Recent Posts

Oil slips below $56 on uncertainty from German coalition talks to OPEC

Bloomberg Oil held near $56 a barrel as markets digested political uncertainty from Germany to the Middle East and anticipation about OPEC’s next move kept traders on the defensive. Futures slipped as much as 1.7 percent in New York after rising 2.6 percent. In Germany, the breakdown of talks to form a new government coalition raised questions about the future ...

Read More »

Orsted sells thousand-year green bond in step away from oil

Bloomberg Orsted A/S, the Danish company built on oil and gas extraction, will issue its first green bonds as it moves towards completing a transition to renewable energy. Orsted, which sold its oil division earlier this year, plans to offer a hybrid note due in 3017 (it’s a 1,000-year bond) and a senior unsecured bond maturing in 2029, the company ...

Read More »

Mom-and-pop pile into Hong Kong IPOs in $163bn bonanza

Bloomberg Mom-and-pop investors haven’t been this crazy for Hong Kong initial public offerings since 2009. Hong Kong retail stock buyers placed orders for $163 billion worth of equity in this year’s major deals, according to data compiled by Bloomberg. That’s equal to more than three quarters of the territory’s monetary base. The most popular was China Literature Ltd., a local ...

Read More »
Send this to a friend