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China stocks slip as absence of policy measures adds to worries

  Bloomberg Chinese equities fall on Monday as traders remained concerned about whether there would be adequate policy support to spur growth after lenders left the borrowing costs unchanged. The CSI 300 Index closed down 0.2% after falling as much as 1%. Rate-sensitive financial firms and property developers weighed on the market. The Hang Seng China Enterprises Index, which tracks ...

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Blackstone plans fund for people with millions not billions

  Bloomberg Dentists, surgeons and other suburban millionaires don’t loom large on the client rosters of buyout funds run by the most elite investment companies. But inside Blackstone Inc, plans are afoot to develop its first private equity fund targeting such individuals as part of a project codenamed “BXPE.” The goal: build new war chests that would eventually gather tens ...

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Arab coalition intercepts Houthi attacks targeting Saudi facilities

  Riyadh / WAM Arab coalition has intercepted terrorist Houthi militia’s latest attacks targeting Saudi civilian objects and economic installations. Brigadier General Turki Al-Malki, the Official Spokesperson of the Coalition to Restore Legitimacy in Yemen, has said that the Houthi militia has escalated its hostile, cross-border attacks towards the Kingdom last night and earlier this morning, targeting civilian objects and ...

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