Cash-strapped French supermarket retailer Casino on Monday said it aims to conclude a debt restructuring agreement with its creditors by the end of next month, telling creditors it needed an equity contribution of "at least 900 million euros" ($981.63 million).
Singapore's central bank will announce improved tax incentives in July to recognise the charitable contributions of family offices - companies that manage wealthy families' assets, a senior minister said on Friday.
Pressure is mounting on China's cash-strapped local governments as authorities move to shut a private funding route for their financing arms, according to planned new rules and people familiar with their aims, raising credit risks and default worries.
Bahrain's state investment fund Mumtalakat is buying preference shares and warrants worth 400 million pounds ($510.48 million) in carmaker McLaren from Saudi Arabia's Public Investment Fund (PIF) and Ares Management, Sky News reported on Wednesday.
Gold prices edged higher on Tuesday after the dollar pulled back, although the moves were muted as traders awaited the U.S. inflation data and the Federal Reserve's decision on interest rates.