The offering is mired in confusion after an official overseeing the plan was abruptly transferred out of the Finance Ministry last week, amid reports that the Prime Minister’s office had asked for a review.
Futures eased slightly in New York after rising 1% last week. The U.K. has sent one of its Type 45 warships to the region after Iran seized a British oil tanker, heightening tensions in one of the world’s major energy choke
China has purchased millions of tons of soybeans from the U.S. and Chinese companies will continue to seek American agricultural products including soybean, cotton, pork, sorghum, wheat, corn and diary, state media Xinhua New
Current Mylan CEO Heather Bresch would depart. Mylan President Rajiv Malik, who faces civil suits accusing him of taking part in an alleged price-fixing scheme, would ultimately leave the combined company, one of the people s
One uniquely Chinese source of information for banks is the government-administered social credit system, which is being tested in cities across the country as a way to reward good deeds and punish misbehavior.
Global Cloud Xchange is in discussions with holders of its 7% $350 million notes for a deal that would provide the issuer more time to discuss options on the maturity of the senior secured notes, the spokesman said in a state
At $108 billion, this second act is even bigger than the first. Yet Masayoshi Son will need to look farther and wider for fires to pour it on: There aren’t too many Ubers, Bytedances, Didis or Grabs left.