Yuan "Death Crosses" As Default Wave Forces Chinese Banks To Raise Capital

According to survey data by Bank of America Merrill Lynch, stretching back to 2009, investors have never been so bearish of Asian bonds in history. Investors see China's .....»»

Category: blogSource: zerohedgeJul 12th, 2018

Hedge Fund Billionaire Singer Takes Control Of AC Milan After Latest Chinese Default

Now that the great Chinese money-laundering M&A wave of 2016 is long forgotten, in some cases with tragic consequences such as Wednesday's freak death of HNA chairman Wang Jian, and the Chinese conglomerates and ol.....»»

Category: blogSource: zerohedgeJul 7th, 2018

Exclusive: Billionaire Penny Pritzker Joins Forces With Alexa von Tobel to Raise New $200M Fund

The duo will raise an early-stage venture capital fund called Inspired Capital Partners.....»»

Category: europeSource: fortuneFeb 8th, 2019

E-Commerce Newcomer Pinduoduo Hopes To Raise $1 Billion

Chinese e-commerce newcomer Pinduoduo Inc (NASDAQ: PDD) seeks to finance an operational expansion by raising $1 billion. The company's filing with the SEC said that it plans to sell 37 million shares to raise necessary capital. read more.....»»

Category: blogSource: benzingaFeb 6th, 2019

Chinese Yuan Tumbles To New Cycle Low Amid Signs Of Capital Outflows

 As Chinese markets began to wake, yuan just broke below 6.98/USD for the first time in this downswing, despite PBOC liquidity withdrawals sending m.....»»

Category: blogSource: zerohedgeOct 31st, 2018

China Puts Yuan Skeptics on Notice as Currency Nears Decade Low

After a nearly 7% selloff this year, the yuan is at the brink of hitting 7 per dollar, a threshold that could trigger further selling if Chinese businesses and individuals decide they need to expatriate capital before any further decline......»»

Category: smallbizSource: wsjOct 27th, 2018

Chinese state-owned automaker FAW Group gets $144 billion credit line

China's state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line worth over 1 trillion yuan ($144 billion), but did not give specific reasons as to why it wanted to secure access to such a large amount of funding......»»

Category: topSource: reutersOct 25th, 2018

Wall Street Salaries Hit Highest Level Since Lehman

Thanks to a wave of consolidation that has helped banks compensate for rock-bottom interest rates and tighter capital requirements, Wall Street's pre-tax profit grew by a staggering 42% last year, according to an ann.....»»

Category: blogSource: zerohedgeSep 19th, 2018

Fed Ponders a New Tool to Avert Crises

A debate is brewing inside the Federal Reserve about whether to demand big banks raise more capital as the economy heats up......»»

Category: smallbizSource: wsjSep 10th, 2018

Market Extra: China shores up the yuan, soothing devaluation fears

Chinese authorities move to shore up the yuan on Thursday, news reports say, by draining liquidity from the offshore traded currency via restrictions on Chinese banks......»»

Category: topSource: marketwatchAug 16th, 2018

China limits offshore lending to support yuan: Reuters

Chinese authorities moved to shore up the yuan by banning Chinese banks from certain offshore lending activities, according to Reuters, citing sources with direct knowledge of the matter. Banks may no longer deposit and.....»»

Category: topSource: marketwatchAug 16th, 2018

Forex Traders Overwhelm Emerging Markets’ Central Bankers

Forex Traders Overwhelm Emerging Markets’ Central Bankers $DXY, $OIL, $GLD, $SLV Selloff forces EM central banks to raise interest rates Currencies have struggled to find a floor despite rate moves Central banks in emerging econo.....»»

Category: topSource: livetradingnewsJun 28th, 2018

Gold Joins The Global "Death Cross" Procession

While US mega-tech stocks support the belief that all is well for many Americans, a glance around the world and the shit is seriously hitting the fan... Downtrends are everywhere and 'death crosses' are popping up in asset classes from Chinese stoc.....»»

Category: blogSource: zerohedgeJun 22nd, 2018

USD/CNY (CNY=X) China’s new yuan loans shrink, M2 growth unchanged

USD/CNY (CNY=X) China’s new yuan loans shrink, M2 growth unchanged Chinese banks extended 1.15 trillion yuan (about 179.7 billion U.S. dollars) in new yuan-denominated loans in May, edging down from 1.18 trillion yuan in Ap.....»»

Category: topSource: livetradingnewsJun 12th, 2018

The Moneyist: Before I give my fiancée a $7,000 diamond engagement ring, I want her to promise to bequeath it to my daughter

This man wonders whether it’s a good time to raise the delicate subject of death and diamonds with the woman who is set to become his third wife......»»

Category: topSource: marketwatchFeb 16th, 2019

Meet CMIG, the Chinese Group Dicing With Default

Another acquisitive Chinese company is wobbling. Less than five years old, China Minsheng Investment Group Corp. has spent more than $4 billion on investments and amassed $34 billion of debt, but recently almost failed to make a bond repayment. CMI.....»»

Category: topSource: washpostFeb 14th, 2019

The Moneyist: I want my third wife to bequeath her $7,000 diamond engagement ring to my daughter

This man wonders whether it’s a good time to raise the delicate subject of death and diamonds with his fiancée......»»

Category: topSource: marketwatchFeb 14th, 2019

China’s Default Wave Spares the Biggest Fish

State-backed borrowers are benefiting from Beijing’s bounty at the expense of their private peers......»»

Category: topSource: washpostFeb 13th, 2019

Old Enemies Meet Again on the Battlefield, This Time to Recover the Dead

Atop a little-known ridge almost seven decades ago, French, South Korean and American troops fought off waves of mainly Chinese Communist forces in a series of trench battles that marked some of the bloodiest days of the Korean War......»»

Category: asiaSource: wsjFeb 13th, 2019

SemGroup working with adviser on capital raise, Bloomberg says

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 12th, 2019

John Hendricks" streaming service closes on gargantuan round

A Silver Spring streaming service has raised about $140 million from private investors in its first capital raise, thanks in large part to the legacy of its founder, John Hendricks, whose credits include starting up Discovery Inc. (NASDAQ: DISCA). S.....»»

Category: topSource: bizjournalsFeb 12th, 2019