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July 23, 2021 (last updated at 8.30 am)
- Global markets: Wall Street stocks closes higher edging up following a round of mostly good earnings and mixed economic data, Asian stocks look set for a cautious start.
- Australia’s economy trip as Covid lockdowns keep shops and construction shut.
- US-China trade booms as if the protracted tariff war and pandemic never happened.
- China Telecom receives regulatory approval for a primary share sale in Shanghai, set to be the world’s biggest so far in 2021.
- Fund managers struggling with some of the rules guiding the US$35 trillion market for environmental, social, and governance (ESG) investing.
- Singapore sovereign wealth fund GIC upbeat on China tech despite regulatory clampdown.
- Twitter beats revenue targets with ad improvements, shares jumped as much as 9% in extended trading.
- Major websites fell offline in a widespread global outage seems to be fixed.
- Microsoft stock hit new high as Street raises price targets ahead of earnings.
- Uber Freight acquires Transplace for about US$2.25 billion.
- Social media firms Twitter and Snap add users as pandemic restrictions ease.
- Canada’s startup market booms alongside hot global venture capital investment.