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Company news

25.11.2019 13:01:38

China, HK stocks rally on trade optimism

SHANGHAI- Hong Kong stocks recovered from weeks of underperformance following elections. Rekindled hopes over the possibility of US and China signing the deal soon heavily contributed to the said hike.   The Hang Seng index acquired ...

25.11.2019 13:01:38

France's 5G spectrum set to be sold at minimum price of 2.17 billion euros

France’s 5G spectrum is set to be sold at a floor price of 2.17 billion euros ($2.4 billion), which is significantly bigger than the amount formerly suggested by Arcep, France’s telecoms regulator. Arcep’s president Sébastien ...

25.11.2019 11:02:40

Apple ampliará operaciones en India

El ministro de tecnología de la información de la India, Ravi Shankar Prasad, dijo el lunes que Apple Inc expandirá sus operaciones en el país y que el proveedor del fabricante de iPhone Salcomp fabricará ...

22.11.2019 13:05:30

Japan Factory Output hits seventh-month downturn, hurts economy

The factory production of Japan in November remained below the 50.0 level and marked its 7th consecutive decline on a monthly basis. Policymakers are now faced with a challenge to stir economic activity which continues to be at a slow pace ...

22.11.2019 13:05:30

Lack of Sino-U.S. trade progress dampens Asian markets

Lack of Sino-U.S. trade progress dampens Asian markets Chinese stocks underperformed leaving Asian markets mixed on Friday as a lack of concrete signs of progress on U.S.-China trade relations continued. China’s Shanghai Composite and ...

22.11.2019 13:05:29

Cannabis stocks soar as U.S. House committee clears bill on federal weed legalization

Cannabis stocks soar as U.S. House committee clears bill on federal weed legalization Marijuana company shares soared on Thursday after a U.S. congressional committee cleared a legislation to decriminalize cannabis. This moves the bill a step ...

22.11.2019 13:05:29

Japanese stocks soar amid wary optimism on trade talks

TOKYO, Nov 22- Japanese shares inched higher on Friday as the possibility of United States and China sealing a trade deal reduced risk appetite. Nikkei index gained 0.61% to 23, 178.77 at exactly 0150 GMT. The rise was heavily brought by ...

22.11.2019 13:05:29

KKR raises first $1.5 billion for Asia infrastructure fund

Global private equity group KKR & Co has raised almost $1.5 billion, 50% of its $3 billion target on its first Asia-focused infrastructure fund, according to a source knowledgeable with the matter. KKR launched its fundraising this year ...

22.11.2019 12:05:36

Oil prices drop from two-month high as US-China trade deal remains uncertain

Oil prices dropped from a two-month high on Friday due to uncertainty on the demands of oil futures. The market remains anxious of the prospect of a US-China trade deal and of the global economy. These uncertainties are enough for major producers ...

22.11.2019 12:05:36

Energy, mining sectors boost Australian shares up; NZ plunges

Nov. 22 Australian shares recorded a well-ended session on Friday enforced by gains in energy and mining stocks. However, worries dragged financial sector down following Goldman Sachs’ decision of cutting its target price on Westpac. ...

21.11.2019 14:05:18

NIKKEI HITS 3-WEEK LOW DUE TO US-CHINA TRADE TRUCE; TECH STOCKS INCH DOWN

TOKYO, Nov 21 - Japanese stocks suffered in three consecutive weeks as reemerging concerns about Sino-US trade pact signing and recently passed US legislation on Hong Kong directly impacted market condition. Nikkei shares shed 1.2% to 22,872.03, ...

21.11.2019 14:05:18

Sino-Trade anxiety presses European shares down

Nov. 20- European shares hit low point on Wednesday as trade-sensitive sectors suffered from US President Donald Trump’s latest statement of imposing higher tariffs on Chinese good if trade pact signing ambiguity continued. Trade-dependent ...

21.11.2019 14:05:18

Former JPMorgan trader found guilty of rigging currency trades

A former forex (foreign exchange) trader of JPMorgan Chase & Co was found guilty of conspiracy and rigging trades for personal benefit. Court records showed that ex-trader Akshay Aiyer was convicted of one count of conspiracy and is scheduled ...

21.11.2019 13:06:33

SoftBank checks with Japan's top lenders for $2.8 billion loan

Softbank Group Corp is checking with Japan’s top three banks to loan 300 billion yen ($2.8 billion) to be used as fund for support of US startup WeWork, according to three sources who refused to give identity. Although no official talks ...

19.11.2019 13:07:25

Oil prices drop, market anxious about slow progress in U.S.-China trade talks

U.S. oil prices dropped for two days in a row while the market is anxious on the doubted prospects of a trade deal between the U.S. and China. Trade talks between the two countries have resulted to limited progress as U.S. inventories continually ...

19.11.2019 13:07:25

Tata Steel to cut 3,000 jobs across Europe as crisis bites

Tata Steel to cut 3,000 jobs across Europe as crisis bites Tata Steel Ltd. had revealed plans to cut about 3,000 jobs across its European facilities to cut costs following the latest blow to the regions industry. According to the company’s ...

19.11.2019 13:07:25

New Zealand broadens powers to block foreign investment on security grounds

New Zealand broadens powers to block foreign investment on security grounds New Zealand said on Tuesday that it would widen government powers to block foreign investment on national security grounds and ramp up oversight of strategically important ...

19.11.2019 13:07:25

Boris Johnson puts corporate tax cut on hold, primes health advocacy to woo voters

Prime Minister of Britain Boris Johnson bared on Monday he was putting on hold corporate tax cuts and told voters he would spend for health plans. This move is in light of the Dec. 12 election to woo voters by saying that he would reverse ...

19.11.2019 13:07:25

TOKYO SHARES INCH LOWER FROM EXPORTERS’ PRESSURE OVER FIRMER YEN

TOKYO-Japanese stock benchmark Nikkei underperformed on Tuesday brought heavily by ambiguity in US-China trade negotiations and exporters’ anxiety from yen’s performance against dollar.   The Nikkei share plunged down with ...

19.11.2019 13:07:25

Indian shares soar; bank, telecom stocks earn

NOV 19- Indian shares soared on Tuesday boosted by banking and telecom stocks. This followed after two major mobile network service providers disclosed their scheme of increasing tariffs this coming December. The NSE Nifty 50 index inched ...

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