The Dow Jones Industrial Average rose 8.14 points, or 0.02%, at the open to 35,879.09.

Dividends slumped last year against the backdrop of the COVID-19 pandemic and as regulatory constraints and government pressures to restrict payments weighed.

The ECB is due to decide on the future of its bond-purchase programmes at its Dec. 16 policy meeting.

The Bank of England is widely expected to raise rates later this year and the Federal Reserve is winding down its bond-buying programme.

Global inflationary pressures present a suitable time for REITs to outperform bonds and stocks.

Binance US has the option to go for an IPO a la Coinbase Inc., CEO Changpeng Zhao says, without ruling out listing the parent company in future.

The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said.

Flipkart Health+ will leverage Flipkart’s pan-India network and SastaSundar’s healthtech expertise to provide consumers access to quality and affordable healthcare—first through e-pharmacy and later e-diagnostics and e-consultations.

PhonePe, part of the Walmart-controlled Flipkart Group, has conducted ESOP buyback worth Rs 135 crore, but the company founders—Sameer Nigam and Rahul Chari—have given it a miss.

Hong Kong tumbled Friday on an otherwise positive day for Asian markets, with Chinese ecommerce titan Alibaba tanking more than 10 percent after warning of a weaker outlook. Alibaba said Thursday that net profit tumbled 81 percent in the second quarter and revenue grew less than forecast as it was hit by the impact of slowing economic growth and a government crackdown on the tech sector.