Saudi regulator probes investment banks

    Saudi Arabia’s stock market regulator is investigating the poor performance of recent initial public offerings, according to people familiar with the matter, and questioning the advice given by investment banks to companies selling stock. The investigation has been underway for several months and covers IPOs going back to at least early 2025, the people said….

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    US-China investment forum loses momentum

      US-China investment forum loses momentum

      A White House fact sheet described the investment board as a government-to-government forum for investment-related issues. Credit: Alones/Shutterstock.com The proposed US-China Board of Investment is unlikely to emerge as a major outcome when US President Donald Trump and Chinese President Xi Jinping are expected to meet in Washington next month, reported South China Morning Post…

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      China's homegrown cruise ship Adora Magic City ready to sail from Greater Bay Area for 1st time

        China’s homegrown cruise ship Adora Magic City ready to sail from Greater Bay Area for 1st time

        China’s first domestically built large cruise ship, the Adora Magic City, is ready to sail from the Guangdong-Hong Kong-Macao Greater Bay Area for the first time on an international journey on Thursday evening, marking a major milestone for the country’s cruise industry as the vessel expands its operations to southern China’s shores. The 323.6-meter-long, 135,500-tonne…

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