Finance

China’s Tencent raises $1.27 billion in dim sum bond deal

China’s Tencent raises $1.27 billion in dim sum bond deal

By Scott Murdoch (Reuters) -Chinese gaming and social media leader Tencent Holdings said on Wednesday it had raised 9 billion yuan ($1.27 billion) in a three-tranche offshore yuan bond deal. The ...

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Rick’s Cabaret parent, executives indicted in New York tax fraud and bribery case

Rick’s Cabaret parent, executives indicted in New York tax fraud and bribery case

By Jonathan Stempel NEW YORK (Reuters) – The parent company of Rick’s Cabaret and other strip clubs, as well as five executives, have been indicted over their alleged roles in a 13-yea...

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Will the Fed cut rates this week? These charts may determine its decision.

Will the Fed cut rates this week? These charts may determine its decision.

The Federal Reserve’s rate decision on Wednesday is shaping up to be its most consequential of the year, with most economists predicting the first cut of 2025. The real suspense is over how...

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