Dow Jones

US stocks

Markets unsettled by violent insurrection in Washington despite 'blue wave' cheer

Before the pro-Trump rioters invaded the capitol, financials hit a 1-year high and were still higher on the day.

Covid-19

Chinese Covid-19 numbers not fake: Berkeley Professor

There’s no real reason to doubt Chinese statistics, said Professor Arthur Reingold at an online forum organised by Matthews Asia, the US’s largest Asia-only investment firm. 

IPO

GIC, Temasek unit said to be among anchor buyers of SBI Life's IPO in India

SINGAPORE (Sept 20): SBI Life Insurance, a joint venture between State Bank of India and BNP Paribas Cardiff, is said to have received strong initial responses to the launch of its initial public offering (IPO) today.

Great Eastern may sell Malaysian operations for close to US$1 bil

SINGAPORE (Sept 19): Singapore’s Great Eastern Holdings is said to have engaged at least one Malaysian bank to explore selling its stake in its Malaysian operations for as much as US$1 billion ($1.35 billion).

1MDB Watch

Miranda Kerr surrenders US$8.1 mil of jewellery gift from Jho Low to US Justice Department

(June 27): Australian supermodel Miranda Kerr has surrendered US$8.1 million ($11.2 million) worth of jewellery to the US Justice Department, reported Dow Jones.
Trading floor

Global Markets

'Trump Thump' whacks bond market for US$1 trillion loss

NEW YORK (Nov 14): Donald Trump's stunning victory for the White House may mark the long-awaited end to the more than 30-year-old bull run in bonds, as bets on faster US growth and inflation lead investors to favor stocks over bonds.
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