Tokyo Metro Co.’s shares surged 47% in their market debut, opening at ¥1,630 and peaking at ¥1,768, significantly above the IPO price of ¥1,200. The public offering raised ¥348.6 billion ($2.3 billion), marking Japan’s largest IPO since SoftBank Corp.’s listing in 2018. The deal was oversubscribed more than 15 times,…
Goldman Sachs Group Inc. has downgraded its outlook on Indian equities from overweight to neutral, citing concerns about weakening…
The International Monetary Fund (IMF) has revised its growth forecast for China, reducing its projection for 2024 to 4.8%,…
China has made significant moves to stimulate its economy over the past months, mainly due to mounting economic pressures.…
With shrinking profits and underperforming shares, Tesla Inc. is facing increasing scrutiny as it becomes an outlier among its…
Federal Reserve Bank of Dallas President Lorie Logan said Monday that she sees more interest rate cuts ahead of…
Recently, creditors for Citgo Petroleum have raised significant concerns regarding a proposed court agreement with the US hedge fund…
Sweden is set to implement a new policy that increases payments for immigrants who voluntarily leave the country, with…
At a recent event hosted by the 20-20 Investment Association, Roberto Campos Neto, the chief of Brazil’s central bank,…