Reuters

By Saeed Azhar

NEW YORK (Reuters) - U.S. investment bank Goldman Sachs is muscling into the lending market for private equity and asset managers, planning an overseas expansion as it helps fill a void left by turmoil at regional banks and the sale of Credit Suisse.

The Wall Street bank and rivals JPMorgan Chase and PNC Financial Services are stepping up in this $800 billion to $1 trillion market as private equity deal activity is expected... (continue reading...)

By Selena Li

HONG KONG (Reuters) - Hong Kong will allow mainland China's pilot digital currency to be used in shops in the city, the head of its de facto central bank said on Friday, marking a step forward for Beijing's efforts to internationalise the yuan amid rising geopolitical tensions.

The programme, backed by Beijing, will allow mainland Chinese and Hong Kong residents to open digital yuan wallets via a mobile app developed by... (continue reading...)

By Angelo Amante

ROME (Reuters) - Israel must comply with international law in Gaza and address the devastating humanitarian crisis in the Palestinian enclave, a group of Western nations wrote in a letter to the Israeli government seen by Reuters on Friday.

All countries belonging to the Group of Seven (G7) major democracies, apart from the United States, signed the letter, along with Australia, South Korea, New Zealand, the Netherlands,... (continue reading...)

By Anousha Sakoui

LONDON (Reuters) - BHP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a note.

They raised their price target for London-listed Anglo to 27.75 pounds a share after reexamining the value of its copper assets, and said the discount for the shares to the implied value of BHP's offer was at its greatest level, implying the... (continue reading...)

MOSCOW (Reuters) - Russia and China expect to a sign a contract "in the near future" on the Power of Siberia-2 gas pipeline, which will carry Russian gas to China, Russian Deputy Prime Minister Alexander Novak was cited as saying by Interfax late on Thursday.

Russia has been in talks for years about building the Power of Siberia-2 pipeline to carry 50 billion cubic metres of natural gas a year from the Yamal region in northern Russia to China via... (continue reading...)