Asia stocks are set to start the week under pressure with traders keeping an eye on China Evergrande Group’s debt crisis and the pace of economic recovery.
In the world of finance, leveraged buyouts are sometimes seen as controversial -– the domain of fictional villain Gordon Gekko from “Wall Street” -– where firms borrow large sums of money to buy their targets.
The world’s biggest owner of publicly traded stocks, Norway’s sovereign-wealth fund, is about to get the political go-ahead to insist that all companies in its portfolio have clear targets for cutting CO2 emissions.
The U.S. Securities and Exchange Commission is giving bond markets at least three more months to prepare for a rule revision that industry insiders say would upend trading for some debt securities.
Emerging-market investors are about to find out whether there’s more to worry about in China than just the Evergrande debt crisis.
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