China expected to release supportive NEV policy measures ‘in coming days’ – state media

BEIJING (Reuters) – China is expected to release policy measures in the coming days that will promote development of the new-energy vehicle (NEV) sector, state media reported on Monday. Without elaborating on the specifics of the pro-NEV measures, the China Securities Journal article mentioned a cabinet meeting on June 2, which highlighted a push for …

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New China-focused hedge fund bucks trend to raise more than $100 million

By Summer Zhen and Xie Yu HONG KONG (Reuters) – A new China-focused hedge fund, led by a former Hillhouse Capital Management fund manager, has raised between $100 million and $150 million, marking one of the strongest launches for a China-focused fund this year. Hong Kong-headquartered Protium Capital Ltd, a long-short equity fund, will begin …

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Australian Senate paves way for landmark referendum on Indigenous voice in constitution

By Praveen Menon SYDNEY (Reuters) -Australia’s Senate passed legislation on Monday that paves the way for the country to hold a landmark referendum later this year on whether to recognise its Indigenous people in the constitution. In a final vote in the upper house of parliament, 52 voted in favour of the bill while 19 …

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