Shanghai authorities are preparing a fresh round of curbs aimed at cooling the city’s soaring property market, including potential restrictions on mortgages and loans to developers, according to people familiar with the matter.
It’s almost time to short this year’s crude rally, according to the new chief executive officer of Phibro LLC, the century-old commodities firm that was once the largest independent oil refiner in the U.S.
Mylan NV said it would take immediate action to cut the cost of its EpiPen emergency allergy shot following pressure from politicians including presidential candidate Hillary Clinton, who called past price increases “outrageous” on Wednesday.
Prudence Ho, Lulu Yilun Chen and Regina Tan10:28 am ET
Alibaba Group Holding Ltd.’s finance affiliate is considering an initial public offering in Hong Kong in the first half of next year after running into regulatory hurdles for a dual listing that would have included Shanghai, according to people familiar with the matter.