China Venture Capital Ties Weaken
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ISM service-sector gauge weakens sharply in April
The Institute for Supply Management said on Friday that its service-sector PMI dropped sharply to 49.4% in April from 51.4% in the prior month.MarketWatch - Business -
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Capital-Gains Tax Hits More Home Sellers
The $500,000 exemption for home sales hasn’t changed since 1997.The Wall Street Journal - World -
Mubadala Capital plans $13.5bn biofuels investment in Brazil
Arm of Abu Dhabi sovereign wealth fund also backs launch of new stock exchange in South American nationFinancial Times - Business - Brazil -
Sen. Mike Braun’s economic ties to China didn’t matter in 2018. Why is it contentious now?
The politics surrounding China have shifted dramatically in deep-red Indiana.Politico - Politics - China -
Hong Kong Regulators Start Insider Dealing Case Against Segantii Capital
Hong Kong’s securities regulator has started criminal proceedings against hedge fund management firm Segantii Capital Management, the firm’s founder and a former trader over insider dealing.The Wall Street Journal - World - Hong Kong -
Former Merrill Lynch banker named in Segantii Capital insider dealing case
Hong Kong has brought criminal proceedings against the hedge fund and its founder Simon SadlerFinancial Times - World