HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi is planning to raise up to $6.1 billion from a Hong Kong initial public offering, sources with knowledge of the matter said.
TOKYO (Reuters) – SoftBank Group Corp’s CEO Masayoshi Son said on Wednesday he plans to devote the bulk of his time to hunt for technology investments around the world, as part of a major shift in focus underway at the Japanese telecoms and tech group.
SHANGHAI (Reuters) – Asian stock markets picked up steam in afternoon trade on Wednesday after a wobbly morning session, highlighting the lingering anxiety and uncertainty surrounding a heated trade dispute between China and the United States.
PARIS (Reuters) – Sanofi missed the boat on immune system-boosting cancer drugs. Now it’s trying to catch up.
HONG KONG (Reuters) – Shares of China’s ZTE Corp rose as much as 18 percent in Hong Kong on Wednesday as the impact of a U.S. Senate bill that threatens to restore penalties on the company became clearer.
(Reuters) – Twenty-First Century Fox Inc’s board is set to decide on Wednesday whether to entertain Comcast Corp’s $65 billion cash bid for the New York-based media company or stick with its roughly $52 billion all-stock offer from Walt Disney Co , people familiar with the matter said.
HONG KONG (Reuters) – Shares of China’s ZTE Corp rose as much as 18 percent in Hong Kong on Wednesday as the impact of a U.S. Senate bill that threatens to restore penalties on the company became clearer.
HOUSTON (Reuters) – China’s proposed tariffs on U.S. petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry’s largest customer, adding new pressure on U.S. crude prices, energy executives and analysts said in interviews this week.
(Reuters) – General Electric Co’s expulsion from the elite Dow Jones Industrial Average may be a bitter pill to swallow for shareholders, but it could be little more than a publicity blow for investors in the 126-year-old struggling U.S. conglomerate.
SHANGHAI (Reuters) – China’s stock markets slumped on Wednesday, extending a rout from the previous day as the prospect of a full-blown Sino-U.S. trade war put a dampener on the rest of Asian equities, even as they managed a modest bounce.
KUALA LUMPUR (Reuters) – Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that U.S. President Donald Trump’s protectionist policies would trigger tit-for-tat reprisals and undermine the global trading system.
Jun.19 — China doesn’t import enough from the U.S. to match Donald Trump’s tariffs dollar for dollar, but President Xi Jinping can still squeeze American companies in other ways in retaliation. Bloomberg’s Enda Curran reports on “Bloomberg Daybreak: Asia.” …read more […]
(Reuters) – Goldman Sachs Group Inc will pump $500 million into companies led, founded or owned by women, as it steps up efforts to close the gender investing gap, the Wall Street bank said on Tuesday.
BEIJING (Reuters) – The Trump administration has “blood lust” when it comes to pushing its trade agenda against China and wants to “suck the lifeblood” from the Chinese economy, an official state-run newspaper said on Wednesday, stepping up the rhetoric.
SHANGHAI (Reuters) – Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the specter of a U.S.-China trade war rattled global markets, but significant uncertainty around the trade outlook is capping gains.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
