Global fund launches touch a record in China as yuan slumps

May 31, 2024 admin

Eleven funds, under the Qualified Domestic Limited Partner programme, have been launched so far this year. File | Photo Credit: Reuters Global fund launches in China have hit a record as a weakening yuan and fragile economy drive demand for foreign assets, in the latest sign of low confidence among domestic investors. Eleven funds issued…

Business

Global Fund secures deal to slash HIV treatment price

August 30, 2023 admin

The Global Fund announced on August 30 a deal with generic pharmaceutical manufacturers to significantly slash the price of a cutting-edge HIV drug, in a move it said would save lives. The Global Fund, a partnership set up in 2002 to battle AIDS, tuberculosis and malaria, said the agreement would make it possible to provide…

World