ABU DHABI/WAM Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, led a high-level …
Read More »UBS loss is hard cheese for Singapore
Sour grapes. That’s a two-word description for the Singapore sovereign fund’s decision to slash its shareholding in UBS Group AG at a loss after nursing the investment for nearly a decade. But is the sale also a flashing neon ‘buyer beware’ sign for HNA Group Co., the Chinese aviation-to-hotels conglomerate that recently boosted its stake in another European lender, Deutsche …
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