China News
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Yanzhou Coal Mining Company Ltd. plans to sell dollar-denominated subordinated securities and will begin a series of roadshows for institutional investors starting Monday, May 20.
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China’s new home prices rose in all but two cities in April, with housing values accelerating in key centers including Beijing and Shanghai as buyers defied the government’s latest round of property measures.
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Accenture Plc, the world’s second- largest technology-consulting company, said it will buy Acquity Group Ltd. for $316 million to add tools for digital marketing.
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Asian stocks rose, with the regional benchmark index advancing for a second week, as Japan’s Nikkei 225 Stock Average closed above 15,000 for the first time since 2007 after the yen touched a 4 1/2-year low against the dollar.
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