Asia shares, US stock futures hit as China’s export slump jolts investors
Asian shares and U.S. stock futures skidded on Monday after a shock contraction in Chinese exports pointed to deepening cracks in the world’s second-biggest economy and raised fears of a sharper slowdown in global growth and corporate profits.
Automakers in China brace for another bumpy ride after tough 2018
Car makers in China are bracing for zero to tepid growth in sales this year, after a tough 2018 when the world’s top auto market probably contracted for the first time in about two decades, as slowing economic growth drags on demand.
Asia shares, U.S. stock futures slide as China’s exports slump jolts investors
Asian shares and U.S. stock futures skidded on Monday after a shock contraction in Chinese exports pointed to deepening cracks in the world’s second-biggest economy and raised fears of a sharper slowdown in global growth and corporate profits.
CEO exits as PG&E faces fire liabilities, bankruptcy preparations
PG&E Corp Chief Executive Geisha Williams has stepped down, the company said on Sunday, as pressure from potentially crushing liabilities linked to catastrophic wildfires have pushed the California utility owner to the financial brink and prompted it to make bankruptcy preparations.
Bumpy ride ahead for automakers in China after tough 2018, stimulus eyed
Car makers in China are bracing for zero to tepid growth in sales this year, after a tough 2018 when the world’s top auto market probably contracted for the first time in two decades, as slowing economic growth drags on demand.
Asian shares falter from 1-1/2-month highs, markets wary about China data
Asian shares turned down on Monday as China trade data started trickling in and as investors looked to key corporate earnings later in the week to take the pulse of a cooling global economy.
CapitaLand leads Singapore REIT consolidation with $4.4 billion purchase from Temasek
Singapore’s CapitaLand is buying the owner of a clutch of real estate investment trusts from state investor Temasek [TEM.UL] for about $4.4 billion, a deal the developer said would create the largest diversified property group in Asia.
CapitaLand leads Singapore REIT consolidation with $4.4 billion purchase from Temasek
Singapore’s CapitaLand is buying the owner of a clutch of real estate investment trusts from state investor Temasek [TEM.UL] for about $4.4 billion, a deal the developer said would create the largest diversified property group in Asia.
CapitaLand to buy real estate units from Temasek for $4.4 billion
CapitaLand Ltd said it entered into a deal with Singapore state investor Temasek [TEM.UL] to buy two wholly owned units from a subsidiary for a consideration of about S$6 billion ($4.4 billion) in a cash and stock deal.
Chinese FDI into North America, Europe falls 73 percent in 2018: report
Chinese foreign direct investment into North America and Europe fell by 73 percent to a six-year low last year as the United States tightened scrutiny of deals and Chinese restrictions on outbound investment bit, law firm Baker & McKenzie said.
