Chinese internet giant Baidu Inc is tapping debt markets with a two-tranche, U.S. dollar sustainability bond in a deal that could test global investor appetite for China tech assets as Beijing cranks up regulatory scrutiny.
Philippines conglomerate JG Summit Holdings Inc and its partner, South Africa's Tyme, have been granted a licence to operate a digital bank in the Southeast Asian nation, the companies said on Monday.
Chinese steel futures declined on Monday, with rebar leading the declines after falling to a more than 10-day low, as slower-than-expected growth in industrial output and cooling construction activities in the country weighed on prices.