(Bloomberg) -- Rakuten Group Inc. has applied to list its banking arm on the Tokyo Stock Exchange, as the Japanese online retailer seeks to accelerate an expansion into fintech.Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutGermany’s Union Head Warns of Collapse of Entire Industri Read More...
Bloomberg
Chinese Developer Shimao Defaults on $1 Billion Dollar Bond
(Bloomberg) — Chinese developer Shimao Group Holdings Ltd. missed payment on a $1 billion dollar note due Sunday, its first default on a public bond after months of mounting stress. Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutGermany’s Union Head Warns of Collapse of Entire In
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