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[ad_1] The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal

Nissan shares surge 22% after media reports on potential merger with Honda

[ad_1] Nissan Motor shares surged Wednesday following a media report that the Japanese automaker is looking to merge with Honda.

[ad_1] The company had raised 120 billion yen in its IPO, exercising a overallotment option. Shares were priced at 1,455

[ad_1] India's Adani Group has denied allegations of bribery and fraud made by U.S. authorities in relation to the group's

[ad_1] Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to

[ad_1] The People's Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the

[ad_1] The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support

[ad_1] Beijing has faced public scrutiny over its ability to meet its own annual growth target of "around 5%." [ad_2]

[ad_1] Ni Hong, China's minister of housing and urban-rural development, made the announcement at a press conference on Thursday. [ad_2]