Eurogroup approves changes to ESM bailout fund

Eurogroup president Paschal Donohoe, on the screen, speaks during an online news conference following an Eurogroup video conference. FRANCISCO SECO | AFP | Getty Images LONDON — Euro zone finance ministers have agreed to strengthen the region’s crisis bailout fund — a long-awaited step that addresses how investors view the […]

China’s piggy bank, the National Social Security Fund, set to be among Ant Group’s top IPO investors

Ant Group is making room for China’s state pension fund, the National Social Security Fund (NSSF), to buy shares during the financial technology giant’s blockbuster initial public offering (IPO) in the coming weeks, according to people familiar with the matter. The group is favouring long-term investors who backed the country’s […]