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Chinese companies have increasingly turned to other countries, as the investment of mainland China is subjected to more careful consideration in the US and Europe. According to CNBC, Chinese companies are now increasing their investments in Israel. Steven Schoenfeld, founder and investment director of BlueStar Indexes, which develops Israel-oriented indices and exchange-traded funds, said that the upward trend in Chinese investments in Israel is accelerating. He noted that Israeli technologies attract Chinese companies. According to him, Chinese investments in Israel cover “almost every major breakthrough technological sector”, and primarily such industries as autonomous electric vehicles, the use of artificial intelligence and infrastructure.
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
The Securities and Exchange Commission (SEC) announced on Monday that UBS Financial Services Inc. (UBSG) would pay more than $10 Million to resolve charges regarding certain municipal bond offerings. UBS has agreed to pay the fine after SEC ...
The dollar firmed on Thursday as a decline in Chinese retail sales worried investors, while the rest of the market anticipates the EU summit this weekend. The euro was down 0.1% to $1.1401, while the dollar stood at 106.95 on the yen. The ...
Property data and analytics company CoreLogic Inc on Tuesday rejected another $7 billion buyout offer, seeing it inadequate after meeting with the two bidders, investment firms Cannae Holdings Inc and Senator Investment Group LP. Cannae ...
Asian shares hit four-month highs on Monday as investors relied on liquidity and market stimulus to support global economic recovery despite the surge of new cases in the United States. MSCI’s broadest index of Asia-Pacific shares outside ...
KYC Policy