The Traderszone Network

Patrick Drahi, the billionaire owner of deal-hungry European telecoms group Altice (ATCE.AS), will not let missing out on Time Warner Cable (TWC.N) dissuade him from further expansion in the United States, people familiar with the situation said. Taking his first step across the Atlantic last week by agreeing to buy Suddenlink cable group for $9.1 billion [CQUELS.UL], Drahi also held early talks with Time Warner Cable and weighed a bid, sources had told Reuters. Charter has offered to buy Time Warner Cable for $56 billion, seeking to combine the No. 3 and No. 2 U.S.

read more

China establishes its largest gold-investment fund ever, reportedly aiming to buy into mining projects in the region and enhance Chinese influence in global gold markets.
read more

Apple Inc. will likely issue the company’s first yen-denominated bonds in June, people familiar with the issuance say, in the latest of several moves to take advantage of rock-bottom interest rates in some non-U.S.

read more

Swiss authorities arrested several top soccer officials and have plans to extradite them to the U.S. on federal corruption charges. The New York Times reports.

Jeremy O’Friel, managing director at Belmont Investments, says private equity provides a more liquid alternative for investors and explains why Chinese stocks are not displaying a “mature behavior.”

U.S.

read more

While the Chinese yuan could be included in the IMF’s Special Drawing Rights basket by end-2015, Beijing still has “a lot more homework to do,” says Frederic Neumann, chief economist, Asia at HSBC.