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Airtel Money’s owners are considering raising less money than previously sought in the company’s initial public offering, a listing process that could start as soon as next week, according to people familiar with the matter.
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US stocks rose on Thursday as Treasuries rallied and oil prices fell for a second day in a row.
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Turkey’s market regulator filed criminal complaints against dozens of people and imposed trading bans over alleged share-price manipulation by asset managers at the heart of turmoil that’s shaken the country’s investment fund industry.
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AirAsia Group Bhd shares plunged as much as 21% to the lowest in almost four years, after reports Malaysia’s government had asked other local airlines to potentially absorb the cash-strapped carrier’s domestic market share.
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Shares of Hong Kong developers dropped after the city followed the Federal Reserve with an interest rate increase, fueling concerns that higher borrowing costs may derail a nascent housing market recovery.
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Board to discuss if outgoing Chairman Natarajan Chandrasekaran should be asked to stay on.
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