China’s Zijin Mining Slows M&A on Valuations, Geopolitical Risks
Zijin Mining Group Co., a leading Chinese copper and gold miner, has slowed acquisitions due to high project valuations and geopolitical tensions.
Zijin Mining Group Co., a leading Chinese copper and gold miner, has slowed acquisitions due to high project valuations and geopolitical tensions.
New Delhi lodged a diplomatic protest with Beijing over the publication of an official map that shows China claiming Indian territory in the Himalayas, a sign that tensions over a border dispute are simmering before a major summit next month.
The heat that’s baked the Mediterranean this summer has shifted to eastern Europe, with temperatures exceeding 39C (102F) in Moldova on Tuesday.
China has asked two of the nation’s biggest financial firms to examine the books of Zhongrong International Trust Co., potentially paving the way for a state-led rescue of the troubled shadow lender, according to people familiar with the matter.
A sense of stability seems to be returning to Chinese stocks after weeks of turbulence, thanks to a raft of policy steps by authorities to revitalize markets.
Chinese leader Xi Jinping called for a probe into flooding at a work site in the southwest that killed four people and left another 48 missing as officials are still seeking answers more than a week after the incident.
Italian Prime Minister Giorgia Meloni softened her tone on plans to impose a windfall tax on banks and on her right-wing administration’s activism in the corporate arena, after a series of recent moves called into question her business-friendly approach.
It may be now or never for the UK to repair its battered relationship with the world’s second-largest economy.
Lego A/S is putting its money on China’s expanding middle class, the world’s biggest, shrugging off short-term economic woes in the Asian nation.
One of the Bank of Japan’s leading advocates for unwinding monetary stimulus indicated the central bank might attain its long sought-after goal of reaching 2% inflation by early next year, a development that he said could pave the way for an interest rate increase.