
China Steps Up Efforts to Stabilize Markets as Confidence Slumps
Chinese authorities have stepped up efforts in recent days to bolster financial markets in a sign that Beijing
2023-08-18 15:54

Adyen’s $20 Billion Wipeout Caught Almost Everyone by Surprise
Almost no-one saw Adyen NV’s €18 billion ($20 billion) share plunge coming. Prior to Thursday’s 39% drop, the
2023-08-18 14:54

Luxury Maternity Care Center Saint Bella Weighs Hong Kong IPO in 2024, Sources Say
Saint Bella, a Chinese maternity care company that partners with upscale hotels to provide women with luxurious spaces
2023-08-18 13:54

Vietnam Tycoon Loses $18 Billion After EV Maker’s Shares Sink
After an astronomical rise in its first day of trading, VinFast Auto Ltd. is now coming back to
2023-08-18 12:57

Asia Stocks Set to Decline as Selloff Intensifies: Markets Wrap
Shares in Asia are poised to drop as investor concern that monetary policy makers may not be done
2023-08-18 06:58

CVS Tumbles as California Insurer Plans to Upend Pharmacy Model
CVS Health Corp. shares tumbled after Blue Shield of California, one of the state’s largest health insurers, said
2023-08-18 05:55

LL Flooring Slips After Founder Rescinds Second Buyout Offer
LL Flooring Holdings Inc. shares slumped Thursday after its founder withdrew his proposal to buy the flooring business,
2023-08-18 04:19

Tyson Foods Said to Explore Possible Sale of China Business
Tyson Foods Inc., the biggest US meat company, is exploring options including a potential sale of its China
2023-08-17 21:52

Emerging-Market Credit Risk Jumps as Hawkish Tilt Hits Bonds
The emerging-market selloff that started in equities and spread to currencies this month has now gripped bonds, as
2023-08-17 20:52

Adyen Plunges 23% as Record Low Sales Growth Disappoints
Adyen NV’s shares plunged after increased competition in North America contributed to the slowest revenue growth since its
2023-08-17 16:45

Australia’s No. 2 Pension Says Rates May Be High Until 2025
Australia’s second-largest pension fund said the nation’s borrowing costs could stay elevated until as late as 2025, arguing
2023-08-17 14:18

Adani Power Shares Rise After GQG Purchases $1.1 Billion Stake
Adani Power Ltd. shares rose after GQG Partners bought 8.1% of the firm’s total outstanding stock for about
2023-08-17 12:52