The pope has deplored it. It’s shifted Chinese economic goals and helped fuel populist political movements around the world. Even some of the world’s billionaires fear what might happen if it continues to rise. It is income inequality: a gap between rich and poor that has been widening in many countries for a generation. The term is often used imprecisely as a catch-all description of various related ills including poverty, job stagnation, class division and social disorder. Yet there’s much deb
HONG KONG: Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new listings have posted the worst performance among leading bourses, data show.