Hong Kong’s stock exchange is poised to lose its crown as the world’s leading IPO fundraising venue again, and this time there may be no easy way back. The bourse trails in third place behind the Nasdaq and New York exchanges so far this year, having topped the global rankings in three out of four years between 2015 and 2018. ...

Good things come to those who wait. If you’re a Commerzbank AG shareholder, that could be a very, very long time. The German lender is midway through a revamp that aims to revive profitability, in part, by gaining customers. On May 8, Commerzbank showed it has been steadily winning those new clients. But it’s still far from clear whether the ...

Even before markets opened last week, President Donald Trump set the tone with a pair of tweets that threatened additional tariffs on China and lamented that a trade deal was coming along “too slowly.” Instinctively, investors’ eyes were glued to the S&P 500 Index, watching to see whether it would tumble from its recent record levels. The benchmark hung tough ...