DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Rescued China bank suspends payments on dollar securities
Bloomberg A regional Chinese lender under the spotlight for liquidity strains plans to suspend dividend payments on its offshore preference shares, sending indicated prices on those securities tumbling. Bank of Jinzhou Co, which was the subject of a government-orchestrated rescue in July, said that it’s seeking shareholder approval to halt dividends for the year through October 26. That’s after its …
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