Pengyuan Credit Rating (Hong Kong) Co., Ltd. is building out a new team to analyse the credit worthiness of companies looking to sell offshore bonds, the latest Chinese ratings firm to expand overseas to take advantage of the booming Asian dollar bond market. The Hong Kong-based unit of
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Asia recorded the best sales in their air ticket distribution business by destination for the tracked periods, accounting for 47.1 percent. The group distibutes air tickets for more than 170 airlines and has also secured private fare deals with over 70 airlines, including top carriers in Canada, US and China.
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(BLOOMBERG) — Germany's Social Democrats backed formal coalition talks with Chancellor Angela Merkel after a divisive party convention, marking a potential breakthrough toward her fourth term and an easing of political uncertainty in Europe's biggest economy. A narrow majority of the 600 SPD
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The government plans to sell 6.5 times more shares than it offered last year, Deputy Prime Minister Vuong Dinh Hue said in an interview with Bloomberg Television. The state raised 135.6 trillion dong ($6 billion) from these sales in 2017. “We need more foreign investment but also want to lure good
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The euro advanced on optimism Germany's Angela Merkel has made a breakthrough toward her fourth term after months of stalement, while the dollar recovered from earlier lows as the federal government shutdown continued. Asian equities were set for small gains when trading starts Monday.
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