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#SaudiArabia has boosted its investments in U.S. treasury bonds by $5.4 billion, which translates to 4.3% ...

With growing security responsibilities on the cloud, there has also been a demand for virtualization and ...

KKR & Co. has geared up on operations in Japan despite the Covid-19 pandemic with an ...

SoftBank has confirmed it is looking to sell or list Arm Holdings Inc., forward of the ...

The reduction in coal-power has been a boon for wind and solar energy that saw a ...

 In its China life insurance joint venture, HSBS Holdings enters to buy the remaining 50%  stake to fully own the company as China gears up its markets by removing foreign ownership  restrictions on foreign funded insurance companies.   This agreement will help HSBC to expand its mark in China, as part of CEO Noel Quinn’s plan  to boost the company’s business and enhance its investments and capital to Asia. In a  statement, Quinn tells that they are trying to make steps in their growth strategy, despite the  coronavirus pandemic, and that the transaction will help boost the ambition of accelerating  growth in their Asian franchise and further extend their capabilities in wealth.   As part of its broad overhaul announced earlier on February, HSBC, Hong Kong had turned its  focus on growth markets such as mainland China and Hong Kong.   After U.S. and Japan, China’s insurance comes third with an estimated $318bn in premiums,  and with current reforms in ownership restrictions, HSBC joins the list of companies as foreign  fully-owned insurers in mainland China. China opened its asset-management markets for wider  foreign firms and companies on April 1st this year despite the ongoing Covid-19 crisis.   

G20 is a platform for 20 countries across the globe that helps in resolving financial and ...