34.68 per share.
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Insurers Still Provide Cover for Private Equity

Wall Street Journal - 6 Apr 2022 17:10
The appeal of private bets has yet to diminish for insurers, which should give investors some confidence in private equity's resilience.
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What Elon Musk's 9.2% Stake In Twitter Means For The Company Elon Musk just became Twitter's largest shareholder, sending the stock soaring early this week. Here's why investors should care--and what they should (and should not) do about it now.
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The cryptocurrency startup behind the popular online game has raised $150 million to help it reimburse users after hackers last month stole $500 million worth of cryptocurrency.
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