NORWAY’S US$1.3 trillion sovereign wealth fund has recommended that the country should consider investing in unlisted equities in the longer term to boost returns.
CRYPTOCURRENCY conglomerate Digital Currency Group (DCG) has closed its wealth-management division, known as HQ, in the latest sign of trouble amid a deep and prolonged slump in the crypto industry.
SINGAPORE’S main crypto lobby group has pushed back on the central bank’s proposals to bar crypto firms from lending out retail customers’ digital tokens, saying such a measure is “overly restrictive.”
CHINESE banks are among a handful of lenders finalizing a deal to buy around 600 million euros (US$631 million) of the debt backing the merger of Orange and Masmovil Ibercom SA’s Spanish divisions, one of Europe’s largest leveraged finance deals.
