The Trump administration on Wednesday will open bidding on drilling leases in a pristine Arctic wildlife refuge in Alaska despite tepid interest from the oil and gas industry and a pledge from incoming Democratic President-elect Joe Biden to protect the region.
Bitcoin traded above US$35,000 for the first time in Asia on Wednesday, rising to a high of US$35,879 and extending a rally that has seen the digital currency rise more than 800per cent since mid-March.
S&P Dow Jones Indices said on Wednesday it will no longer remove ADR stocks of China Mobile Ltd, China Telecom Corporation Ltd and China Unicom (Hong Kong) Ltd, which were previously to be deleted prior to the open on Jan. 7.
China's Alibaba Group Holding Ltd plans to raise at least US$5 billion through the sale of a U.S. dollar-denominated bond this month, four people with knowledge of the matter said, amid regulatory scrutiny of co-founder Jack Ma's empire.
Asian markets were leaning toward a Democratic win in crucial Senate contests on Wednesday as Treasury yields hit 10-month highs on expectations of more debt-funded spending on COVID-stimulus, infrastructure and renewable energy.
U.S. startup Eat Just Inc said on Wednesday that Dicos, one of China's largest fast food chains, has added plant-based egg product supplied by the San Francisco firm to menus at more than 500 outlets across China.
U.S. buyout firm Carlyle Group said on Wednesday it will buy Japan's Rigaku Corp, confirming a media report from earlier in the day that put the deal value at about US$1 billion, as the manufacturer of X-ray-based testing tools plans to go public.
Facebook Inc will again ban political ads in Georgia on Wednesday, after the conclusion of the state's runoff elections, it said in a blog post on Tuesday.
Chinese e-commerce leader Alibaba Group Holding Ltd plans to raise at least US$5 billion through the sale of a U.S. dollar-denominated bond this month, four people with direct knowledge of the matter said.
A federal judge in Alaska on Tuesday ruled that the Trump administration's planned auction of oil drilling leases in the Arctic National Wildlife Refuge could proceed as planned on Wednesday.
