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Asian Stock Markets Are Preparing For A More Hawkish Federal Reserve

On Monday, Asian stock markets fell as investors awaited a Federal Reserve meeting at which the financial sector is anticipated to confirm that it will soon begin removing the massive pool of liquidity that has fueled growth stocks in recent years. Worries about a probable Russian strike on Ukraine heightened the caution, with the US …

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Private Equity Firm TPG Hits $10 Billion Valuation In Strong Market Debut

TPG (TPG.O) stock rose more than 12 percent in its first day on the stock market on Thursday, valuing the 30-year-old private equity organization at more over $10 billion. TPG went public to take advantage of a pandemic-driven spike in buyout industry profitability. The private equity firm, which was co-founded by billionaire David Bonderman and …

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Macau Restricts Licenses To Only Six Casino Operators

The Macau government announced that the total of new casino firms allowed to run in the world’s largest gaming destination will be restricted to six, with a 10-year operating duration. The statement, which has been eagerly anticipated by casino operators, investors, and observers, puts to rest fears that the government will alter the number of …

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Chinese Developer Sunac Plans To Sell $580 Million In Shares To Pay Debts

Sunac China Holdings Ltd (1918.HK), a Chinese property developer, announced on Thursday that it planned to sell shares to raise HK$4.52 billion ($580.09 million) for debt repayment and general corporate reasons. Sunac China Holdings Ltd. (1918.HK), China’s third-largest developer, raised $580 million in a top-up share offer on Wednesday, following a liquidity issue that caused …

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Apple’s Market Capitalization Has Surpassed $3 Trillion. Becomes The First Company To Reach The Goal

On Monday, Apple Inc (AAPL.O) became the first organisation to achieve a stock market value of $3 trillion, before closing the day a centimetre below that figure, as shareholders bet the technology giant will keep going to launch finest new products while discovering new industries such as electric cars and virtual reality technology. Apple’s share price hit …

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