Hedge fund giant Bridgewater misses out on stock market bull run, ditching Chinese stocks in first quarter
Bridgewater Associates, the world’s biggest hedge fund, pulled back drastically from Chinese stocks again last quarter, slashing its investment by nearly 90 […]
Russia’s two largest banks to open in annexed regions of Ukraine by July
LONDON, June 4 (Reuters) – Russia’s two largest banks expect to open branches and offices in July in the regions of Ukraine […]
NYCB names CEO Joseph Otting to additional role of executive chairman
June 4 (Reuters) – Regional lender New York Community Bancorp (NYCB.N), opens new tab said on Tuesday it had expanded the role of its […]
Backlash blunts edges of UK watchdog’s ‘naming and shaming’ plan
LONDON, June 5 (Reuters) – Britain’s markets regulator is expected to narrow down plans to name companies under investigation, four lawyers told […]
Lithium Ionic arranges $11 million financing for Brazil projects
Lithium Ionic (TSXV: LTH) said on Monday it plans to raise C$15 million ($11m) through a private placement with its long-term shareholders. […]
China to build $1.5 billion copper smelter in Kazakhstan
The Republic of Kazakhstan government has agreed with China Nonferrous Metal Mining (NFC) to build a smelter projected to have an annual […]
MMG plans to raise $1.16bn to repay debt, fund mine development
China’s MMG said on Tuesday it plans to raise about HK$9.08 billion ($1.16 billion) through a rights issue to repay existing debt, […]
Australia orders Chinese investors to sell down stake in rare earths miner
Australian Treasurer Jim Chalmers has ordered several China-linked investors to dispose of shares in rare earths miner Northern Minerals on national interest […]
Goldman Racks Up $21 Billion for Its Largest Private Credit Pool
Goldman Sachs Group Inc. has put together $21 billion for private credit wagers, its biggest war chest yet for Wall Street’s buzziest asset […]
UBS reaches milestone in Credit Suisse absorption as parent companies merge
ZURICH, May 31 (Reuters) – UBS (UBSG.S), opens new tab on Friday completed the merger of the main parent companies of the Swiss bank […]
Absa aims to use new Beijing office to strengthen China-Africa business ties
Absa Group, one of Africa’s largest diversified financial services companies, aims to build stronger ties with Chinese firms as part of its […]
Hong Kong IPOs: market shows glimmer of revival as three solid debuts in a week raise US$111 million
Investor appetite for new share listings in Hong Kong shows signs of improvement amid a market rebound, with a series of recent IPOs […]