Between 2011 and 2018, China had about the same number of IPOs as the United States. In 2019, China launched the Star Market in Shanghai to encourage tech companies to go public there. But Chinese ... ( read original story ...)
Stock market today: Asian shares advance ahead of U.S. inflation report
Hong Kong's Hang Seng added 0.3% to 17,767.93, while the Shanghai Composite surged 0.9% to 2,971.18 ... The yield on the two-year Treasury fell to 4.71% from 4.75%. The stock market has been listless this week in the lead up to Friday’s release of ... ( read original story ...)
Stock Market News Today, 6/28/24 – Futures Flat Ahead of PCE Data
U.S. futures hovered near the flatline on early Friday morning as investors awaited the release of the U.S. Personal Consumption Expenditures ( read original story ...)
US and Chinese companies are expecting to raise $500 million from Hong Kong IPOs
Four companies including a Chinese generative artificial intelligence firm and a United States based jet manufacturer launched initial public offerings (IPOs) in Hong Kong on Friday. The companies are ... ( read original story ...)
Nike Stock Tanks Almost 20% To 4-Year Low: Why The Sneaker Giant’s Struggling
Nike’s stock was down 19.2% by 11 a.m. EDT, on pace for its steepest single-day drop since 2001 and the second-worst day in its 44-year history as a publicly traded company. ( read original story ...)
Stock Market News Today, 6/27/24 – Indices Finish Higher amid New Economic Data
U.S. futures were down Thursday morning after the S&P 500 index (SPX) rose yesterday and marked the second consecutive day in the green. Futures ( read original story ...)
Russia’s VTB bank says US sanctions have complicated cross-border transactions
U.S. sanctions imposed on Moscow this month have complicated the foreign trade operations of Russian banks, but they are gradually adapting to the new realities, the finance director of VTB, Russia's ... ( read original story ...)