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Olam Shares Tumble After Agri Unit’s Saudi IPO Is Delayed

Olam Group’s shares sank more than 7% after the agricultural commodities trader said the listing of its unit in Saudi Arabia won’t be completed in the first half of the year as planned.

By Anuradha Raghu and Jasmine Ng

Logistics Firm GLP China Unveils $2.6 Billion Debt Program

GLP China Holdings Ltd., one of Asia’s worst-performing investment-grade borrowers, is planning to issue new debt as it lists a HK$20 billion ($2.6 billion) medium-term note program.

Offshore Bonds Make Up a Record Percentage of Chinese Defaults

Though Chinese issuers’ offshore bond defaults have slowed from last year’s record pace, they are making up an even-bigger portion of missed payments as borrowers focus on meeting domestic debt obligations.

Arm Chief Pitches Chip Designer as AI Play in Buildup to IPO

Semiconductor designer Arm Ltd. has found its calling card for the rest of the year as it builds toward a much-anticipated initial public offering: artificial intelligence.

Winklevoss Twins Try to Pivot After Gemini Loses Money, Staff

Since going all-in on Bitcoin over a decade ago, Tyler and Cameron Winklevoss have had their share of ups and downs. But these days, issues around the billionaire twins’ Gemini crypto exchange just seem to keep piling up.

Wall Street Deals Show Unfulfilled Ambition of Japan’s Megabanks

Greenhill & Co.’s 75th-place ranking for global mergers advice this year didn’t deter Mizuho Financial Group Inc. from paying more than double the market price for the US boutique bank.

The Frantic Push to Solve Sovereign Debt Crises Irks Wall Street

A shakeup is brewing in the $1.6 trillion universe of emerging-market sovereign debt — whether Wall Street likes it or not.

Wanda Dollar Bonds Soar as Lenders Hold Off Loan-Payment Demand

Dalian Wanda Group Co. dollar bonds rallied Monday, with one on track for a record gain, as an update about offshore loans helped ease liquidity concerns about the Chinese conglomerate.

Surf Air Said to Work With Morgan Stanley on Direct Listing

Surf Air Mobility Corp., an electric aviation and regional air travel company, is working with Morgan Stanley and is set to move ahead with its plans to go public through a direct listing, according to people familiar with the matter.

UBS Analysts See Fake AI Content Feeding Market Disruptions

The spread of artificial intelligence has the potential to be “highly disruptive” to financial markets as the technology aids the publication of false information, and makes leaks of intellectual property more likely, according to analysts at UBS Group AG.