Economy
USA
Investors are turning their attention to prospects that higher taxes could threaten the rally in U.S. stocks as President Joe Biden's administration moves forward with its agenda and seeks ways
to pay for its spending plans.
China
China will strenghten macro policy coordination with other countries and step up imports of high-quality foreign goods and services as the economy makes a steady recovery, vice premier Han Zhang
said on Sunday.
Russia
Russia's central bank raised its key interest rate to 4.5% on Friday, embarking on a monetary tightening cycle triggered by a weaker rouble that pushed inflation higher and geopolitical risks
that stirred market turmoil.
Germany
Germany is considering making all people returning from abroad face quarantine and compulsory COVID-19 tests after infection rates jumped above the level at which authorities say hospitals will
be overstretched.
Japan
Japanese shares rose for a fourth straight session on Friday, as technology stocks bounced back while expectations that low interest rates and big fiscal spending would continue to support global
economic growth kept investor sentiment supported.
Turkey
President Tayyip Erdogan abruptly sacked Turkey's central bank chief on Saturday, two days after a sharp interest rate hike to head off inflation, replacing him with a former ruling party
lawmaker and critic of tight monetaey policy.
France
Finance Minister Bruno Le Maire said he was maintaining a 6% growth target for the French economy in 2021 after the government imposed new restrictions to contain the COVID-19 pandemic in several
French regions, including Paris.
Technology
Coinbase
The U.S. Commodity Futures Trading Commission (CFTC) said on Friday digital asset exchange Coinbase Inc paid $6.5 million to settle charges it reported misleading transaction data that
potentially inflated the apparent trading volume on its professional GDAX platform.
Google
Bank of England Governor Andrew Bailey has been lobbying the British government to introduce a legal requirement for internet giants such as Google to take down financial fraud websites,
according to a report in the Sunday Times.
Resenas Electronics
Japan's Renesas Electronics, a key automotive semiconductor supplier, said on Sunday that production at a fire-damaged plant will take at least a month to restart, potentially worsening a chip
shortage that is disrupting car production.
Tesla
According to a norte published on Friday, the infamous bullish Tesla fund Ark invest expect to see the market capitalization of Tesla to progress as high as $4 trillion in the best-case scenario
by 2025 and a price per share in the $3000 - $4000 range for their bullish scenario.
