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...“The Korean stock market is still really cheap because of bad corporate governance and ineffective capital allocation,” said Darren Kang, chief investment officer at Seoul-based fund Life Asset Management...
...— before the funds were allegedly transferred to Videocon’s overseas entities....
...On Monday the Financial Times revealed that US hedge fund Elliott had been buying the bonds....
...month, AutoFlight claimed a world-first inter-city and cross-sea demonstration flight, when Prosperity flew 50km, with no crew, between the southern Chinese cities of Shenzhen and Zhuhai, across the Pearl River...
...Ukraine has used this success to establish a shipping corridor in the western regions of the Black Sea....
...Corruption among poorly paid provincial police and prison staff is a big problem, experts say, as is Santa Fe’s vast black-market economy for legal goods, which makes it easier for drug traffickers to launder...
...The pound fell beyond 50 against the dollar on Wednesday, after being officially held at about 31 to the dollar for almost a year while it reached more than twice that figure on the black market....
...The manager of a turnaround fund that has produced supercharged returns overhauling Romanian state companies is in discussions to take the model to other emerging markets....
...Analysts said investors remained wary of the substantial debtloads the casino groups took on to fund operations during the Covid-19 pandemic....
...Nanyang jazz blends into “Moon River”, accompanied by atmospheric clatters of tropical rain on the black windows....
...Dead cat bounce catches out hedge funds Hedge funds betting on a decline in US and European stock markets have suffered an estimated $43bn of losses in a sharp rally over recent days, writes George Steer...
...European stock markets yesterday suffered their worst day in nine months. Markets are also starting to sense danger over events in the Middle East....
...That took the naira past N1,475 to the dollar it is trading at on the black market, according to one trader....
...Global climate: Europe’s Climate Leaders 2021 Disease dilemmas: Covid threat and drought combine to put India’s tea harvest at risk Changing spaces: Building blocks: how Birmingham is emerging from London...
...Next has been scooping up brands in recent years including Joules and taking a majority stake in Reiss and also sells labels including River Island and Barbour....
...Over the past two years, the Biden administration has tightened China’s access to crucial AI chips, leading companies to stockpile ahead of bans, repurpose Nvidia gaming chips or resort to the black market...
...The probe will focus on two consortiums bidding for the development of a solar park in Romania, part-financed by EU funds....
...It also continues to ship grain from ports on the Danube river that have faced regular missile attacks by Russian forces....
...Strategists complain that fund managers have stopped listening, while frustrated mainland investors have taken to grumbling on the US embassy’s social media accounts, where they have some hope of evading...
...Bill Russo, the former head of Chrysler in China and founder of Automobility, a Shanghai consultancy, noted that choosing to fund businesses through public markets “means it doesn’t all have to come out...
...The percentage of the firm’s assets under management beating benchmarks over a three-year period dropped from 65 per cent in 2022 to 42 per cent last year — dragged down by emerging markets....
...Nor is there any sign of a pick-up in deal flow, with funds raised by listings so far this year totalling less than $280mn, down almost a fifth from the same period in 2023....
...The Haussmann market Paris property is a tale of two markets....
...Russia withdrew from the initiative two months ago, citing unmet guarantees that its fertiliser exports would reach global markets....
...Just outside the city, where the black Rio Negro meets the murky brown Solimões to form the Amazon river, the drought has exposed a rocky outcrop with human faces carved into the stone....
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