The top United States securities regulator has unveiled a planned overhaul of Wall Street retail stock trading rules, aiming to boost competition for handling orders by commission-free brokerages to ensure mom-and-pop investors get the best price for trades. On Wednesday, US Securities and Exchange Commission (SEC) Chair Gary Gensler told […]
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Asian Markets Mixed After Wall St Bond Sell-Off | Business News
By JOE McDONALD, AP Business Writer BEIJING (AP) — Asian stock markets were mixed Tuesday following a bond sell-off on Wall Street amid anxiety about higher U.S. interest rates. Shanghai and Tokyo advanced while Hong Kong and Seoul declined. The yen, already trading at two-decade lows, fell further to below […]
Tussle over spectrum for private networks deepen, 5G auction may be delayed, Telecom News, ET Telecom
5G spectrum auction may be delayed as the tussle over spectrum for private networks has again come to the forefront. The Digital Communications Commission, the highest body of the department of telecommunications, decided not to allot 5G spectrum directly to private companies. However, this has ruffled many feathers which may […]
Asian Shares Rise, China Trading Closed for National Holiday | Business News
By YURI KAGEYAMA, AP Business Writer TOKYO (AP) — Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. Trading was closed in China for the Dragon Boat Festival, a national holiday. Benchmarks in the rest of the region edged […]
Asian Stocks Mixed, Oil Prices Shoot Past $115 | Business News
By ELAINE KURTENBACH, AP Business Writer Asian shares were mixed Tuesday after reports showed China’s manufacturing slowdown is moderating as anti-virus curbs on businesses in Shanghai and Beijing ease. U.S. futures edged higher after markets were closed in New York on Monday for Memorial Day. European shares advanced on Monday. […]
Asian Shares Mixed After Wall St Barely Misses Bear Market | Business News
By ELAINE KURTENBACH, AP Business Writer Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market on Friday. Tokyo and Sydney were higher Monday while Hong Kong and Shanghai declined. Investors were awaiting minutes from the latest policy setting meeting of […]