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Iran's attack on Israel: China could play a big role in reducing contagion risk, ex-diplomat says
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July 1, 2024July 1, 2024IPOs

Dechert weighs shuttering offices in Hong Kong, Beijing: Reuters

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U.S.–founded law firm Dechert is considering closing its offices in Hong Kong and Beijing, becoming the latest foreign firm to scale back in Greater China, two people said, amid a prolonged capital market downturn and growing Sino-U.S. tensions. Nurphoto | Nurphoto | Getty Images U.S.-founded law firm Dechert is considering closing its offices in Hong Kong and...

Competition for yields is moving flows from stock market to bonds, CIO says
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September 15, 2023September 15, 2023Investing, Personal Finance

Hold cash for now, don’t buy debt and bonds

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Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Milken Institute Conference Bloomberg | Bloomberg | Getty Images As concerns mount over rising interest rates and inflation levels, billionaire investor Ray Dalio says he prefers to hold cash for now, not bonds. “I don’t want to own debt, you know, bonds and...