MUMBAI, Jan 20 (Reuters) – Singapore’s sovereign wealth fund GIC is investing 10.2 billion rupees ($165.5 million) in India’s Bandhan Financial Services, which is setting up one of the country’s two newest banks, Bandhan’s chairman said on Tuesday.
HONG KONG, Jan 20 (Reuters) – Chinese property companies are having to turn to more expensive sources of finance as problems at developer Kaisa Group make it increasingly difficult for them to get credit in the offshore market.
SHANGHAI, Jan 20 (Reuters) – Chinese shares rebounded on Tuesday from their biggest tumble since the global financial crisis the day before, after the stock regulator denied speculation it had intentionally sought to suppress the market’s rally.
WELLINGTON, Jan 20 (Reuters) – New Zealand dairy farmers are facing a further cut to this year’s expected payout as rising supply, a strong currency and still weak demand will hamper a recovery in the sector, ANZ bank economists said on Tuesday.
Finance comwellington, currency, demand, economists, expected, facing, further, hamper, payout, recovery, rising, sector, strong, supply, zealand