Bloomberg GameStop Corp. shares continued their rapid fall back toward earth on Wednesday, with last week’s massive peak becoming a distant memory. The stock listed on Germany’s Tradegate venue falls to $71.99, implying a drop of about 20% from Tuesday’s New York closing price of $90. GameStop, the poster child for Redditors looking to squeeze short sellers, plunged 60%, and ...

Bloomberg South Korea bowed to pressure from its increasingly dominant retail investors and extended its pandemic-imposed ban on short-selling until May 2. The ban, which had been scheduled to expire on March 15 — a year after it was put on place — will be lifted on May 3 for stocks on the benchmark Kospi 200 Index and the small-cap ...

DUBAI / WAM The UAE Government has launched a programme to attract elite graduates from distinguished educational institutions in the UAE and the world, and involve them in creating innovative solutions for the UAE’s future. The “Moonshot 2071” Apprenticeship Programme, will seek to develop pioneering ideas for the UAE’s next 50 years, and design the future of governments. Organised by ...