China's Fosun builds stake in Portugal's biggest bank

BCP said Fosun paid 175 million euros ($190 million) for 16.7 percent of the bank's capital. Fosun is considering extending its stake to around 30 percent. The Shanghai-based conglomerate owns Club Med and other businesses in Europe, including Portugal's ... ( read original story ...)

Shanghai stocks seen erasing loss after bull market entry

Investors follow financial information at a securities brokerage in Shanghai. Chinese stocks will extend gains beyond a recent bull rally, supported by a strengthening economy and improving corporate earnings, according to equity strategists and analysts ... ( read original story ...)