One of the most surprising victims of the recent US banking crisis is a Swedish pension fund responsible for managing the retirement funds for a quarter of the country’s population.
Chinese Foreign Minister Qin Gang defended his nation’s development approach at an event attended by foreign executives Friday, while also warning that it will not compromise on Taiwan.
Chinese Foreign Minister Qin Gang defended his nation’s development approach at an event attended by foreign executives Friday, while also warning that it will not compromise on Taiwan.
Japan investors bought about 140 billion yen ($1 billion) of Credit Suisse Group AG’s bonds that were written off when the Swiss bank was suddenly sold last month, Finance Minister Shunichi Suzuki said.
Japan investors bought about 140 billion yen ($1 billion) of Credit Suisse Group AG’s bonds that were written off when the Swiss bank was suddenly sold last month, Finance Minister Shunichi Suzuki said.
China’s Tianqi Lithium Corp. said it’s scrapping its takeover bid for Australian explorer Essential Metals Ltd. after failing to secure enough support from the target’s shareholders.
China’s Tianqi Lithium Corp. said it’s scrapping its takeover bid for Australian explorer Essential Metals Ltd. after failing to secure enough support from the target’s shareholders.
China’s Tianqi Lithium Corp. said it’s scrapping its takeover bid for Australian explorer Essential Metals Ltd. after failing to secure enough support from the target’s shareholders.
Asian equities followed losses on Wall Street after US data showed a softening in manufacturing and the labor market. The dollar and yen strengthened on concern of rising tensions between America and China.
Sunac China Holdings Ltd. opened as much as 20% higher in Hong Kong after clearing a major hurdle in the restructuring of $9 billion worth of debt.
