The Hong Kong exchange building. Vincent Isore | IP3 | Getty Images Initial public offerings (IPOs) in greater China jumped in the first half of this year, bucking the declines seen elsewhere due to the impact of the coronavirus pandemic. In the first six months, listings in greater China were up 29% and the amount
U.S. and China flags along Pennsylvania Avenue in Washington, D.C. on Jan. 17, 2011. Andrew Harrer | Bloomberg | Getty Images Delisting Chinese companies from U.S. stock exchanges is “a pointless drive” that will neither deny those firms access to American capital markets nor hurt China’s growth, according to a report by think tank Peterson Institute for
Traders work on the floor of the New York Stock Exchange (NYSE) on March 17, 2020 in New York City. Spencer Platt | Getty Images Dow Jones Industrial Average jumps 92 points Record jobs report Wall Street started the session with sharp gains after the government reported that a record 4.8 million jobs were created in June.
Protesters chant for five demands during street protests on Hennessy Road, Wan Chai, Hong Kong, China on July 1, 2020. Tommy Walker | NurPhoto | Getty Images About 370 protesters were arrested in Hong Kong on Wednesday — 10 of them were apprehended for breaching the new security law just one day after it took
The Federal Reserve on Wednesday released the minutes from its June 9-10 meeting, during which it held interest rates steady and said it expects loose policy to prevail until the economy gets back to normal. Officials also had an in-depth discussion about capping bond yields and strengthening its guidance about where policy will be set