By Jihoon Lee and Yena Park SEOUL (Reuters) – South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, will collaborate with foreign ex[...]
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March 5, 2023
Binance execs’ texts, documents show plan to avoid US scrutiny – WSJ
(Reuters) -Binance, one of the world’s largest cryptocurrency exchanges, developed a plan to avoid the threat of prosecution by U.S. authorities as it started an American entity in 2019, the Wal[...]
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Exclusive-Bridgewater raises new fund strategy less dependent on equities
By Carolina Mandl NEW YORK (Reuters) – Bridgewater Associates has raised at least $800 million in recent months for a new fund strategy, regulatory filings show, an additional offering that come[...]
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Former top Credit Suisse shareholder sells full stake in bank – FT
(Reuters) – Harris Associates, one of Credit Suisse’s longest major shareholders, has sold its entire stake in the Swiss bank after losing patience with its strategy to stop persistent los[...]
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Marketmind: China sets out economic, political, military vision
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets will likely open on the front foot on Monday, following Wall Street’s whoosh highe[...]
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Italy’s CDP bids for TIM’s grid to rival KKR approach
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Italian state lender CDP said on Sunday its board had approved a non-binding offer for the fixed-line network of former phone monopoly Telecom Ita[...]
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Miners grow anxious as Canada tightens foreign investment rules
By Divya Rajagopal TORONTO (Reuters) – Junior mining companies hoping to produce lithium, nickel and other green energy metals are worried that Canada’s crackdown on some overseas investor[...]
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TikTok a potential target in upcoming U.S. bill to ban some foreign tech – Senator
WASHINGTON (Reuters) – Two U.S. senators plan to introduce legislation this week aimed at letting the government “ban or prohibit” foreign technology products such as Chinese-owned T[...]
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ECB facing high core inflation in the near term, Lagarde says
FRANKFURT (Reuters) – Underlying inflation in the euro zone will stay high in the near term so a 50 basis point European Central Bank interest rate increase later this month is increasingly cert[...]
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