Stocks buoyed by stimulus hopes but still head for third losing week
World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intensified this week as the U.S. yield curve inverted for the first time since 2007.
STAR Market tech board offers hope to Chinese venture capitalists
When Chinese venture capital firm New Vision Capital invested in two startups focusing on cloud computing and micro-optics, the plan was to eventually take them public on the Nasdaq exchange.
Irish regulator nears end of first privacy probe, ruling to take months
Ireland’s data privacy regulator is close to concluding its first probe into a multinational company under the EU’s new privacy laws, likely to involve Facebook’s WhatsApp subsidiary, although a formal decision could take months.
Asia shares take heart in stimulus speculation
Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus from all the major central banks.
Exclusive: Buyout firms KKR, Blackstone among bidders for Philippine hospitals group – sources
Buyout firms KKR , Blackstone and CVC are among bidders competing for a stake in the hospital unit of Philippines’ Metro Pacific Investments Corp , people with knowledge of the matter told Reuters.
Weight of history: Chongqing Steel and China’s state sector dilemma
A year and a half ago, Chongqing Iron and Steel Corp (CISC) , China’s oldest steelmaker, was rescued from the brink of bankruptcy in a deal hailed as a shining example of how struggling state companies can be revamped.
Invesco thrives in China as former executive Ross leads Trump’s trade war
The former investment company of U.S. Commerce Secretary Wilbur Ross has been flourishing in China, even as he marshals billions of dollars’ worth of punishing tariffs in America’s deepening trade war.
Exclusive: Private-equity funds bid for Philippine hospitals group – sources
Buyout firms such as KKR , Blackstone and CVC are competing to buy a stake in the hospital unit of Philippines’ Metro Pacific Investments Corp , people with knowledge of the matter said.
Asia stocks take heart in stimulus speculation
Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus from all the major central banks.
Asia stocks nurse losses, bonds hold huge gains
Asian shares were heading for weekly losses on Friday as conflicting messages on the Sino-U.S. trade war only added to worries for the global economy, while talk of aggressive central bank stimulus drove bond yields to fresh lows.
