Shares jump 36% for major Chinese conglomerate unit on news of $1 billion deal

by | Aug 9, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Wanda Hotel Development, a unit of Chinese conglomerate Dalian Wanda Group ledby Wang Jianlin, said it would buy assets worth over 7 billion yuan ($1.05 billion) from Wang-controlled companies as part of a restructuring. Shares of Wanda Hotel jumped as much as 36...

Democratic Fight in California Is a Warning for the National Party

by | Aug 9, 2017 | Bad Credit Loans, Bank Lending, Bauman, Eric C., Business Lending, Business Loans, California, Capital, Democratic Party, Economics, Elections, State Legislature, Ellis, Kimberly, Finance, Health Insurance and Managed Care, Midterm Elections (2018), Non-Bank Loans, Politics and Government, State Legislatures, Working Capital

By ADAM NAGOURNEY August 9, 2017 SACRAMENTO — For Democrats across the nation, California has offered a bright if lonely light this year. The party controls every statewide office and commands supermajorities in the Legislature. Gov. Jerry Brown and...

Asian shares to focus on North Korea tensions, with safe haven assets still in demand

by | Aug 9, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Back in Asia, futures tipped a higher open for Japanese equities. Nikkei futures traded in Chicago were up 0.18 percent at 19,775 and Osaka futures were 0.16 percent higher at 19,770 — compared to the Nikkei 225’s last close of 19,738.71. Meanwhile,...