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SYDNEY-US greenback rode smoothly on US President Donald Trump’s impeachment headlines as Australian peer recuperated from sharp fall due to country’s unemployment percentage. The British pound GBP=D3 was pressed by reemerging ...
CITIC sets to become first China firm to lead Asia equity rankings CITIC Securities is poised to become the first Chinese firm to lead annual equity markets (ECM) rankings for Asia-Pacific excluding Japan this year. Goldman Sachs, Morgan ...
The United States and China are keeping close communication on the signing of the phase one trade deal, China’s commerce ministry said. The phase one of the deal will see to decrease the tariffs imposed on Chinese goods and to boost ...
Japan’s exports slips amid declining U.S., China demand Japan’s export shrank for its 12th month as shipments to the United States and China declined, severely impacting the country’s trade-reliant economy and raising the ...
WeWork arranges $1.75 billion credit line with Goldman Sachs The shared workplace company WeWork said on Tuesday that it has arranged a $1.75 billion letter of credit with Goldman Sachs that is in the process of being syndicated and whose ...
Hong Kong’s Cathay Pacific said it would trim capacity next year after posting dismal markers in the second half of the year due to unending mass protests. On Tuesday, Cathay Pacific revealed that its inbound traffic to Hong Kong plummeted ...
BUENOS AIRES-Argentina’s government is set to impose higher taxes on agricultural goods and on abroad-based foreign assets, the economy minister disclosed on Tuesday. The government is set to implement higher export taxes on corn and ...
The EU will have to limit discussions about its future relationship with Britain to avoid heading into another cliff-edge, a senior EU official said. This statement came after Britain affirmed its exit from the European Union before 2020 ends. After ...
Fiat Chrysler and Peugeot owner PSA have agreed on a binding merger in a deal worth $50 billion to pave the way for the world’s fourth largest car maker. The two companies announced the merger that will reshape the global industry six ...
Lower demand and extended output decline dragged Japan’s factory activity shrink to eight consecutive months in December. Fourth-quarter economic contraction looms around Japan’s economic zone. From a 48.9 marker in November, the ...
Argentina hikes export taxes in attempts to finance new government’s spending Argentina raised export taxes over processed soybean meal and oil on Saturday as its government attempted to fund spending under new President Alberto Fernandez. After ...
UK’s The Hut Group acquires €1 billion to fund expansion British online retailer, The Hut Group (THG) said it had raised €1 billion ($1.10 billion) to help fund expansion amid macro-economic and political changes from Brexit ...
SHANGHAI-Asian shares recorded a well-ended performance on Monday over fresh news on Sino-U.S. trade agreement. However, investors remain cautious on lurking skepticism about the deal and diplomatic relations of China and the United States. ...
International Flavors & Fragrances Inc plans to merge with Dupont Inc’s nutrition and biosciences unit worth $26.2 billion in a merger deal. This measure was done to create a new consumer giant worth at least $45 billion. Under the ...
BEIJING- China’s industrial output and retail sales growth for November recorded a far better results than what was initially forecasted, indicating that the economy is stronger as Beijing seeks to support domestic demand despite the ...
Swedish appliance maker Electrolux stated that its North American business will obtain $70 million in Q4 as part of moving into a new facility in South Carolina. The new facility in Anderson, South Carolina is set to replace manufacturing ...
Amazon.com Inc (AMZN.O) blocked sellers from using FedEx Corp in handling Prime shipments as the company prioritized rapid delivery deadlines this holiday season. FedEx representative stated that the scheme will only impact minimum number ...
The Sacklers transfer Purdue Pharma’s $10 billion to its other companies The owners of Purdue Pharma, the Sackler family, transferred more than $10 billion in a decade from the OxyContin maker to its trust and holding companies, according ...
Portugal unveils draft budget projecting its first surplus in decades Portugal's government unveiled its draft 2020 budget on Tuesday, projecting the country's first fiscal surplus in 45 years of democracy as solid growth and a promising gentle ...
After winning a majority vote in the election on Thursday, Britain’s Prime Minister Boris Johnson will use his control of parliament to overpower extension schemes of the Brexit transition period beyond 2020. “Our manifesto made ...
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