U.S. hedge fund manager George Soros has spent HK$200 million to subscribe for shares offered by mainland real estate developer Longfor Properties Co<0960> in its Hong Kong IPO, sources reported. Chongqing-based Longfor expected to raise HK$6 billion to HK$7.1 billion by selling 1 billion shares,...
Every Halloween there is no shortage of children dressed up as vampires, werewolves and witches. If, however, a child truly wanted to inspire horror in the adults handing out the sweet candy treats, he or she would be better to put on a suit, tie and wing-tipped shoes, and threaten to topple the market. In this article, we'll take a look at the frightening financial figures that caused terror on Wall Street.
* Dow, S&P 500 down 2 percent * Soros says U.S. economy faces long slowdown * Japan to spend 2 pct of GDP on package due Friday * Investors pile into HSBC $19 billion rights...
* Soros-Economic woes offer incentive to stay in eurozone * US stocks fall on Sun/IBM merger failure * Japan to spend 2 pct of GDP on package due Friday * Investors pile into HSBC $19...
Soros Fund Management LLC, founded by George Soros, has spent US$100 million to invest in China Minsheng Banking Corp Ltd<600016>, which plans to issue 3.82 billion H shares in an initial public offering on the Hong Kong Stock Exchange, sources reported. In addition, private equity fund Hopu Fund...
LONDON, Oct 23 - Billionaire investor George Soros said U.S. taxpayers were entitled to resent bankers' bonuses because their profits were funded by government bailouts, according to an interview published in the Financial Times. "Those...
NEW YORK, Oct 15 - Billionaire investor and philanthropist George Soros said on Thursday that the U.S. economy is going to act as a drag on world growth. Speaking at conference sponsored by the Economist...
BOSTON, Sept 1 - Billionaire investor George Soros, long celebrated for his shrewd market picks, proved his acumen anew in the last year when his firm's assets surged 41 percent while most rivals' assets tumbled....
BEIJING, June 12 - Credit default swaps are "instruments of destruction" that should be outlawed, billionaire investor George Soros said on Friday. Soros said the asymmetry of risk and reward embedded in CDS exerted so...
BEIJING, June 12 - Credit default swaps are "instruments of destruction" that should be outlawed, billionaire investor George Soros said on Friday. Soros, speaking at a financial conference in Beijing, explained that such swaps grossly...