Emerging markets

A Tencent investor cut his stake. That’s not bad for China’s internet recovery.

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textual content dimension Web conglomerate Prosus and its mum or dad firm Naspers have reduce their stake in Tencent and bought JD.com shares. Gilles Sabrie/Bloomberg When a big shareholder begins to promote, it’s normally a flag. web conglomerate Prose and its mum or dad firm nappers Monday’s determination to cut back its stake within the … Read more

Russian ruble is at its highest level in 7 years despite sanctions

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The Russian one ruble coin and the Russian flag displayed on a display screen are seen on this a number of publicity photograph illustration taken in Krakow, Poland, on March 8, 2022. Jakub Porzycki | Nurfoto | pretend photographs The Russian ruble hit 52.3 per greenback on Wednesday, up about 1.3% from a day earlier … Read more