BHP Proposed Offer Valuing Anglo American at £31.1 Billion
BHP Group confirmed it made an all-share proposal to Anglo American Plc valuing the smaller mining company at £31.1 billion ($38.8 billion).
BHP Group confirmed it made an all-share proposal to Anglo American Plc valuing the smaller mining company at £31.1 billion ($38.8 billion).
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker.
China has taken another step to limit domestic investors’ exposure to offshore debt issued by local government financing vehicles, according to people familiar with the matter.
The Philippine peso’s current slump is unlikely to prompt the central bank to raise its key interest rate from a 17-year high at this time, according to Finance Secretary Ralph Recto.
South Korea is developing a platform to monitor short-selling that can help identify illegal transactions, though it appears unlikely it will be put into use before the nation’s ban on the trading practice expires in June.
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