Stocks in Hong Kong sank the most since early June after trading resumed following a Chinese holiday, as worries mounted on China’s weak housing market, while investors were also concerned about persistently high US interest rates.
The head of the Organization of the Petroleum Exporting Countries a group of the world’s major oil producers told CNN Monday that a lack of investment in the oil industry posed a danger to global energy security and could send crude prices to $100 a barrel.
The long-delayed and highly controversial deal to bring Truth Social and the Trump media empire to Wall Street has a new twist – the merger could get terminated by either party.
When UK-based chip designer Arm went public earlier this month, raising $65 billion on the Nasdaq in a matter of hours, hopes swirled among investors that the global market for initial public offerings might be coming back to life after an 18-month slump.
Not so long ago, Wall Street had a particular obsession with ESG investing, which favors companies that promise to make certain strides on the environment, societal impact and corporate governance. Nearly every CEO of a major company touted their firm’s progress toward creating a more sustainable future.