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Asia's dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in the region's equity capital markets, after volumes in the first half of the year sank to their lowest in four years. First-half Asia Pacific equity capital markets volumes dropped 16% to $117.2 billion from the same period in 2022, including a 34% drop in initial public offerings (IPOs) to $34.3 billion, Refinitiv data showed. Flatlining activity has prompted some banks like Goldman Sachs to start laying off staff across nearly all major investment banking divisions. ....
Asia's dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in the region's equity capital markets ....
By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) - Asia's dealmakers are counting on a pause in rate hikes globally and an economic reb. ....
Bankers See Stable Interest Rates Reviving Asia's Capital Markets in Second Half usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.