The spread of the dangerous virus has spooked global markets and threatened prospects for economic growth.
Tag: Stocks and Bonds
Bank of England Audio Was Leaked, Giving Some Traders an Edge
The British central bank says a supplier, without authorization, provided sound from news conferences ahead of the video feed.
Saudi Arabia Insisted Aramco Was Worth $2 Trillion. Now It Is.
On their fourth trading day, shares closed with a value that eluded the oil company before its initial public offering.
Saudi Aramco to Raise $25.6 Billion in Biggest I.P.O. Ever
Aramco, the world’s largest oil company, set a price for its shares that marks the company’s value at $1.7 trillion.
Alibaba’s Hong Kong Shares Rise, Despite Protests
The Chinese e-commerce giant raised $11.2 billion, the territory’s biggest tally since 2010, showing investor enthusiasm despite worsening demonstrations.
Alibaba Raises Billions of Dollars in Hong Kong, Despite Protests
The $11.2 billion raised is the territory’s largest fund-raising since 2010, showing investor enthusiasm despite worsening demonstrations.
Saudi Aramco Sets Its Market Value at Up to $1.7 Trillion
The world’s largest oil company is providing more data for potential investors in its initial public offering, which is expected next month.
How Bad Is China’s Debt? A City Hospital Is Asking Nurses for Loans
The city of Ruzhou spent big, then used its health care workers to raise money, as local governments look for ways to keep the economy going.
Aramco’s I.P.O. Will Be Less Gigantic Than Promised
The state-owned oil giant is expected to announce soon that it plans to go public. But the stock sale will fall short of Saudi Arabia’s ambitions.
China’s Currency Moves Escalate Trade War, Rattling Markets
The trade war intensified Monday, as Beijing allowed its currency to weaken and the Treasury Department labeled China a currency manipulator.