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NEW YORK/LONDON: European shares, the S&P 500 and an index of global stock performance scaled new peaks while yields on U.S., Japanese and European government debt fell on Friday as investors embraced the easy monetary policies of major central banks.
BEIJING: In 2018, Zhang Wenzhong was cleared by China’s top court of financial misconduct charges after earlier spending more than half a decade in prison.
UEM Sunrise Bhd has acquired 6.86 acres of prime freehold land adjacent to the Taman Connaught MRT station in Cheras for RM197mil and plans a transit-oriented development with a gross development value of RM1bil.
TOKYO: SoftBank Group Corp priced the biggest Japanese corporate bond deal of the year in a sale targeted at individuals.
NEW YORK: Investors are rediscovering their appetite for the market’s speculative fringes.
HONG KONG: Kuaishou Technology reported a 37% gain in quarterly revenue, after the rival to TikTok-owner ByteDance Ltd delved deeper into online commerce and advertising.
FRANKFURT: Bond markets are famous for pushing their agenda, and in east Europe, they’re pushing for rate increases, never mind what central banks have to say on the matter.
TOKYO: Japan’s economy likely shrank in the first quarter as the hit to consumption from coronavirus curbs offset the boost from robust global demand, a Reuters poll showed, highlighting the country’s slow recovery from a pandemic-induced slump.
HONG KONG: Hong Kong’s economy posted its fastest growth in more than a decade in the first quarter, though the recovery is an uneven one led mainly by exports and held back by weak consumer spending and a slow vaccine rollout.
IT wasn’t the introduction to high finance that Adi Patel had once anticipated.