Shinhan Bank Relocates London Branch and Signs Strategic Partnership with Africa Finance Corporation
On July 21 (local time), Shinhan Bank announced the relocation of its
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Iberdrola starts €5 billion share sale to boost networks.
Iberdrola started a €5 billion ($5.9 billion) capital increase, the biggest share
China said to threaten $23B port deal without Cosco stake.
The Chinese government is reportedly threatening to nix the $23 billion port deal that
Australia’s Insignia shares rise on $2.2 billion CC Capital takeover deal.
Shares of Insignia Financial closed 12.2% higher on Tuesday after the Australian
Zambia plans $1.1 billion oil refinery in copperbelt to cut fuel imports.
Zambia has signed a landmark agreement to develop a $1.1 billion crude
Africa’s largest diamond producer may devalue currency again as prices fall.
Citigroup Inc. has warned that Botswana may be forced to devalue its
Saudi reserve assets rise to $459bn in May on foreign deposit surge.
Saudi Arabia’s official reserve assets reached SR1.72 trillion ($459 billion) in May,
Foreign investors buy nearly 100 billion euros of euro zone bonds in May, Citi says
Euro zone bonds saw nearly 100 billion euros ($116.4 billion) of buying
China looks to Africa as testing ground for global roll-out of yuan
China appears to be positioning Africa as a testing ground for internationalization of the
Russian banks prepare for bailouts as Putin’s war hammers economy.
Russia’s banks are reportedly seeking to arrange bailouts from Moscow as borrowers