China Tower gets approval for IPO in Hong Kong

Source: Dukascopy Bank SA
China Tower, the world's biggest mobile mast operator, won approval in Hong Kong for an initial public offering, which could raise nearly $10B, according to sources familiar with the situation.
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Fri, 29 Jun 2018 02:52:45 GMT

Nike returns to expansion in North America

Nike beat profit in the fourth quarter and revenue estimates, as focus on direct-to-customer sales and new launches helped reverse decreasing sales in North America for the first time in the reported year.

Fri, 29 Jun 2018 02:32:41 GMT

Sharp cancels share issue amid impact of US-China trade issues

Japan's Sharp Corp cancelled the intention to issue up to $2B in new shares, citing trade friction between the US and China, which increased volatility in the stock market.

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