Market news: Asia media round-up
Sumitomo Mitsui Financial Group sets out to raise up to US$9.5 billion by issuing new shares, while Swiss cement-maker Holcim agrees to buy the Australian operations of Mexico’s Cemex. Separately, Air India defers US$70 million in salary payments, and China sees foreign direct investment fall almost 18% year-on-year in May, although the pace of decline slowed from April.
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