We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breakingviews - Mukesh Ambani will take credit where it’s dueIt’s rare for a tycoon to willingly give up an inch of their company. Boss Mukesh Ambani might do precisely that to fund a push by his $220 billion Reliance Industries conglomerate into consumer lending. It underscores his ambition in India’s booming financial services.
Source: Breakingviews - 🏆 470. / 51 Read more »
Breakingviews - HKEX alum helps Macau take micro-step into financeSmall is beautiful. Hong Kong’s former stock market Chief Executive Charles Li, key driver of the wildly successful bilateral Stock Connect programme between mainland Chinese bourses and Hong Kong, is kickstarting an asset exchange in Macau. Micro Connect, which he founded last year in Hong Kong, allows global investors to buy “equity-like products” to finance enterprises in China in exchange for a share of daily revenue. According to the announcement on Monday, the initiative specifically targets offline stores and retail operators.
Source: Breakingviews - 🏆 470. / 51 Read more »
Breakingviews - Friendshoring makes sense if done in the right wayThe adage ‘Don’t put all your eggs in one basket’ applies as much to global trade as to a trip to the market, writes Hugodixon
Source: Breakingviews - 🏆 470. / 51 Read more »
Breakingviews - Circle’s SPAC flop does the public market a favorStablecoins are marketed as a kind of cryptocurrency that offers a steady, predictable value. For the companies that create them, the opposite turns out to be true. Circle Internet Financial’s plan to merge with a listed blank-check firm called Concord Acquisition fell apart by mutual consent on Monday. Since Circle is effectively impossible to value right now, it has probably done the market a favor.
Source: Breakingviews - 🏆 470. / 51 Read more »