(The following statement was released by the rating agency) HONG KONG, June 04 (Fitch) Fitch Ratings has affirmed Indian Railway Finance Corporation Limited’s (IRFC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BBB-‘. The Outlook is Stable. A full list of rating actions is at the end of this commentary…
SHANGHAI, June 4 (Reuters) – China’s Alibaba Group Holding Ltd will buy for $194 million an undisclosed stake in domestic financial media firm China Business News (CBN), the e-commerce giant said on Thursday, adding to its growing clout in financial services.
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