Business / Stock Market

EU watchdog asks Valneva for more data on COVID shot, shares slump 25 Apr 2022 - 05:18 pm

PARIS: Valneva's shares tumbled on Monday after the French company said The European Medicines Agency (EMA) has asked for more data on its...

India's crypto exchanges block deposits via state-backed system, stir alarm 13 Apr 2022 - 09:27 am

New Delhi: Big Indian crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of cryptocurrency using a widely-used state-backed...

Nomura expects Indian IPO market to pick up in second half 12 Apr 2022 - 11:52 am

Nomura Holdings Ltd. expects initial public offerings in India will regain momentum in the second half of this year as indicated by increasing...

Musk reveals 9.2% stake in Twitter, shares surge 26% 04 Apr 2022 - 02:33 pm

Tesla Inc Chief Executive Officer Elon Musk has built a 9.2% stake in Twitter Inc , a regulatory filing showed on Monday, potentially...

Bitcoin breakout is making proponents wary of another fakeout 03 Apr 2022 - 06:45 pm

Bitcoin broke out of its narrowest trading range in months in the waning days of March following a rough start to the year....

Bitcoin rally cools as specter of crypto sanctions raised 02 Mar 2022 - 06:44 pm

Bitcoin edged marginally higher after rallying more than 16% over the past two days as government officials raised the possibility of expanding sanctions...

Indian Cabinet said to allow 20% foreign direct investment in LIC 26 Feb 2022 - 01:44 pm

India’s cabinet is said to have approved a proposal to allow overseas investors to own 20% of Life Insurance Corporation, according to a...

Asian stocks plunge after Putin announces action in Ukraine 24 Feb 2022 - 08:48 am

Beijing: Asian stock markets plunged and oil prices surged to nearly $100 a barrel Thursday after President Vladimir Putin announced Russian military action...

Facebook owner Meta set for $200 billion wipeout, among worst in market history 03 Feb 2022 - 01:19 pm

Facebook parent Meta Platforms Inc. is set to shed about $200 billion in market value, in what would be one of the biggest...

Alphabet stock split aimed at bringing Google shares to masses 02 Feb 2022 - 12:26 pm

Alphabet Inc. is bringing big stock splits back to the market, so prospective buyers won’t need upwards of $3,000 to own a share....

Shionogi jumps after Covid-19 antiviral pill seen effective 01 Feb 2022 - 09:50 am

Japanese drugmakerShionogi& Co. shares rose the most in more than 20 months after disclosing its antiviral pill for Covid-19 was effective in a...

Binance restricts Nigerian crypto accounts on security concern 30 Jan 2022 - 02:36 pm

Binance Holdings Ltd., one of the world’s biggest crypto exchanges, said it restricted the personal accounts of some Nigerian users to comply with...

Apple shares hold up to tech rout on strong results, metaverse tease 28 Jan 2022 - 07:45 pm

Apple Inc shares rose over 4% on Friday after the iPhone maker reported blockbuster results and teased its metaverse ambitions, holding out against...

Crypto giant Binance hopes Russia will help regional growth 27 Jan 2022 - 06:07 pm

MOSCOW: Binance, the world's largest cryptocurrency exchange, wants to expand in Russia and neighbouring states where it sees prospects for new regulations that...

LG energy doubles in debut after Korea’s biggest IPO on record 27 Jan 2022 - 12:51 pm

South Korea’s LG Energy Solution soared in its first day of trading in Seoul, following the country’s biggest initial public offering on record....

Bitcoin has lost half its value since hitting record high 22 Jan 2022 - 02:51 pm

Bitcoin extended its decline on Saturday, and has shed more than 50% from its record high in November while adding further momentum to...

Crypto enthusiasm prompts Philippine Bank to launch trading 20 Jan 2022 - 10:38 am

Union Bank of the Philippines plans to offer trading and custodial services for cryptocurrencies to capitalize on fast adoption of digital tokens in...