BlackRock received regulatory approval to acquire Global Infrastructure Partners, a major infrastructure investor, for $12.5 billion in cash and stock.
Global markets are poised for volatility as investors nervously anticipate US jobs data, which will heavily influence the Federal Reserves upcoming interest rate decision.
Sealand Securities stock soared due to its names phonetic similarity to merging giants, highlighting Chinese retail investors penchant for homophone-driven speculative trading.
Market anticipation mounts as the Federal Reserves impending interest rate decision hinges on the August employment report, with varying predictions from Wall Street banks shaping expectations.
The Federal Reserve, responding to easing inflation, is pivoting from its year-long policy of interest rate hikes to a gradual reduction, aiming to bolster consumer confidence and economic stability.