Larry Fink Says World Leaders Must Address Growing Retirement Crisis

The BlackRock CEO's annual letter says demographics will strain retirement systems. 


 
M&A Gathers Steam for Biotech Startups

Mergers and acquisitions of venture-backed drug developers are starting to rebound following a relatively slow period in 2023, brightening the outlook for venture capitalists seeking to cash out of biotechnology investments. 


 
James's Take: Rise of Continuation Funds Highlights Potential Conflicts

More private-equity firms are using so-called continuation funds to extend their hold on certain assets and allow investors in older funds backing those assets to potentially cash out. But the increasingly popular tool comes with its share of potential conflicts. 


 
Why Treasury Yields Are Rising Despite Rate-Cut Expectations

The yield on the government's 10-year note has climbed since the start of the year, propping up mortgage rates. 


 
A Way for Energy Investors to Ride the AI Boom

Investors watching artificial intelligence are turning to a typically sleepy corner of the market: companies that own power plants. Is the run-up justified? 


 
Australian Regulator to Conduct First Financial System Stress Test

Australia's prudential regulator will conduct its first systemwide stress test, as it seeks to better understand potential risks borne by an increasingly interconnected financial system. 


 
China Merchants Bank Gains on Dividend Surprise

China Merchants Bank's shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected. 


 
Morgan Stanley Raises a Fund to Hold World 50 for Longer

Morgan Stanley's private-equity arm has collected $700 million in commitments to help prolong its control of World 50, an executive-networking business that has expanded rapidly since the firm acquired it as the Covid-19 pandemic began. 


 
Trump Returns to Stock Market With 'DJT' Truth Social Listing

The former president's Truth Social will begin trading Tuesday on Nasdaq. 


 
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load

Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.


(END) Dow Jones Newswires

03-26-24 0715ET