Asia

Russia says it won’t accept oil price cap and is preparing response

Dec 3 (Reuters) – Russia “will not accept” a price cap on its oil and is analyzing how to respond, the Kremlin said in comments reported on Saturday, in response to a deal by Western powers aimed at limiting a key source of funding. for its war in Ukraine. Kremlin spokesman Dmitry Peskov said Moscow …

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Soccer World Cup fans see double standard in stadium politics ban

Fan representative says inconsistency a ‘real problem’ Security clamps down on support for Iran protests Slogans showing support for Palestinians allowed DOHA Dec 2 (Reuters) – When is it and is it not acceptable to display a political banner at the World Cup in Qatar? The answer seems to depend largely on the political message, …

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Analysis: Blackstone REIT restriction a possible warning sign for markets

LONDON, Dec 2 (Reuters) – While there has been little wider fallout from this week’s surge in redemption requests at an unlisted Blackstone real estate income trust (REIT), it is being read by some as a warning sign. Blackstone (BX.N) limited withdrawals from its $69 billion unlisted REIT on Thursday after redemption requests hit pre-set …

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Blackstone’s $69 bln REIT curbs redemptions in blow to property empire

NEW YORK, Dec 1 (Reuters) – Blackstone Inc (BX.N) limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a surge in redemption requests, an unprecedented blow to a franchise that helped it turn into an asset management behemoth. The curbs came because redemptions hit pre-set limits, rather than Blackstone …

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IPO market nearly paused, but exchange leaders expect 2023 boost

NEW YORK, Dec 1 (Reuters) – A global slowdown in initial public offerings due to heightened market volatility and a regulatory cloud over new listings from China has created pent up demand that could lead to an IPO boom in 2023, industry executives told the Reuters. NEXT conference. Global IPOs hit record-high levels in 2021, …

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UN seeks record $51.5bn aid ‘lifeline’ for 2023 | United Nations News

The UN estimates that 339 million people worldwide will need some form of emergency assistance next year. The United Nations and its partners have launched an appeal for a record $51.5bn in aid money for 2023, with tens of millions of additional people expected to need humanitarian assistance. The UN Global Humanitarian Overview estimates that …

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US urges caution on low-quoted Russian oil prices as EU price debates cap

NEW YORK, Nov 30 (Reuters) – The Biden administration broke its silence on Wednesday on European Union deliberations over a $65-70 per barrel Russian oil price cap on Wednesday, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution. A US official told Reuters that recently quoted Urals prices in …

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Kronospan’s remedies did not address concerns on the Polish deal, EU’s Vestager says

BRUSSELS, Nov 30 (Reuters) – Austrian wood panel maker Kronospan failed to allay EU antitrust concerns over its bid for German wood maker Pfleiderer’s Polish unit, EU antitrust chief Margrethe Vestager said on Wednesday after the companies scrapped the deal. The European Commission opened a full-scale investigation into the deal in April and had subsequently …

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Hong Kong sees IPO slowdown reversing; eyes international issuers

HONG KONG, Nov 30 (Reuters) – Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors from markets including the Middle East and Southeast Asia, the city’s chairman of the Bourse. operator said. China’s economic slowdown, a sweeping regulatory crackdown that has …

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