Page 40 - Echo Wang News Today

Publishing date: Feb 22, 2021  •  February 22, 2021  •  2 minute read  •  Article content SINGAPORE/MIAMI — Asian stocks rebounded from two-week lows struck on Tuesday as rising commodity prices boosted market expectations of an improved growth outlook, a day after rising U.S. Treasury yields and inflation prospects hit U.S. tech shares. MSCI’s broadest index of Asia-Pacific shares outside Japan ticked up 0.2% after dipping to 719.8, the lowest level in two weeks. The gauge ha...

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/bytedance-not-in-preliminary/"></div>(Reuters) – ByteDance is not in preliminary discussions about listing video app TikTok on the New York Stock Exchange (NYSE), a person familiar with the matter said, following a Chinese media report that talks were underway. The Global Times, published by China’s ruling Communist Party’s official People’s Daily newspaper, said earlier...

ByteDance is not in preliminary discussions about listing video app TikTok on the New York Stock Exchange (NYSE), a person familiar with the matter said,…

The U.S. Justice Department on Wednesday asked two federal appeals courts to put on hold government appeals of lower court rulings blocking restrictions the Trump administration imposed on Chinese-owned app TikTok.

4 Min Read WASHINGTON (Reuters) - The U.S. Justice Department on Wednesday asked two federal appeals courts to put on hold government appeals of lower court rulings blocking restrictions the Trump administration imposed on Chinese-owned app TikTok. Under former President Donald Trump, the Commerce Department sought to ban Apple Inc and Alphabet Inc’s Google app stores from offering TikTok for download to new users and to ban other technical transactions TikTok said would effectively barred th...

The U.S. Justice Department on Wednesday asked two federal appeals courts to put on hold government appeals of lower court rulings blocking restrictions the Trump administration imposed on Chinese-owned app TikTok.

* Dow down 0.39%, S&P 500 down 0.24%, Nasdaq down 0.11% (Adds comment; updates market prices; adds New York dateline; changes byline)

NEW YORK, Jan 23 — The Dow and S&P 500 ended modestly lower yesterday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes for a full economic reopening in the coming months waned. IBM Corp slumped 9.91 per cent and was the top...

(This January 21st story corrects listing day from Thursday to Friday in paragraph 15) (Reuters) - Chinese vaping firm RLX Technology Inc sold shares in its U.S. initial public offering (IPO) on Thursday at $12 a piece, above its target range, to raise $1.4 billion, according to three sources with direct knowledge of the matter. The IPO values Beijing-based RLX at $18.6 billion. The company had set an initial target price range of $8-$10 per share for a sale of around 116.5 million shares. RLX ...

(This January 21st story corrects listing day from Thursday to Friday in paragraph 15)