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Firm becomes first wholly foreign-owned manager
MASAYOSHI Son said he would begin to make personal investments alongside SoftBank Group Corp’s Vision Fund, a controversial step that could lead to conflicts of interest as his company backs technology startups.
Firm to stop offering cash prime-brokerage in US, Europe
BlackRock Inc. became the first foreign asset manager allowed to start a wholly owned mutual fund business in China, a step toward winning a slice of one of the fastest-growing wealth markets.
KUALA LUMPUR: Minetech Resources Bhd has proposed multiple corporate exercises to fund business expansion and diversification as well as future business investment and/or acquisitions.
TOKYO: SoftBank Group Corp plans to sell its first bond in more than a year, joining a rush by issuers globally to tap credit markets while borrowing costs are low.
SINGAPORE: Billionaire Ken Griffin’s finance companies plan to open a Singapore office this year in a fresh push to expand in Asia.
KUALA LUMPUR: JF Apex Research expects Serba Dinamik Holdings Bhd, Comfort Gloves Bhd, Ekovest Bhd, Malaysian Resources Corp Bhd (MRCB) and Comfort Gloves Bhd to be among the stocks to watch on Monday.