Hotel101 Global is nearing its planned listing on the Nasdaq following a SPAC merger in the U.S. CEO Hannah Yulo-Luccini explains why the time is right for such a deal.
East Coast U.S. seaports are poised for a big decade. In Baltimore, a public-private partnership invested $550 million into Seagirt Marine Terminal to handle consumer cargo arriving on larger ships. Baltimore will next build a new rolling cargo dock and establish a new manufacturing hub with a $47 million federal grant awarded in 2023, among other improvements. The government's spending on port infrastructure is part of an attempt to revive the U.S. industrial base.
Some firms sustain their businesses by taking on more debt that they can repay. Economists call them zombie companies. When compared to their peers, zombies are smaller in size and deliver lower returns to investors. These companies distort markets, keeping resources from their fundamentally sound competitors. Banks and governments keep zombie firms alive with bailout loans. As the Federal Reserve resets the economy with higher interest rates, many zombie firms are filing for bankruptcy.
Cameron Dawson, chief investment officer for NewEdge Wealth, joins 'Closing Bell' to discuss what's happening in tech sectors, what to expect from the market, and more.
Ng Yao Loong, chief financial officer of the Singapore Exchange, discusses the strengths of its "multi-asset platform."
Diego Lopez, founder and managing director of Global SWF, says sovereign wealth funds that come from foreign reserves, on the other hand, will have a more challenging recovery.
Alisa Amarosa Wood, partner at KKR, discusses the sentiment at the SuperReturn private equity event in Berlin.
The fall of FTX marks one of the most serious problems for crypto to date, with questions now rising about the health of other giants of the industry.
Paul Brody, Global Blockchain Leader at EY believes discipline, transparency and regulation are crucial for maturing crypto markets.
Ronald Wuijster, CEO of APG Asset Management says pension funds are in between asset managers and insurance businesses and having direct access to central banks would be good for pension funds in times of extreme market volatility
Jean Eric Salata, Chief Executive of Baring Private Equity Asia talks about Asia's bright spots, and why India is a top pick for digital progress.
South Korean Finance Minister Choo Kyung-ho says a "simple rate gap" between the U.S. and South Korea would not lead to capital outflows.