ASIA CREDIT CLOSE: Asia credits firm; Baidu bonds shine
HONG KONG, June 29 (IFR) - Asian credits were firm on Thursday, tracking stronger regional equities after a substantial overnight rebound on Wall Street.
MILAN Feb 24 Italian biggest retail bank Intesa Sanpaolo said on Friday it dropped a potential tie-up plan with Assicurazioni Generali as it did not see it as a way to create value for its shareholders.
The bank pledged to continue to generate and distribute value for its investors "organically", following its 2014-2017 business plan.
(Reporting by Francesca Landini, editing by Steve Scherer)
PRAGUE, June 29 The leading Czech political party going into an October parliamentary elections wants to keep the tax environment stable and not raise tax rates, its leader, the billionaire former finance minister Andrej Babis, said on Thursday.