Nidec's new chief blames expansion drive, profit chase for write-downs
We haven't written up this one. Nikkei Asia has the full story — the link below goes straight to it.
More in Finance & Markets
Ares leads $2bn financing for Phoenix Tower International
Ares Management is leading a $2bn debt facility for Phoenix Tower International (PTI), as part of a broader $6.5bn financing package designed to refinance the telecom infrastructure operator’s…
- Ares Management leads $2bn debt facility for Phoenix Tower International.
- Financing part of $6.5bn package to refinance current debt and support expansion.
- PTI manages over 33,000 wireless sites in 23 countries globally.
Responsible Fintech Institute Appoints Four Executive Fellows
The Responsible Fintech Institute (RFI) has appointed Professor Lawrence Loh, Associate Professor Eugene K.B. Tan, ...
Bill Gross recommends not having bonds in portfolio and being cautious with stocks
The current strategy of the investor and co-founder of Pimco is to preserve and protect.
Sensex Crashes 1,000 Points: Rs 9 Lakh Crore Wiped Out As Foreign Investors Sell Indian Stocks En-Masse
Stock Market News: On September 30 alone, FIIs sold Indian equities worth more than Rs 10,000 crore. One major trigger is the rise in US bond yields.
UK 30-year gilt yields hit 6% for the first time since 1998 as bond selloff deepens
Britain's 30-year government bond yields hit 6 per cent for the first time since early 1998 piling further pressure on the Chancellor ahead of the Budget.