Latest news with #stock exchange
Bloomberg
6 days ago
- Business
- Bloomberg
Colombia's Corporate Debt Revival Cut Short by Fiscal Turmoil
A rebound in bond sales by Colombian companies last year proved short-lived, falling victim to President Gustavo Petro's determination to whack up fiscal spending in defiance of investor concerns. Corporate bond sales dropped more than 70% through early July to the equivalent in pesos of about $122 million, according to data by the country's stock exchange. That is reminiscent of the post-pandemic slump of 2023.
Bloomberg
14-07-2025
- Business
- Bloomberg
China Vanke Says First Half Net Loss May Rise to $1.67 Billion
China Vanke Co. said its loss for the first half of 2025 could reach $1.67 billion, underscoring the lingering problems in the nation's property market. Vanke reported preliminary a net loss for the period of 10 billion yuan to 12 billion yuan, according to a filing with the Hong Kong stock exchange Monday evening.
Bloomberg
13-07-2025
- Business
- Bloomberg
Worldline Turmoil Hands Swiss Bourse a $300 Million Headache
By , Jan-Henrik Foerster, and Noele Illien Save Romeo Lacher was full of ideas when he sold the payment services division of Switzerland's stock exchange SIX Group AG to French firm Worldline SA in 2018. The 2.75 billion Swiss franc ($3.5 billion) deal gave SIX a 27% stake in Worldline and would provide SIX with an 'extreme' amount of firepower to participate in Europe's consolidating market infrastructure sector, Lacher, then chairman of SIX, said at the time. He later held the same position at Swiss wealth manager Julius Baer Group Ltd., before exiting earlier this year.
