Hi, it’s Will Davies in Hong Kong, where our reporters have been tracking what is set to be the biggest listing by a Chinese company in two years—providing a nice boost to the city’s IPO market. Also today, private equity’s favorite borrowing tool sparks fresh scrutiny. Today’s top stories Home appliance maker Midea Group is…
Islamabad, Pakistan – The invitations have all gone out. But when Pakistan hosts the Shanghai Cooperation Organisation (SCO) summit next month, there’s one guest above all others whose presence or absence will be most felt: Indian Prime Minister Narendra Modi. On August 29, Pakistan’s Ministry of Foreign Affairs confirmed that Islamabad would host heads of government…
China said it found evidence of dumping by European brandy makers in a preliminary probe but stopped short of levying tariffs, in a sign Beijing wants to negotiate with the European Union in managing various trade issues spanning electric cars to agriculture. Imported brandy from the European Union has been dumped into China, dealing material…