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ODP To Be Acquired By Atlas Holdings Affiliate In $1 Billion Deal

(RTTNews) – The ODP Corp. (ODP), a provider of products, services, and technology solutions to businesses and consumers, on Monday announced that it has entered into a definitive agreement to be acquired by an affiliate of Atlas Holdings for $28 per share in cash.

China expands ‘circle of friends’ as overseas investors boost domestic assets

China’s top financial officials said the country’s assets have become much more attractive to overseas capital in the past year at a high-profile press conference, adding Beijing would continue to prioritise domestic economic objectives even as interest rate cuts from the US Federal Reserve have created room for looser monetary policy.
Adjustments to China’s monetary policy are “self-determined” and “data-based”, said Pan Gongsheng, governor of the People’s Bank of China, at the conference on…

Singapore Shares Overdue For Support On Monday

(RTTNews) – The Singapore stock market has finished lower in six straight sessions, slumping more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just above the 4,300-point plateau although it’s expected to open to the upside on Monday.
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