Page 59 - Stk News Today

(Bloomberg) -- Thailand is considering taxing stock trading for the first time in more than three decades, and making crypto traders part with a share of their profits, as the government hunts for revenue to fund billions of dollars in pandemic relief.

(Bloomberg) -- After a selloff that put global stocks on course for their worst month since the start of the pandemic, strategists from Goldman Sachs Group Inc. to Citigroup Inc. say it’s now time to buy.

(Bloomberg) -- The Treasury market appears more likely to respond in a logical way to Wednesday’s Federal Reserve communications because of indications that the past week’s U.S. stock-market bloodbath cleared out a crowded camp of bets on higher yields.

(Bloomberg) -- JPMorgan Chase & Co., which raked in more investment-banking fees in Latin America than any of its competitors last year, plans to hire more than 500 people in the region as it gains market share and builds on its success in acquisition finance.

(Bloomberg) -- Asian stocks looked set for a choppy start Tuesday after U.S. shares wiped out a 4% rout to close higher in a wild session roiled by concerns over Federal Reserve policy tightening and geopolitical tension. Futures for Japan, Australia and Hong Kong pointed lower earlier.

(Bloomberg) -- Mediterranean Shipping Co. said it’s seeking a controlling stake in new Italian flag carrier ITA Airways through a deal that would also include Deutsche Lufthansa AG.

Global traders already on tenterhooks over this week’s key Federal Reserve meeting had their nerves frazzled further Tuesday by Australian inflation data that smashed expectations, a surprise monetary tightening in Singapore and further volatility in U.S. equity futures.

(Bloomberg) -- Fidelity Investments led a funding round for Brazilian digital lender Creditas in a private fundraising that valued the firm at $4.8 billion, making it one of Latin America’s most valuable financial upstarts.

Monday’s U.S. market action was wilder than most in its history, with the S&P 500 falling about 4% before ending slightly higher.  While positive turnarounds are often viewed as a good sign, that might not be the case here.

(Bloomberg) -- A United Arab Emirates investment firm linked to an influential member of Abu Dhabi’s ruling family has emerged as a backer of one of the largest funds in venture capital history, joining forces with New York-based Alpha Wave to deploy $10 billion from India to the U.S.