Author: News Desk

Wall Street IPO activity slows as weak demand halts listings Wall Street’s run of initial public offerings is faltering as weak demand and concerns over valuations lead to several paused listings in the US. The delay to Anthropic’s highly anticipated public debut has sent a chill through equity markets in recent weeks, according to the Financial Times. China closes record number of banks amid stability concerns China shut down more than 670 lenders last year—a record figure—as rating agency Fitch described smaller players as the sector’s weakest part. The closures form part of wider efforts to shore up China’s financial…

Read More