Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Japan’s Mizuho applies to set up securities company in China
BEIJING/TOKYO (Reuters) -Japan's Mizuho Financial Group has sought to establish a securities company in China, becoming the latest foreign firm to make inroads into China's onshore securities market w...
Nov 23, 2023
AustralianSuper to reject Brookfield’s new $10.6 billion proposal for Origin Energy
(Reuters) - Origin Energy's largest shareholder AustralianSuper said on Thursday it will vote against a latest revised $10.6 billion takeover bid from a Brookfield-led consortium, reiterating its view...
Nov 22, 2023
Thai economy in ‘crisis’ and needs major stimulus – PM
BANGKOK (Reuters) - Thai Prime Minister Srettha Thavisin said on Thursday the country's economy was in "crisis", stressing the need to forge ahead with his controversial 500 billion baht ($14.23 billi...
Nov 22, 2023
China wealth manager Zhongzhi flags insolvency, liabilities of $64 billion
BEIJING (Reuters) -China's Zhongzhi Enterprise Group told investors it is heavily insolvent with liabilities of up to $64 billion, more than double its assets, as one of the country's leading wealth m...
Nov 22, 2023
China launches social security fund-backed $707 million investment fund in Shanghai
BEIJING (Reuters) - An investment fund backed by China's National Social Security Fund was launched in Shanghai, with a size of 5.1 billion yuan ($707.24 million) for its first phase, the financial re...
Nov 22, 2023
EIG CEO says consortium no longer willing to negotiate with Origin’s top investor
SYDNEY (Reuters) - EIG Partners CEO Blair Thomas said on Thursday the consortium behind the $10.6 billion bid for Origin Energy was "done" negotiating with top shareholder AustralianSuper in an attemp...
Nov 22, 2023
Asia stocks hold recent gains as confidence grows on rate outlook
By Selena Li HONG KONG (Reuters) - Asian shares were flat on Thursday with markets holding onto their gains for the week as confidence grows that interest rates globally will head lower next year, whi...
Nov 22, 2023
Fidelity raises $700 million in its first bond mutual fund in China
SHANGHAI/SINGAPORE (Reuters) - Fidelity International has garnered 5 billion yuan ($700 million) from investors for its first fixed income mutual fund in China, deepening the asset manager's involveme...
Nov 22, 2023
Oil down 1% on bearish view of delayed OPEC+ meeting
(Reuters) - Oil prices fell 1% in early trading on Thursday, extending losses from the previous session, after OPEC+ postponed a ministerial meeting stoking views the producers might cut output less t...
Nov 22, 2023
Holiday thins trading after data nudges dollar higher
SINGAPORE (Reuters) - Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the U.S. dollar revelling in its gains after data that cast doubts over market projec...
Nov 22, 2023
