The Fed raises interest rates by 75 basis points and declares that there are "far to go" while expressing hope for a slowdown

The Federal Reserve raised interest rates by 75 basis points on Wednesday, as predicted, for the fourth time in a row, while also avoiding any explicit signal of an end to its relentless tightening.

The central bank did, however, change its phrasing to give Wall Street and economists ho...

ITOCHU CORP. SECURES ADDITIONAL SHARES IN FAMILYMART CO.; RAISED STAKE TO 65.71 PERCENT

Highlights –

• Itochu Corp. secures additional shares in FamilyMart Co.; raised stake to 65.71 percent.
• Itochu is planning to boost its holding from 50.1 percent to 65.71 percent.
• Itochu is willing to pay $22 per share.
• Fami...

$43M raised by Clover Biopharmaceuticals in Series B Funding

Based in China, the global clinical-stage bio-tech company Clover Biopharmaceuticalsis focusing on innovative biologic therapies, sealed a US$ 43m (RMB 304m) Series B financing.

Lead by Delos Capital and Lapam Capital, along with some help by from Betta Capital, Sichuan Health Care Indu...