After a strong start, Hong Kong's Hang Seng Index finished the day down 0.2%. Over in Japan, markets were closed due to a public holiday on Monday, but last week the Nikkei had its worst performance in two years.
A Bavarian startup specializing in online payments nudges Germany's second-largest bank out of the country's DAX index. Analysts say it's the latest sign of fintech firms outshining traditional lenders.
Chinese conglomerate HNA looks set to sell off its remaining stake in Germany' largest lender, Deutsche Bank. HNA has been under mounting pressure to rethink investments in order to reduce its massive debts.
Wall Street is marking the longest ever period of bullish investor sentiment, reflected in the benchmark S&P 500. But the underlying definition of a bull-market run is arbitrary, experts say.
When a little-known online payments firm from a small German town called Aschheim overtakes Deutsche Bank in stock market value, people tend to take notice. What makes Wirecard tick?
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