A successful Reddit IPO would be bad news for the bull market

A successful Reddit IPO would be bad news for the bull market

There’s nothing like a moribund IPO market to create a pleasant backdrop for a bull run. We’ve had some small biotech deals and the usual SPAC junk. But nothing big, seemingly for ages. Until Reddit. Its initial public offering — which will probably come at a $7 billion valuation and an odd price tag of … Read more

China to hold ‘Two Sessions’ meeting amid bazooka-like stimulus debate

China to hold ‘Two Sessions’ meeting amid bazooka-like stimulus debate

A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su | Reuters BEIJING — China is set this week to kick off … Read more

U.S. envoy due in Beirut to continue de-escalation talks – National

U.S. envoy due in Beirut to continue de-escalation talks – National

U.S. envoy Amos Hochstein will visit Beirut on Monday to continue diplomatic efforts aimed at de-escalating the conflict across the Lebanese-Israeli border and bringing stability, a senior Lebanese official and a White House official said on Sunday. The Iran-backed Lebanese group Hezbollah and Israel have been locked in hostilities for months in parallel to the Gaza war. It has marked the worst conflict between the heavily armed adversaries … Read more

Iran Executes One Over Drone Attack Linked To Israel Spy Agency

Iran Executes One Over Drone Attack Linked To Israel Spy Agency

Tehran: Iran’s judiciary has executed a “terrorist” over a drone attack that targeted a defence ministry site in central Iran last year, state media reported on Sunday. According to state TV, the person “planned to explode the workshop complex of the Ministry of Defence in Isfahan under guidance of the intelligence officer of Mossad”, Israel’s … Read more

Australia news live: Minns says Mardi Gras pro-Palestine protest ‘wasn’t too much of a big deal’; Asean summit to begin | Australia news

Australia news live: Minns says Mardi Gras pro-Palestine protest ‘wasn’t too much of a big deal’; Asean summit to begin | Australia news

Protest at Mardi Gras ‘probably pretty standard’, NSW premier says Chris Minns, said it is “a bit strange” that he was the first NSW premier to march in the Mardi Gras parade at the weekend, “given that it [has been] a fixture on the calendar for decades”. Speaking to ABC News Breakfast, Minns said a … Read more