Lotus Tech’s debut on the public market hasn’t unfolded as smoothly as Geely anticipated. Within just two weeks of its listing on Nasdaq, shares have plummeted nearly 40%, dropping from $13.80 at the ... ( read original story ...)
Stock market today: Asian shares are mostly higher ahead of a US report on inflation
Shares were mostly higher in Asia on Tuesday ahead of a report on inflation in the U.S. that could sway the Federal Reserve’s timing on cutting interest rates. U.S. futures and oil prices were higher. ( read original story ...)
Apple to open eighth flagship store in Shanghai
The upcoming store will mark the eighth Apple Store in Shanghai, with the already standing seven stores mostly located in core business areas such as the financial hub Lujiazui in East Shanghai's ... ( read original story ...)
The Stock Market Rally: Continued Boom Or Doom Ahead?
It appears that there are some knowledgeable investors and professionals who are hopeful about the beginning of a new bull market, particularly for the S&P 500. ( read original story ...)
IPO Roundup: Boundless Bio, NeOnc Technologies and more
The U.S. IPO market is gearing up for a busy week, with several small issuers preparing to make their debut. It follows a mixed week for new public listings, marked by the 32% surge of social media ... ( read original story ...)
China’s ‘two sessions’ 2024: new mandate, party control push central bank beyond ordinary role
After changes to its leadership and structure, and with draft laws altering its scope, China’s central bank looks to be taking on a different role from years past – one which seems notably distinct ... ( read original story ...)
Stock market today: Asian shares mostly lower, Japan’s Nikkei 225 falls 2.5%
Elsewhere in Asia, South Korea's Kospi fell 0.2% to 2,670.75 and the S & P/ASX 200 in Australia gave up 1.5% to 7,727.60. On Friday, the S & P 500 fell 0.7% from its all-time high set a day before, ... ( read original story ...)