As FTX US filed for bankruptcy, Voyager announced the re-commencement of the auction process of its assets This caused VGX to rally astronomically in the past 24 hours Bankrupt crypto lender Voyager [...
Tag: ReOpening
Goldman Sachs CEO says he expects a ‘reopening’ in capital markets next year
Goldman Sachs CEO David Solomon said Thursday that he expects capital markets to recover in the upcoming months. “I think what we’re going through at the moment is a reset of valuation exp...
China Stocks May Rally 20% on a Full Reopening, Goldman Says
(Bloomberg) — Strategists at Goldman Sachs Group Inc. say a complete China reopening will drive a 20% gain in Chinese equities, citing signs that the government may be starting to prepare for a ...
China Traders Gripped by Frenzied Reopening Talk as Stocks Soar
(Bloomberg) — Trading desks across China have become inundated with unverified talk of a shift in Xi Jinping’s Covid Zero policy, sparking an epic rally in stocks and underscoring just how despe...
Lotte Duty Free Uses Japan’s Visa-Free Reopening To Tourists To Pump Up Korean Sales
A relaxation of travel restrictions to Japan may revive the fortunes of Lotte Duty Free’s store in … [+] Ginza, Tokyo. Lotte Duty Free Lotte Duty Free is stepping up promotional activity i...
Disney World In Florida Reopening On Friday After Hurricane Ian
Topline Disney plans to reopen its Walt Disney World theme park and Disney Springs shopping area in Orlando, Florida, starting on Friday in a “phased approach,” the company said Thursday, after Hurric...
Travel Plays Fly On Hong Kong & Macau Reopening, PBOC Pumps Brakes On CNY Depreciation
China Last Night KraneShares Key News Asian equities were off with an emphasis on growth stocks except for Hong Kong, as internet stocks outperformed. Hong Kong finally saw some positive catalysts as ...
Hong Kong Reopening Announced Along With Pro-Consumption Policies
China Last Night KraneShares Key News Asian equities had a positive day on light volumes led by growth stocks across the region. The Hong Kong government announced ending its hotel quarantine for fore...
Starbucks Stores In Russia Reopening As ‘Stars Coffee’
Topline The first of 130 former Starbucks coffee shops resuming business in Russia under the name Stars Coffee opened its doors in Moscow on Thursday — making it the latest rebranding of a Western cha...
McDonald’s Unveils Ukraine Reopening Plans After Spurning Russia
Topline McDonald’s will soon resume operations at some of its Ukraine locations after shuttering for six months, according to a note sent to employees Thursday morning, following the fast food giant’s...
Voyager Digital Gets Court Approval For Withdrawal Reopening
Troubled crypto lending firm Voyager Digital announced it will enable cash withdrawals on Thursday after the court had approved it. Customers with cash in their accounts can expect withdrawals to reop...
New Zealand’s borders are fully reopening after more than two years
After more than two years, New Zealand is fully reopening its borders and welcoming back all international travelers. The country is reopening on July 31, some three months earlier than previously ann...
Jim Cramer: buy these stocks to play China reopening
China is easing COVID restrictions after two months of lockdown, which, as per Jim Cramer, warrants buying a bunch of U.S. stocks. Cramer says Nike Inc will benefit A name that particularly pops out t...
China’s Reopening is No Blossoming of Energy Markets
A transit officer, wearing a protective gear, controls access to a tunnel in the direction of Pudong … [+] district in lockdown as a measure against the Covid-19 coronavirus, in Shanghai on Marc...
Is Kazakhstan Reopening Its Doors To Crypto An After Initial Ban?
In order to give a fresh push to cryptocurrency adoption, Kazakhstan’s government has announced the launch of a pilot project for the crypto exchanges. Meanwhile, this major update has come after Bina...
Experts See Fresh Opportunities In Chinese Stocks With Economic Activity Set To Rebound After Shanghai Reopening
Topline Global markets have recently benefited from positive news out of China, which is lifting coronavirus lockdown restrictions in Shanghai and reportedly easing regulatory crackdowns on its tech s...
Reopening Continues As Hello Group Inc. Beats
Key News Asian equity markets were mixed overnight on light volumes as South Korea underperformed. Investors clipped gains in Hong Kong’s clean technology ecosystem stocks following yesterday’s strong...
Ukraine’s Cinemas, Museums And Theaters Start Reopening As Russia’s War Targets Cultural Sites
Topline The Theater on Podil in Kyiv, Ukraine, reopened over the weekend for the first time since Russia invaded the country, the Associated Press reports, marking the latest cultural institution in U...
Dow Jumps 300 As China Reopening Boosts Markets, But Investor Sentiment Remains ‘Precarious’
Topline Markets moved higher on Monday as stocks tried to rebound from a losing week; investor sentiment rose thanks to positive news out of China, which looks to be easing coronavirus lockdown restri...
Stocks Rise as China Reopening Offsets Rate Fears: Markets Wrap
(Bloomberg) — Stocks in Europe gained along with US equity futures Monday as Beijing further eased Covid restrictions, helping soothe a fragile mood amid inflation and rate-hike concerns. Treasu...
The next reopening trade has arrived
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, May 31, 2022 Today’s newsletter is ...
U.S. stock futures rise in holiday trade as Shanghai sets reopening plans
U.S. stock futures rose on Monday in light holiday volume, helped by plans from the world’s number-two economy to lift some restrictions as it fights COVID more aggressively than the rest of the world...
China’s Reopening Plans Spark Rally in Consumer Stocks, Yuan
(Bloomberg) — The yuan and Chinese consumer stocks rallied as key cities eased Covid restrictions, spurring bets that the worst of the economic impact from strict lockdowns is over. Most Read fr...
China Eases Covid Testing Requirements For U.S. Travelers, Shanghai Inches Towards Reopening
Topline Chinese authorities have eased Covid-19 testing requirements for travelers flying from the U.S. and a few other countries as China seeks to restore normalcy after its economy was hit by pandem...
Covid-Hit Shanghai To Allow Gradual Reopening Of Malls And Markets, Xinhua Says
Members of a disinfection crew ride bicycles down a street in Shanghai, China on Saturday, May 7. … [+] Source: Bloomberg © 2022 Bloomberg Finance LP Shanghai will gradually allow shopping malls...
Caribbean Creative Sector Set For Mass Reopening Post COVID
MONTEGO BAY, JAMAICA – APRIL 25: (L-R) Cast members Léa Seydoux, Ana de Armas, Daniel Craig, Naomie … [+] Harris and Lashana Lynch attend the “Bond 25” Film Launch at Ian Flemi...
The Travel/ Reopening Play Is Still Thriving. One Fund Manager Shares His Favorite Travel Stocks
Travel stocks got hit hard at the beginning of the pandemic in March 2020, but they’ve been doing much better as investors started to embrace the reopening theme in anticipation of the end of th...
Is the Aussie a buy amid the Australian reopening plans?
The AUD/USD price held steady on Monday morning after the latest Australian business confidence data. It is trading at 0.7127, which is slightly above last week’s low at 0.7053. Australia business con...
New Zealand Will Loosen Its Strict Border Lockdown Next Month Ahead Of Full Reopening In October
Topline New Zealand authorities on Thursday announced plans for a phased reopening of the country’s borders—with restrictions being lifted in October—outlining the end of some of the world’s most stri...