Explainer: What delisting Chinese firms from U.S. stock markets could mean
U.S. President Donald Trump’s administration is considering forcing Chinese firms to delist from U.S. stock exchanges, according to sources, a move that would escalate U.S.-China tensions and could throw some of China’s biggest companies into chaos.
Sempra Energy to sell stake in Peruvian businesses for $3.59 billion
U.S.-based Sempra Energy said on Monday it would sell stakes in its Peruvian operations to a unit of China Yangtze Power Co for $3.59 billion in cash, to focus on its core businesses in North America.
UK Markets watchdog fines Prudential 24 million pounds over annuity sales
Britain’s markets watchdog has fined the country’s largest insurer Prudential 24 million pounds ($29.39 million) for failures related to non-advised sales of annuities, it said on Monday.
Exclusive: Mexico’s Pemex seeks control of U.S. oil firm’s billion-barrel find
When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern Gulf coast two years ago, it marked the first discovery by a foreign firm since the oil industry was nationalized eight decades earlier.
Markets watchdog fines Prudential 24 million pounds over annuity sales
Britain’s markets watchdog has fined insurer Prudential 24 million pounds ($29.39 million) for failures related to non-advised sales of annuities, it said on Monday.
World shares steady as investors shrug off U.S. delisting threat
World shares on Monday largely shrugged off reports that Washington is considering delisting Chinese companies from U.S. stock exchanges, with market players downplaying the likelihood of such radical escalation of the U.S.-China trade war.
Oil falls as China’s economic outlook remains weak
Oil slipped on Monday as China’s economic outlook remained weak even as manufacturing data improved, with an ongoing trade war with the United States weighing on demand growth for the world’s largest crude importer.
On U.S. delisting threat, China says ‘decoupling’ would harm both sides
China warned on Monday of instability in international markets from any “decoupling” of China and the United States, after sources said the Trump administration was considering delisting Chinese companies from U.S. stock exchanges.
Exclusive: Dubai Aerospace drops plans for big aircraft order, targets M&A deal
Dubai Aerospace Enterprise favors expanding its fleet via a takeover of a rival after the group was unable to agree on a major order from Airbus and Boeing , its chief executive said.
AB InBev Asia unit’s strong Hong Kong debut to boost IPO outlook amid political unrest
AB InBev’s Asia-Pacific unit , which raised about $5 billion after relaunching its IPO this month, rose more than 6% on its market debut in Hong Kong, easing concerns of the impact of ongoing anti-government protests on new share offerings.
