THE long-brewing troubles at Credit Suisse Group exploded into a full-blown crisis on Wednesday (Mar 15) as its stock and bonds cratered and some of the world’s biggest banks raced to shield their finances from the potential fallout.
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Japan plans to better manage war chest for yen intervention
Tokyo resumed massive intervention in late April when the currency slid past 160 per dollar
Temasek’s SeaTown, Oman wealth fund invest in Vinpearl’s US$255 million private credit
The financing was structured through convertible dividend preference shares, that pay dividends with the option to convert to equity
