Sony Shares Fall as Offer for Paramount Spurs Financing Concerns
Sony Group Corp.’s shares slid the most in almost three months after its proposal to buy Paramount Global raised financing concerns.
Sony Group Corp.’s shares slid the most in almost three months after its proposal to buy Paramount Global raised financing concerns.
China tightened rules for hedge funds, raising the minimum-asset threshold of the 5.5 trillion yuan ($762 billion) industry while imposing restrictions on the use of derivatives and leverage.
Chinese businesses from electric vehicles to infrastructure have much at stake from President Xi Jinping’s visit to Europe this week as trade tensions simmer.
Philippine inflation quickened for a third straight month in April, and the continued strain on food supply may keep prices under pressure and prompt the central bank to hold its key rate at a 17-year high.
Asian stocks eked out gains on Tuesday, following Wall Street’s advance on optimism the Federal Reserve will start cutting interest rates this year. The yen dropped.
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