Stocks, FX set to end strong week with a whimper

Reuters | Nov 8, 2019 at 10:14 AM

Lingering doubts about a U.S.-China trade deal, a Moody’s rating cut on India’s sovereign outlook and another power outage in South Africa dampened emerging markets on Friday but did little to take the shine off a strong week for stocks and currencies.

China regulator scraps tough profit demands for IPOs on ChiNext

Reuters | Nov 8, 2019 at 9:59 AM

China is scrapping profitability requirements for initial public offerings (IPOs) on Shenzhen’s start-up board ChiNext, one of several regulatory changes to encourage more firms to raise equity funding and to create a more vibrant stock exchange.

European power prices set to jump 30% by 2025 – S&P Global

Reuters | Nov 8, 2019 at 9:53 AM

European wholesale electricity prices could soar by around 30% by 2025 due to a recovery in gas and carbon emissions prices and the planned phase out of some coal and nuclear power generation units, S&P Global rating said in a report on Friday.