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30 Dec

Dow hits all-time high as jobless claims dip

The blue-chip Dow hit an all-time high shortly after markets opened on Thursday, extending a record-setting run as a drop in weekly jobless claims showed no impact yet on employment from the surge in U.S. coronavirus infections.

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30 Dec

S&P 500, Dow to open near peaks after surprise dip in jobless claims

The S&P 500 and the Dow were set to open near all-time highs on Thursday, extending a record-setting run as a surprise dip in weekly jobless claims reinforced confidence in the U.S. economy amid a surge in COVID-19 infections.

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30 Dec

SenseTime shares jump as much as 23% on debut after $740 million Hong Kong IPO

SenseTime Group shares surged as much as 23% from their IPO price on Thursday, adding billions of dollars to the artificial intelligence start-up's market value as it debuted in Hong Kong in the city's final major float for the year.

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30 Dec

Futures subdued as focus turns to weekly jobless claims

U.S. stock index futures rose marginally on Thursday, as easing worries around the Omicron variant put the S&P 500 and the Dow on track to extend record-setting runs, with focus turning to a weekly jobless report to gauge the country's economic health.

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30 Dec

China Evergrande says construction resumes at 91.7% of projects

China Evergrande Group said on Thursday in its Wechat account that 91.7% of its national projects have resumed construction after three months of effort.

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30 Dec

M&A will help Chinese property firms lower debt, PBOC official says

Mergers and acquisitions in the Chinese property market will help firms lower their debt, Zou Lan, head of financial markets at the People's Bank of China (PBOC), said on Thursday.

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30 Dec

Schneider Electric's Clayton on the power of mentoring

Annette Clayton is well aware of how few women there are in the energy industry. She is using her power as one of the most senior females in the field to change it.

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