New York, NY, based Investment company Saba Capital Management, L.P. buys Allergan PLC, Alpine Total Dynamic Dividend Fund, , First Trust Highome Long/Short Fund, Clough Global Equity Fund, Clough Global Dividend andome Fund, Clough Global Opportunities Fund, Community Health Systems, Delaware Enhanced Global Dividend of Beneficial In, Valeant Pharmaceuticals International, sells Blackrock Debt....More>>>
SHANGHAI Moodys Investors Service cut Chinas sovereign credit rating for the first time in nearly three decades, citing expectations that the countrys financial strength will deteriorate in the coming years as debt keeps rising and the economy slows.
In a Wednesday statement, Moodys said it downgraded Chinas rating to A1 from Aa3, while changing its outlook to stable from negative. In March....More>>>
Despite the onslaught of Chinese companies to list in the U.S. this year – from fitness wearables company Huami (HMI), online anime gaming company Bilibili (BILI), and now the “Netflix of China”, iQIYI (IQ) – none have managed to find favor with U.S. investors. Also in spite of the fact that these Chinese IPOs tend to be mega-deals (iQIYI raised $2.25 billion in its IPO,....More>>>
President Donald Trump begins a tour of five Asian countries next Friday, but the three days (November 8 through 10) that he spends in China are centerpiece of the trip. Last week’s conclusion of China’s 19th Party Congress has solidified President Xi Jinping’s strategic vision for the country and could present unexpected hurdles to U.S. policy in the region.
For his part,....More>>>
(OLGA MALTSEVA/AFP/Getty Images)
Sri Lankas Hambantota port is officially Chinas own port, for 99 years. Thats according to a landmark agreement signed early last week, which gives China Merchants Ports Holdingsan arm of the Chinese government–70 percent stake in the Indian Oceans prominent outpost.
The Hambantota port expansion begun with loans from China. But when Shri Lanka....More>>>