category

Investing Playbook

Vatican's financial scandal prompts Pope to move investments

Pope Francis is giving the Vatican secretariat of state three months to transfer all of its financial holdings to another Vatican office following its bungled management of hundreds of millions of euros in donations and investments that are now the subject of a corruption investigation.

China slams the brakes on Ant Group's $37 billion listing

China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma.