Bloomberg Chinese domestic equities are worth more than $10 trillion for the first time since 2015, when a record crash erased half the market’s value in months and saddled millions of investors with losses. The world’s second-largest stock market added $3.3 trillion since a low in March, helped by Beijing’s policies to encourage trading, a flurry of new listings that …

Abu Dhabi / WAM Mubadala Investment Company on Tuesday announced that it is pumping 200 million euros into Evotec SE, a German pharmaceutical company that specialises in drug discovery solutions. Evotec SE said that it resolved a capital increase from its authorised capital without pre-emptive rights against cash. Evotec will issue a total of 11,478,298 new shares to Mubadala Investment …

Bloomberg The International Monetary Fund (IMF) warned that the world economy still faces an uneven recovery until the coronavirus is tamed even as it offered a less-dire view of this year’s recession following massive stimulus from central banks and governments. The fund now forecasts world gross domestic product (GDP) to shrink 4.4% this year, compared with the 5.2% drop seen …