Asia’s central banks have almost no reasons to hike rates in 2019
Weaker economic growth and tepid price pressures in Asia will leave central banks in the region with few reasons to tighten policy next year — especially as U.S. rate hikes slow — unless a new bout of currency weakness forces them to do so.
Noble Group completes $3.5 billion restructuring to emerge as smaller, unlisted firm
Noble Group , the once mighty commodity trader, on Thursday completed its drawn out $3.5 billion debt restructuring to emerge as a smaller, unlisted Asia-focused coal-trading business.
Nissan, Renault bosses met one-on-one in Amsterdam, Nissan says
Nissan Motor Co CEO Hiroto Saikawa held a one-on-one meeting with the acting boss of automaker partner Renault in Amsterdam this week that led to “positive” and “productive” talks, the Japanese automaker said on Thursday.
Stocks slide as Fed’s 2019 rates guidance disappoints
Asian shares retreated on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes next year, dashing investor hopes for a more dovish policy outlook.
Noble Group completes debt restructuring to emerge as smaller, unlisted firm
Noble Group , the once mighty commodity trader, on Thursday completed its drawn out $3.5 billion debt restructuring to emerge as a smaller and unlisted Asia-focused coal-trading business.
U.S. to lift sanctions from aluminum giant Rusal
The U.S. Treasury will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminum giant Rusal and its parent En+, watering down the toughest penalties imposed since Moscow’s 2014 annexation of Crimea.
SoftBank Corp shares recover from early fall, after record IPO
SoftBank Corp shares fell as much as 8 percent early on Thursday before erasing the losses in volatile trading, following the telco’s 15 percent tumble on debut the previous day.
Oil prices resume fall, shed most of their gains from last session
Oil prices fell on Thursday to erase most of their gains from the day before, resuming declines seen earlier in the week amid worries about oversupply and the outlook for the global economy.
SoftBank Corp shares fall sharply again, recover, after record IPO
SoftBank Corp shares fell as much as 8 percent early on Thursday but recovered almost all of its losses, following the telco’s 15 percent tumble on debut the previous day.
Nissan says CEO had one-on-one meeting with Renault’s acting boss
Nissan Motor Co on Thursday said CEO Hiroto Saikawa had held a one-on-one meeting with the acting boss of its automaking partner Renault SA during talks between the alliance in Amsterdam this week.
