China memory chipmaker CXMT set for Shanghai debut after Asia’s biggest IPO

The clouds of debt maturities and nonperforming loans haven’t entirely cleared from the country’s largest banks, but the shine of artificial intelligence and data center development is erasing the shadows cast by Wall Street’s anxieties over pandemic-era loans. AI dominated the conversation across earnings calls for five of the country’s largest banks Tuesday as concerns…

With well over 170 ETFs on the market covering diverse investment strategies, State Street offers a prime window into which funds — and market trends — are leading the pack in the near term. Key Takeaways: Across State Street’s 170+ ETFs, the top five performers this past month are all tied to the healthcare industry….

Curinos, a global data intelligence firm serving the financial industry, is relocating to Marx Realty’s 10 Grand Central after signing a 14,000-square-foot lease, Commercial Observer has learned.  Curinos will move from its current office about two blocks north at 485 Lexington Avenue, though it is unclear when the move will happen. SEE ALSO: Pure Paws…

“The bill would straitjacket the District because it would paralyze our tax code,” said D.C Council Chairman Phil Mendelson. “If Congress cannot approve our judges, and could not fix last year’s continuing resolution error, then it is highly unlikely to affirmatively approve DC tax bills.”Bloomberg News The strained relations between Washington D.C. and the Congress…

An 865,000-square-foot tower along Bryant Park is looking for a new owner.  The office tower at 10 Bryant Park, also known as HSBC Tower, is seeking more than $800 million, sources familiar with the plans told Bloomberg. Newmark’s prolific deal-making team, made up of Adam Spies, Adam Doneger and Avery Silverstein, has been tapped to…

Geopolitical shocks and market memory: evidence from crypto and energy assets during the Russo-Ukrainian war – Journal of Energy Markets Skip to main content End of drawer navigation content The Russo-Ukrainian conflict significantly disrupts financial markets by increasing return predictability and volatility persistence, challenging the weak-form Efficient Market Hypothesis (EMH). Both cryptocurrencies and energy assets…