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China is preparing a coordinated capital-boosting programme worth about $54 billion for major state-owned banks and insurers, as Beijing moves to reinforce the country’s financial system and strengthen the...

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China Plans $54 Billion Capital Injection for State Banks and Insurers

China is preparing a coordinated capital-boosting programme worth about $54 billion for major state-owned banks and insurers, as Beijing moves to reinforce the country’s...

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Jane Street was hit by a $15 billion loss in July following losses tied to its investment in AI-focused hedge fund Situational Awareness and...

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