China's Regulatory Moves Knock Chinese Tech Stocks

Chinese technology stocks fell after China's cybersecurity regulator widened its review of several of the country's newest public companies. 


 
Stocks Finish Mostly Lower as Rally Pauses

Stocks were down after the long holiday weekend, with the Dow industrials leading the market lower with a 0.6% decline. 


 
Bitcoin Fraud Concerns Draw Scrutiny From Regulators

Cryptocurrencies didn't get much attention in Washington until recently. Now regulators are signaling they want more control over an asset that has pushed further into Wall Street activities without investor and consumer protections. 


 
China Targets Firms Listed Overseas After Launching Didi Probe

China said it would tighten rules for companies seeking to sell shares abroad and strengthen oversight of overseas-listed companies, moves that follow scrutiny of Didi Global and could hinder attempts by homegrown firms to raise money in the U.S. 


 
Market for Bonds Meant to Keep World Cool Heats Up

Sales of bonds with borrowing costs linked to climate change have accelerated dramatically this year, led by companies with high carbon emissions, such as Canadian pipeline operator Enbridge and Italian energy giant Enel. 


 
U.S. Services Sector Slowed in June

Activity in the U.S. service sector continued to grow at a high pace in June, but the growth rate eased compared with the previous month amid cooling demand and labor shortages, data from the Institute for Supply Management showed. 


 
San Francisco's Slow Reopening Frustrates City's Small Businesses

The Covid-19 pandemic led tech firms to work remotely, hurting foot traffic and keeping many stores and restaurants closed downtown. 


 
Hong Kong Moves to Speed Up IPOs

Its stock exchange is overhauling a system where investors must wait at least a week for a newly priced stock to start trading, an effort to help keep the Asian financial hub competitive as a listing venue. 


 
Private-Equity Firms Look for Ways to Avoid Higher Taxes

Private-equity firms are brainstorming for ways to avoid a big tax increase if Congress follows through on threats to eliminate a prized tax treatment. 


 
U.S. Oil Prices Retreat After Briefly Hitting Six-Year High on OPEC Standoff

Oil prices whipsawed after a Saudi Arabia-backed plan to boost output and tame the price rally failed to garner agreement.

(END) Dow Jones Newswires

07-06-21 2115ET