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To Boost Appeal As A Listing Destination, Singapore Exchange Goes After Tech Start-Ups

As it seeks to alter perception that the city state is an attractive listing destination only for real estate investment trusts (REITs), Singapore’s sole stock exchange is gunning for more initial public offerings from technology firms.   And in order to help young tech companies...

Moody's Raises Global Outlook, China Factories Hum In Shadow Of Debt Risk

As China grappled with debt risks and tried to shake off a stinging ratings downgrade from Moody's Investors Service, investors worried about slowing growth in the world's second-biggest economy were reassured as the country’s industrial engine cranked up again in May.   Even as it warned of...

Trump Reportedly Threatens To End German Car Sales, Calls Germans ‘Very Bad’

After calling the Germans "very bad" for their trade surplus with the U.S., President Donald Trump has reportedly reignited tensions with his EU counterparts.   According to the German news magazine Der Spiegel, during a meeting with top EU leaders last week, the U.S. president...

Even With Its People Going Hungry, Venezuela Is Staying On Top Of Its Debts

Venezuela has avoided the debt default problems even as the country has been ravaged by severe food shortages, tremendous protests and a sky-high inflation rate.   Diego Moya-Ocampos, a senior analyst at IHS Markit said that the country’s willingness is "strong," even though its ability to...

Canada Plays Up Its Natural Resources Expertise In Aramco IPO Pitch

Canada’s deep experience in natural resources as part of a broader offer to help the kingdom with its shift away from oil dependence is played up by the Toronto Stock Exchange's efforts to win a slice of the massive Saudi Aramco public listing.   Strong trading interest from outside the...

Moody's Says Arresting Mounting Debt In China Not Possible By Its Reforms

Another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said as China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it.   Saying it expects the financial strength...

Warning Of Fading Financial Strength As Debt Mounts, Moody's Downgrades China,

Moody’s said that it expects the financial strength of the Chinese economy will erode in coming years as growth slows and debt continues to rise as the ratings agency - Moody's Investors Service downgraded China's credit ratings for the first time in nearly 30 years.   Even as the Chinese...

According To New Report, 9.8 Million People Employed By Renewable Energy

The International Renewable Energy Agency (IRENA) said on Wednesday that nearly 10 million people were employed in the renewable energy sector last year.   Excluding large hydropower, global renewable energy employment in 2016 hit 8.3 million, states IRENA's report, Renewable Energy and...

Asia, Brazil Struggle To Make Up Shortfall As 'War On Sugar' Takes Toll

Slowing of growth in global demand, which along with other factors could signal a fundamental shift in consumption ahead, is being caused by the "war on sugar" which is being waged by governments and consumers to combat public health emergencies like diabetes.   According to analyst group...

Why Luxembourg Can Be An Acquired Taste For Bankers Fleeing Brexit

From JPMorgan Chase & Co. to insurance giant American International Group Inc., little Luxembourg is luring firms on the lookout for a post-Brexit foothold in the European Union.   Following the U.K.’s vote to leave the European Union, AIG in March said it will open an...

Announcement Of $93 Billion In Committed Capital, And Launch Of Largest Tech Investment Fund Ever Made By Softbank And Saudis

Committed to what is expected to be the largest technology investment fund ever, closing $93 billion in capital was an investment group that includes Japan's SoftBank and Saudi Arabia’s sovereign wealth arm.   Investors in Softbank Vision Fund include the Mubadala Investment...

As Cobalt Sees 150% Surge, Metals Market Shaken Up By China-Led Electric Car Boom

Following several years of surplus production, a supply squeeze this year is expected to be generated as demand for cobalt has soared in the past year as investors expect inexorable growth in the global electric vehicle industry.   According to a report from the Organization for Economic...
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