Page 57 - Stk News Today

(Bloomberg) -- A digital security firm owned by Saudi Arabia’s wealth fund drew about $57 billion in orders from institutional investors, in the latest sign of strong demand for share sales in the Middle East. Elm Co. drew orders worth 213.

Prime Minister Prayut Chan-o-cha has ordered the rollout of low-cost antigen test kits (ATK) so people can use them more easily as evidence of Covid-19 infection.

(Bloomberg) -- Europe’s largest asset manager said its wealthy clients in the Persian Gulf are looking beyond U.S. markets and instead focusing more on equities in developing nations like China and India.

(Bloomberg) -- Venture Capital firms Greycroft Partners and Tiger Global Management LLC led a $15 million capital raise by Nigerian startup Bamboo, a platform that allows trading in U.S. stocks from Africa.

(Bloomberg) -- Canada’s stock market rallied 22% in 2021, but investors are betting on more gains as they shift from volatile growth stocks.

(Bloomberg) -- In another week of severe equity turbulence, the S&P 500 saw three of the biggest intraday reversals of the decade, Microsoft Corp. swung 15% in 15 hours, and stock volatility doubled.

(Bloomberg) -- Global risk assets may be tumbling after the Federal Reserve’s hawkish pivot, but the modest reaction in Southeast Asian markets points to a pocket of resilience that offers opportunities to investors.

(Bloomberg) -- Asian stocks may come under pressure Thursday after Federal Reserve Chair Jerome Powell signaled a March interest-rate liftoff and left open the possibility of hikes at each policy meeting. Treasuries slid, the dollar jumped and U.S. shares were mixed.

(Bloomberg) -- Hopson Development’s shares tumbled the most since 2009 after the builder -- seen as one of the safer names among China’s property companies -- said PricewaterhouseCoopers has resigned as its auditor.  U.S.

Argentina reached an agreement with the International Monetary Fund that will allow the country access to new financing, President Alberto Fernandez said Friday.