China’s price wars hit investment banking as underwriters charge $100 fees
Bankers say pressure to undercut rivals has become acute as price-sensitive state-owned issuers dominate market
Economic news
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Meme stock 2.0 may prove fleeting
Like bitcoin, meme stocks may best be interpreted as a gauge of the market’s animal spirits
America mustn’t surrender its best weapon in the critical minerals battle
Congress cannot afford to allow the Defense Production Act to expire
Meme stock mania returns as Krispy Kreme and GoPro shares soar
Retail traders inspired by social media pile into stocks targeted by short sellers
Crypto-Spacs put a risky investment in a riskier wrapper
Fusing these together is a bold choice but the acquisition vehicles have a reputation for burning fortunes
The Groucho Marx dilemma facing corporate climate schemes
New framework from Science Based Targets initiative highlights tensions between scale and rigour