Search Results for:Bloomberg News
Myanmar last month selected a consortium of local developer Min Dhama Co., Singapore’s Oxley Holdings Ltd. and China’s Sino Great Wall Co. as the preferred bidder for the redevelopment.
China Investment Corp is seeking to boost alternative and direct investments to 45% or more of its overseas portfolio in the next three years, from about 38% at the end of last year
Wong had worked at the Chinese-controlled investment bank since March 2015.
Amazon is hoping the new credit card, which will feature rewards points for purchases, will also let it eventually add offerings such as business insurance.
The fundraising comes as Chinese banks prepare to shift to more stringent accounting standards known as IFRS9 this year.
Ant currently has more outstanding consumer loans than China’s second-biggest bank.
Known as FII, the business could command a valuation of as much as 400 billion yuan by some estimates — on par with Sony Corp.
The agreement brings a brief hiatus in a decade-old battle of wills between Deripaska and Potanin for control of Nornickel.
Two-fifths of unicorns across the globe call China home. Their absence is sapping life from the world’s second largest stock market.
Uber last tapped the loan market in 2016 for a $1.15 billion loan, a deal that was arranged by Morgan Stanley.