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Japan exports continue to fall despite global green shoots

Bloomberg Japanese exports dropped for a 12th straight month in November, offering no clear indication yet of a pickup despite recent signs of green shoots in global manufacturing. The value of shipments overseas fell 7.9% in November from a year earlier, dragged down by sliding exports of cars and construction and mining equipment, data from the Ministry of Finance showed ...

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HK sees wild IPO swing from 84% gain to a loss

Bloomberg A Chinese pipe maker endured a rollercoaster debut, finishing the day at a loss after almost doubling during its initial public offering in Hong Kong. Maike Tube Industry Holdings Ltd surged as much as 84% on Wednesday morning, before closing down 5.7%. It’s the latest example of a stock seeing wild swings in its Hong Kong debut. Snack Empire ...

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NMC Health calls short seller attack ‘baseless’

Bloomberg NMC Health Plc said claims made by Carson Block’s Muddy Waters Capital LLC “appear principally unfounded,” after a report by the short seller sent shares tumbling the most on record. “NMC will review the assertions, insinuations and accusations made in the report, which appear principally unfounded, baseless and misleading, containing many errors of fact, and will respond in detail ...

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