Bank of China to Lead Up to $4B Financing for Smithfield Deal
Shuanghui International Holdings Ltd has mandated Bank of China for an up to $4 billion global syndicated financing to support its acquisition of Smithfield Foods.
IMF Slashes China Growth Outlook
Citing a weak world economy and exports, the International Monetary Fund cut its growth forecast for China this year to 7.75% from 8%.
China Opens New Front in War as Yuan Speculation Distorts Export Data
China's exports numbers blew past expectations, which appeared on the surface to indicate that both China's economy and global demand were on the mend.
North Korea Jitters, BOJ Action Send South Korean Stocks Spiraling
South Korean equities slumped for a fifth day in a row amid rising concern about tensions with North Korea.
Oil Slips on Disappointing China Data
Oil prices fell after manufacturing data from China, the world's second-biggest crude consumer, missed expectations.
China Markets End Mixed
China shares closed mixed on Friday but major indexes ended down for the quarter as disappointing company earnings and fears of policy tightening soured investor sentiment.
A Wave of Chinese IPOs
Alibaba is not the only Chinese IPO on the horizon. Data analytics platform Cheetah Mobile and online travel company, Tuniu, are both going public this week. Next week Jumei, China’s top online retailer of beauty products, plans to list in the U.S.