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Japan warns banks on risk of investment

Bloomberg Japan needs to remain vigilant about its banks’ overseas investments in bundled credit products because the underlying loans may be less spread out across industries or individual companies than they appear, a senior regulatory official said. ‘’Even if banks individually think they are well-diversified, it is possible that overall risks in the market are concentrated in the same sector ...

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‘Blank-check’ deals get new look after high-profile IPO flops

Bloomberg Special purpose acquisition companies (SPAC), once a last resort for owners looking to exit an investment, have become a popular choice for private companies spooked by the swings in the regular IPO market. This helped lead SPAC volumes to their best year yet with a range of top dealmakers from private equity firm TPG to banker Michael Klein getting ...

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Rakez pioneers eco-friendly developments in Ras Al Khaimah

Ras Al Khaimah / Emirates Business Ras Al Khaimah Economic Zone (Rakez) has become the first entity to support Ras Al Khaimah’s Energy Efficiency and Renewables Strategy 2040. With its upcoming developments, the economic zone has committed to complying with Barjeel, the green building regulations of the emirate, which will soon be mandatory to all building constructions. Currently, Rakez is ...

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