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The stock has the potential to rise fourfold in the next several years.
Australian hedge fund Bristlemoon Capital has taken a short position in REA Group, betting that a downturn in the country’s housing market could weigh on the property listings company’s earnings…
Hong Kong’s securities watchdog is investigating a suspected case of rigging an initial public offering to create a false impression of demand.
Plus, a Nobel laureate leaves his mark on recessions, AI leverage risk, and does California aspire to be like France?
Indian banker Uday Kotak says the ideal approach to handling volatility in the Indian rupee would be to let it find its own level while continuing to invest in research and innovation.
Saudi Arabia’s economy is expected to shrink by 3.3% this year, the IMF says, as deadly attacks by Yemen’s Houthis and a regional war squeeze the kingdom.
