Ding Yi Feng’s Hong Kong shares plunge on plans to list mainland affiliate

[ad_1] Shares of Hong Kong-listed investment firm Ding Yi Feng Holdings Group International have taken a hit amid speculation that its Shenzhen affiliate plans to list on an international digital…

Asset manager Blackstone to expand private-equity headcount in Singapore

[ad_1] Blackstone, the world’s largest alternative asset manager, will double employee headcount in its private-equity business in Singapore within the next two years, a top executive said, as it looks…

BlackRock to Buy Global Infrastructure Partners for $12.5 Billion

[ad_1] BlackRock has agreed to buy private-equity firm Global Infrastructure Partners for roughly $12.5 billion in cash and stock, a significant push into private-market investments for the world’s largest asset…

Companies Aren’t Done Cutting White-Collar Jobs

[ad_1] After a year of right sizing, employers are looking in the mirror and concluding there is still fat to lose.  Companies including Amazon, Xerox, Google and BlackRock this month…

BlackRock’s New Bitcoin ETF Off to a Monster Start

[ad_1] BlackRock’s new bitcoin fund is on pace to be among the most actively traded exchange-traded funds ever on launch day. More than $761 million of shares in the iShares…

The Companies Cutting Jobs in 2024: Here’s the List

[ad_1] Listen to article (1 minute) Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off.  The labor market…

The Stock Rally Has Stalled. Now Comes Earnings Season

[ad_1] Updated Jan. 7, 2024 12:02 am ET After a recent pullback in stocks, investors are looking to the coming earnings season for clarity on companies’ growth prospects. U.S. stocks…

WSJ News Exclusive | Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry’s Tweet

[ad_1] Billionaire investor Nelson Peltz resigned from his position at the Simon Wiesenthal Center after the Jewish organization urged people not to buy Ben & Jerry’s ice cream. Peltz, who is…

WSJ News Exclusive | Sale of Silicon Valley Bank’s Old Venture Capital Arm Hits a Snag

[ad_1] A process to sell the venture-capital arm of bankrupt SVB Financial, the former parent of Silicon Valley Bank, has fallen flat and creditors are now gearing up for a potential takeover…