(Reuters) – A rescue operation is underway in China’s equity markets with large and unusual flows into blue-chip funds suggesting a plunge by state-backed investors. It is unclear exactly who …
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By Li Gu and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors betting on recovery in China’s battered property sector are favouring the stocks and bonds of state-backed firms that are …
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(Reuters) – Hundreds of lawsuits have been filed over the terms of the emergency deal to save Credit Suisse by selling it to Swiss banking rival UBS, a Swiss court …
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By Takaya Yamaguchi and Makiko Yamazaki TOKYO (Reuters) – Japan Investment Corp (JIC), a potential bidder for Toshiba Corp, has expanded the size of its buyout fund by 4.5 times …
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By Makiko Yamazaki and Kane Wu TOKYO/HONG KONG – State-backed Japan Investment Corp (JIC) has hired SMBC Nikko Securities as its financial adviser for its pursuit of a potential equity …
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Apple announced Tuesday it would pause the sale of all products in Russia, citing the country’s invasion of Ukraine. “We are deeply concerned about the Russian invasion of Ukraine and …
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US Tech Companies Crack Down On Russian State-Backed Media Despite Kremlin Pressure Ailan Evans on February 28, 2022 American tech companies have taken steps to limit the spread of content …
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ROME – Carmaker Stellantis said on Friday its unit FCA Italy and other Italian subsidiaries had repaid a 6.3 billion euro ($7 billion) loan to Italy’s top lender Intesa Sanpaolo. …
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MILAN – Stellantis is preparing to early repay a 6.3 billion euros ($7 billion) loan backed by Italian government its predecessor Fiat Chrysler obtained at the peak of a COVID-19 …
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By Josh Horwitz -A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on …