SINGAPORE (Reuters) - U.S. private equity firm KKR has raised $1.1 billion in its inaugural Asia credit fund that provides debt financing to companies.
See the latest US China competition legislation, including proposals such as USICA, Competes Act, and a corporate tax comparison from the Tax Foundation.
Alibaba’s (NYSE: BABA) stock soared as much as 13% in New York Tuesday after the Chinese company boosted its repurchase program from USD15 Billion to USD25 Billion.