MYOB said in a statement it would now recommend the offer, given a 10% drop in the Australian equity market since KKR first made a higher indicative bid in October, and the cost of a company restructure still underway.
The People's Bank of China, the country's central bank, may lower the interest rates for open market operations, the CICC said.
“Foreign investors bought South Korean bonds this year looking at the nation’s high credit rating and current-account surplus,” said Kim Sanghoon, a fixed-income strategist at KB Securities Co. “These will not change in the new yea
"There are quality opportunities because everything has widened out, and we don't have to take as much risk," said Elisabeth Colleran, a portfolio manager on emerging market debt at Loomis, Sayles & Co. "The valuations and the fund
The targets for the new initiative include e-commerce firms, mobile payment service providers and ride-hailing companies – from China’s Ant Financial and Grab in Southeast Asia to PayTM and Flipkart in India, said senior bankers and consultant
Across Asia, companies raised a total of $109 billion in IPOs, up 27 percent from 2017, Refinitiv data showed, much of it driven by China whose companies accounted for almost a third of global issuers.
“Difficult stock market conditions this year and the uncertainty of the trade tensions likely have been a challenge to many businesses,” said Philip Wyatt, a Hong Kong-based economist for UBS Group AG, who doesn’t see the downdraft conti
NAB paid its executive team bonuses, albeit reduced, in 2018 despite the bank experiencing a horror year, including being accused of potentially criminal misconduct during the banking royal commission.
“2018 has been very different from 2008 or 2000,” says Chief Investment Officer Yves Bonzon in his video outlook. Instead, he draws parallels with the situation in 1987, when markets recovered rapidly after a sudden correction.