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Foresea Life Insurance and other insurers are tapping massive amounts of cash raised from sales of newfangled investments to take big stakes in other Chinese companies and to fund international expansion.
China is setting up outposts in the Indian Ocean as part of Beijing’s broader strategy to secure the passage of Middle East oil through the Strait of Malacca and counter American naval hegemony in the region; and have Sri Lanka pay for it!
REUTERS/Jason LeeAs Washington fiddles, China is investing billions in U.S. startups with cutting-edge products that could have military applications at the same time it is dialing back investments in less critical American industries such as...
Chinese conglomerate HNA Group [HNAIRC.UL] and China Cinda Asset Management (1359.HK) have signed a strategic agreement to set up an industry buyout fund worth at least 20 billion yuan ($2.91 billion), HNA said in a statement on Friday.
HONG KONG, March 24 (Reuters) - Air Products and Chemicals Inc said on Friday it would drop a proposed $1.5 billion bid for China's largest producer of industrial gases, leaving the door open for a competing offer from Hong Kong-based private equity...
SeaWorld Entertainment Inc. said Friday it was selling a 21% equity stake held by affiliates of the Blackstone Group to a subsidiary of China's Zhonghong Zhuoye Group Co. Ltd. for $23 a share. That represents a 33% premium to Thursday's stock closing...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The truth is, your core portfolio should be in index funds. Here are three great index fund choices for your main investments. The post 3 Great Index Funds for Your Core Portfolio...
'I haven't had any concerns with rating agencies,' says finance minister Bill Morneau as the budget deficit in 2017-18 is forecast to rise to $28.5 billion
TALLAHASSEE, Fla. (AP) - The liquor wall is closer to coming down in Florida. A bill (SB 106) allowing grocery stores, big box retailers and other stores to sell liquor in the same space as other products was approved by the Florida Senate in a 21-17...
BOAO, China (Reuters) - India's top software services exporter Tata Consultancy Services will step up local hiring in the United States and has no plans to cut investments there as it continues to expect robust growth from its biggest overseas...
In China, a microfinance company lends money to risky customers in just 20 minutes with no collateral. Shanghai-based CashBUS provides emergency money through a mobile app to the “moonlight clan.”
Fengate Real Asset Investments has raised $100 million for its new private equity fund. LFP Equities Fund will focus on the middle market across various industry sectors in North America. Also, Fengate has made its initial investment from the fund in...
Whether China’s most valuable company can keep getting bigger depends on whether it can sell advertising as effectively as Facebook. So far it is progressing well, but expectations are also rising fast.
Canberra fears tying infrastructure fund to Beijing’s plans would hit US relations
YANGON, March 22 (Reuters) - One of China's biggest state-owned lenders has suspended an account used to fund ethnic rebels fighting government troops in Myanmar, halting an arrangement that could have stoked diplomatic tensions between Beijing and...
INDIANAPOLIS (AP) - Indiana lawmakers are considering a bill that would make it a crime for businesses to sell products like synthetic urine that can be used to fraudulently pass a drug test. Republican Rep. Greg Beumer (BEYE'-mer) of Modoc says his...
A strong postelection run for financials is coming to an end, not helped by a long list of headwinds, such as a slowing domestic economy and a waning of that Trump “put”, says storied hedge-fund manager Doug Kass.
LISBON, March 21- Portugal extended the maturities on state loans to its bank resolution fund by nearly three decades to 2046 to avoid imposing extra costs on a fragile banking sector as the state looks set to sell rescued bank Novo Banco at a loss...
* Stantec Inc - has signed an agreement for sale of its software business, Innovyze to EQT Mid Market US Fund Source text for Eikon: Further company coverage:
BEIJING (Reuters) - China is approving fewer new biotech crops for import than before, hampering the launch of new products globally and hurting trade, an American industry group said on Tuesday.
Canada Pension Plan Investment Board plans to increase its China investments over the long-term.