The S&P 500 eked out a fresh record Friday following a quiet week of trading.
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The bidder of an apparently bogus takeover offer was said to be registered in a cluster of Indian Ocean islands.
The euro surged to its highest level against the dollar since February, dragging down European stock markets.
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The region traded mixed but Shanghai was down notably, with a loss of 1.6%.
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China’s rocking stock market has encouraged typically conservative investors to use borrowed money to buy shares and ride the rally.
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China is reversing course on a major effort to tackle its hefty local government debt problem, marking a setback for a priority reform.
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Ratings service DBRS Inc. on Friday cut its rating on Greece, citing uncertainty over whether the country will be able reach an agreement with its creditors and stay current on its debt.
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The fight over a troubled Chinese property developer is intensifying as a onetime white knight is poised to sweeten its offer to foreign bondholders, seeking to trump an offer from the company’s chairman.
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Hong Kong’s securities regulator will ban individual investors from trading in “dark pools” following a 15-month consultation with the city’s finance industry on how to regulate these alternative trading venues.
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Two major lenders to Sharp expressed confidence that the Japanese electronics maker can return to growth, even as its share price sank again and its credit-rating was downgraded.
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Five investors including Alibaba Chairman Jack Ma agreed to acquire a controlling stake in Hong Kong-listed Reorient Group Ltd.
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One of China’s two big state nuclear firms has won the green light for a domestic IPO that could be the largest in five years.
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Bank of Communications is nearing a deal to buy control of Brazilian lender Banco BBM S.A.
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Arbitration between Dallas-based Lone Star Funds and the South Korean government renews concerns about Seoul’s openness to private-equity deals.
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China is moving to breathe fresh life into a plan to help local authorities deal with their massive debt loads, as it sweetens the payout for investors who buy newly issued local-government debt.
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Some of China’s biggest state-owned enterprises are trading with valuations usually associated with high-growth sectors.
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Australian regulators are becoming concerned about the widespread buying of complex high-yield hybrid securities called Contingent Convertible bonds, or Cocos.
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The Chinese hospital-investment firm plans an IPO in the third quarter.
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As a rout in bonds rocks markets in Europe, the U.S. and much of Asia, China is an outlier. Prices of debt are standing firm, and foreign fund managers are piling in.
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MSCI Inc. said it will announce next month whether it will add China A-shares, mainland-listed stocks whose purchase by foreigners has been limited, to its widely tracked emerging markets index.
Phra Subin Paneeto’s microlending operation has found success by offering loans with little or no interest to borrowers based on how well they follow Buddhist principles.
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As growth slows in Asia, bond investors have become more demanding, seeking higher interest rates and better terms for the debt.
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Chinese brokerages are rushing to sell stock in a booming market, but the landscape is changing.
The planned opening of Saudi Arabia’s $590 billion stock market to foreign investors in June has generated strong interest among fund managers. Index provider MSCI's executive research director discusses the country’s possible pathway to emerging-market status.