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Swiss drugmaker Roche has been approved by US antitrust to buy gene therapy specialist Spark Therapeutics in a $4.3 billion deal. This move allows Roche to advance its push in treating rare diseases like Hemophilia A. The Federal Trade Commission ...
SYDNEY-Asian shares clocked in gains reaching its peak in eight months on Tuesday brought by trade deal enthusiasm and Wall Street’s consecutive well-ended performance. In line, Brexit anxiety dragged the pound. Upbeat signals launched ...
After its December meeting on Wednesday, the Federal Reserve said it would keep interest rates at the current level, marking an end to the series of rate cuts that aided economy and markets amid recession fears brought by trade disputes along ...
Australia’s Central Bank sees China slowing down to 3% by 2030 The Reserve Bank of Australia (RBA) reasoned how China’s economic growth could slow down to around 3% by 2030 as a result of low birth rates, corporate debt, and low ...
Ping An Insurance’s OneConnect downsizes planned IPO by 28% OneConnect Financial Technology, a unit of China’s biggest insurer Ping An Insurance, downsized its upcoming IPO in the U.S. by 28%. The firm set a price range of $9 to ...
TOKYO-Oil clocked in gains on Thursday with market sentiment relieving from anxiety as OPEC changes its 2020 forecast mainly from records disclosing increase in US crude inventories. ...
Australian shares heavily suffered on Thursday as one of the country’s top lender Westpac Banking Crop shed 1% loss sparking investors rage over money laundering anomalies. The S&P/ASX 200 index ended its session with 0.7% setback, ...
Japan Display Inc is in negotiations with Ichigo Asset Management to receive 90 billion yen ($830 million) in financial support, according to a source. The company released a statement wherein it disclosed that it was in talks with Ichigo ...
Singapore’s unemployment rate in Q3 of 2019 hiked to its highest in 10 years amid economic uncertainty caused by an election to be held in the coming months, official data showed. Overall unemployment rate climbed to 2.3% from the previous ...
Japan is set to cut its tax revenue forecast on the current fiscal year for over 2 trillion yen ($18.41 billion) due to a decline in exports caused by the US-China trade war, a government source said. To compensate the deficit, the Japanese ...
HSBC Swiss unit to pay $192 million to resolve latest U.S. tax evasion deal The Swiss private banking unit of HSBC Holdings Plc will pay $192.4 million to resolve a U.S. probe of its role in helping wealthy Americans evade taxes through undeclared ...
Amid the ongoing trade deal between China and the U.S., Chinese trade officials expect the U.S. to defer tariff hike slated on Dec. 15. According to sources privy to the on-going talks, the two sides are getting closer to secure an agreement ...
U.S. reportedly planning to delay China tariffs The Wall Street Journal reported on Tuesday that the U.S. was planning to delay its imposing of 15% tariffs (about $160 billion) in Chinese goods that would take effect on December 15. However, ...
Oil prices dropped due to an unforeseen build in crude inventory in the United States and a slow progress in the US-China trade deals made investors wait on whether new tariffs on Chinese goods will be placed. Brent futures LCOcl slid 0.7%, ...
At present, the GBP/USD is trading below 1.3150. It has consolidated its losses after British polls revealed that the Conservative are in the lead for UK elections. Here are the important figures: POUND RATES GBP/USD 1.31 50 1/ 51 1 -0.00384 ...
The currency pair, EUR/USD is trading beneath 1.11; it is consolidating its gains. Such has happened as there is tension borne out of the uncertainty regarding the U.S. tariffs being planned to be placed on China. Pressure is also being felt ...
SINGAPORE-Oil prices underperformed on Tuesday for two consecutive sessions as global demand outlook pressed against OPEC’s arrangement with producers aimed at increasing crude output cuts in 2020. At 0204 GMT, brent futures dropped ...
Asian shares dip as investors anticipate tariff deadline Asian equity markets dipped lowed on Tuesday as investors kept from making major decisions before December 15, when the next round of U.S. tariffs on Chinese imports was due to take ...
Indonesia’s October retail sales accelerates at fastest pace in five months Growth in Indonesia’s retail sales accelerated to 3.6% in October from a year earlier, the fastest pace in five months which picked up strength from its ...
TOKYO-Japanese shares inched down on Tuesday brought by threats of US tariffs on Chinese imports despite developments and positive commentary from Washington and Beijing’s trade talks. The Nikkei index plummeted down 0.18% to 23,388.92 ...
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