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Why China declared bitcoin a spent force

By putting restrictions on the trading of the online crypto-currencies generically known as bitcoin, China appears to have moved ahead of the curve. In the first week of this month, the People’s Bank of China, the country’s central bank, and other financial authorities banned organizations and individuals from raising funds …

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Argentina increases 2024 dollar bond issuance

BUENOS AIRES, Aug 4 (Reuters) – Argentina increased its dollar-denominated Bonar 2024 sovereign bond issuance by $4 billion on Friday, the second time it has increased the bond in a little over a month. President Mauricio Macri’s government will sell $2.7 billion of the bond to Nomura Securities Internacional Inc., …

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Croatian utility sells 2nd tranche of local bond

ZAGREB, June 29 (Reuters) – Croatian utility Zagrebacki Holding on Thursday sold a second tranche of its seven-year bond worth 500 million kuna ($76.92 million) at a yield of 3.5 percent to maturity, the arrangers said. The bond altogether amounts to 2.3 billion kuna. The first tranche, worth 1.8 billion …

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Russia’s MICEX-RTS stockmarket picks IPO banks-IFR

MOSCOW, Feb 21 (Reuters) – Russia’s newly merged MICEX-RTS stock exchange has selected banks to handle its up to $1 billion share float, giving top roles to the country’s two largest banks, Sberbank and VTB, IFR reported on Tuesday. The pair will work together on an initial public share offering …

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