BUSINESS
What happens to stocks when the Fed hikes: A historical guide
With the Fed preparing to hike rates, it’s worth wondering if the S&P 500, which is still up almost 90% since bottoming on March 23, 2020, is running out of steam
BUSINESS
Here’s how oil’s historic surge is impacting Asia stock markets
Risks of a rise in consumer prices and disruption to current-account balances have triggered strong foreign outflows from equities in markets like India and South Korea in recent days.
BUSINESS
Indian billionaire bets $4 billion on oil hunt amid price surge
India’s Cairn Oil & Gas, a unit of Vedanta Ltd., will spend as much as $4 billion over the next three years to more than triple its production, as high prices make investments attractive.
BUSINESS
Bitcoin boom or crypto winter? Some technical levels to watch
If Bitcoin manages a sustainable break above key resistance at $45,000, that opens the door for $54,000 next, said Christopher Grafton, managing director at Vectisma Ltd.
BUSINESS
What LNG can and can’t do to replace Europe’s imports of Russian gas
The extent to which global LNG supply can expand is constrained, however, setting Europe up for a battle for supply with Asian buyers.
WORLD
Joe Biden set to call for end of Russia’s preferred trade status
Joe Biden's announcement to revoke the trade privileges will come alongside the Group of Seven nations and European Union leaders, the people familiar with the matter said.
BUSINESS
Rihanna's lingerie company Savage X Fenty likely to launch $3 billion IPO
Representatives for Savage X Fenty, Goldman Sachs and Morgan Stanley didn’t immediately respond to requests for comment. The company raised $125 million in January in a funding round led by Neuberger Berman.
BUSINESS
China tech sees ‘indiscriminate selling’ on US delisting fears
Chinese tech shares tumbled to a fresh low, tracking overnight weakness in their US peers, as renewed regulatory concerns unnerved investors still reeling from wild price swings this week.
