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Corporate Finance Business Capital

  • Treasury official dashed hopes for a World Bank capital increase in the near term, saying the multilateral lender first needs to review its balance sheet to ensure resources are going to countries and projects that need them most. The World Bank Group two years ago had set a goal of agreeing on a capital increase for its International Bank for Reconstruction...

  • *Yuan flows likely be positive for IPO activity in China. HONG KONG, Sept 22- China- focused venture capital funds are increasing their bets on local technology companies and a further opening of Chinese domestic capital markets, raising money in the yuan at the fastest pace in five years. Those include the 350 billion yuan sought by the China Structural Reform...

  • *China looks to stamp out illegal fund raising. SHANGHAI/ BEIJING, Sept 13- China's move last week to ban initial coin offerings has caused chaos among start-ups looking to raise money through the novel fund-raising scheme, prompting halts, about-turns and re-thinks. China is cracking down on fundraising through launches of token-based digital currencies,...

  • *China looks to stamp out illegal fund raising. SHANGHAI/ BEIJING, Sept 13- China's move last week to ban initial coin offerings has caused chaos among start-ups looking to raise money through the novel fund-raising scheme, prompting halts, about-turns and re-thinks. China is cracking down on fundraising through launches of token-based digital currencies,...

  • *China looks to stamp out illegal fund raising. SHANGHAI/ BEIJING, Sept 13- China's move last week to ban initial coin offerings has caused chaos among start-ups looking to raise money through the novel fund-raising scheme, prompting halts, about-turns and re-thinks. China is cracking down on fundraising through launches of token-based digital currencies,...

  • *China looks to stamp out illegal fund raising. SHANGHAI/ BEIJING, Sept 13- China's move last week to ban initial coin offerings has caused chaos among start-ups looking to raise money through the novel fund-raising scheme, prompting halts, about-turns and re-thinks. China is cracking down on fundraising through launches of token-based digital currencies,...

  • NEW YORK, Sept 8- Bitcoin fell sharply on Friday after a report from a Chinese news outlet said China was planning to shut down local crypto-currency exchanges, although analysts said this was just a temporary setback. Sources close to a cross regulators committee that oversees online finance activities told Chinese financial publication Caixin that...

  • NEW YORK, Sept 8- Bitcoin fell sharply on Friday after a report from a Chinese news outlet said China was planning to shut down local crypto-currency exchanges, although analysts said this was just a temporary setback. Sources close to a cross regulators committee that oversees online finance activities told Chinese financial publication Caixin that...

  • HONG KONG, Sept 1- Chinas Legend Holdings struck a deal on Friday to buy a 90 percent stake in Banque Internationale a Luxembourg for 1.48 billion euros in the biggest takeover of a European deposit-taking bank by a Chinese firm so far. Legend, best known as owner of computer group Lenovo Group Ltd, is acquiring 161- year-old BIL from Precision Capital, an...

  • HONG KONG, Sept 1- Chinas Legend Holdings struck a deal on Friday to buy a 90 percent stake in Banque Internationale a Luxembourg from Qatar's royal family for 1.48 billion euros, marking its biggest overseas acquisition. Legend, owner of computer group Lenovo Group Ltd, is acquiring 161- year-old BIL from Precision Capital, an investment vehicle of Qatar royal...

  • Aug 29- Kik Interactive, the Ontario, Canada- based creator of the global chat platform Kik, valued at $1 billion, said on Tuesday it will launch in two weeks the sale of its own crypto currency which is expected to raise $125 million. It was founded in 2009 by a group of University of Waterloo students. "We believe there is an opportunity to fundamentally change how...

  • NEW YORK, Aug 29- Kik Interactive, the Ontario, Canada- based creator of the global chat platform Kik, valued at $1 billion, said on Tuesday it will launch in two weeks the sale of its own cryptocurrency which is expected to raise $125 million. It was founded in 2009 by a group of University of Waterloo students. "We believe there is an opportunity to fundamentally change...

  • Cramer Remix: The boring, no-name, unsung stock that’s been a huge winner

    Jim Cramer explains why you don’t need tech stocks and other high flyers to have a winning portfolio.

  • How Netcapital's CEO built a company that lets entrepreneurs leverage their popularity for funds

    Jim Cramer sat down with Netcapital founder and CEO Jason Frishman to find out how he is changing the company financing game.

  • Jim Cramer on "Mad Money."

    Jim Cramer explains why you don’t need tech stocks and other high flyers to have a winning portfolio.

  • Jason Frishman, CEO, Netcapital

    Jim Cramer sat down with Netcapital founder and CEO Jason Frishman to find out how he is changing the company financing game.

  • NEW YORK, June 12- The Bancor token project raised about $147 million on Monday in an initial coin offering, making it the second-largest fundraising campaign in the blockchain industry, according to the Bancor website. The Ethereum currency last traded at $369.62, according to Etherscan, which provides data on the Ethereum blockchain. The largest fundraising...

  • DC, Maryland Attorneys General reportedly to sue Trump over alleged violations of the U.S. Constitution

    The state attorneys general for Maryland and Washington, D.C. plan to sue U.S. President Donald Trump over allegations he violated anti-corruption clauses in the U.S. Constitution.

  • "Whether or not you are regulated by the SEC, you still have fiduciary duties to your investors," said Valerie Szczepanik, the head of the SEC's distributed ledger group. The SEC official, who is also an assistant director of the commission's division of enforcement, spoke at a panel discussion at the Consensus blockchain conference in New York.

  • NEW YORK, May 17- Fintech Investment Group, a U.S.-based commodity trading adviser, plans to launch an initial coin offering in June for its own token that allows investors to trade currencies on a digital platform, company founder Alan Friedland said. Friedland said 3 million coins, of the total current supply of 10 million, will be sold next month, potentially...