Chinese investors want relaxed rules for tech IPOs: exchange
SHANGHAI (Reuters) – Most Chinese investors expect regulators to relax rules on initial public offerings (IPOs) by technology companies, and would like to invest in such domestic listings, the Shenzhen Stock Exchange said on Wednesday, citing a recent …
Renewed trade war fears pummel world shares, dollar
LONDON (Reuters) – World shares slipped for the second straight day and the dollar held near one-week lows after U.S. President Donald Trump’s threats to slap $60 billion in tariffs on Chinese imports reminded investors of the threat to world economic …
Britain’s Prudential to split in new world order for insurers
LONDON (Reuters) – Prudential is to spin its British and European business off from its international operations, breaking up the 170-year-old insurer in the latest shake-up in a fast-changing industry.
Prudential to spin off UK and European business in radical break-up
LONDON (Reuters) – Britain’s Prudential is to spin-off its UK and European division from its international businesses as part of a radical break-up of the 170-year-old company.
Noble Group clinches key restructuring deal with group of creditors
SINGAPORE (Reuters) – Commodities merchant Noble Group has finalised a restructuring agreement with a group of senior creditors holding 46 percent of its debt, and is in talks with others, as it races to launch a deal crucial to its survival.
Even backers of Trump’s economic policies pan tariffs
SAN FRANCISCO (Reuters) – As U.S. President Donald Trump forges ahead with his controversial trade policies, even financial experts who enthusiastically applaud many of Trump’s other policies are worried that the protectionist measures could hurt U.S. …
Exclusive: China’s regulators compete to look tough as political pressure mounts
BEIJING (Reuters) – China’s financial watchdogs are pushing for harsher rules and stepping up action against miscreants, spurred on by official pressure on them to curb risk in the financial system, according to multiple sources with direct knowledge o…
South Korea willing to offer short-term loans to GM Korea
SEOUL (Reuters) – South Korea’s state-run Korea Development Bank said on Wednesday it would provide short-term loans to General Motors’ South Korean unit after April, should the company cooperate with due diligence.
New Trump tariff threat overshadows strong China factory, investment data
BEIJING (Reuters) – China’s industrial output grew much faster than expected at the start of the year, suggesting the economy may be picking up momentum even as U.S. President Donald Trump readies hefty tariffs against one its most strategic growth dri…
Asian shares, dollar fall as U.S. trade fears eclipse strong China data
SYDNEY (Reuters) – Shares faltered and the dollar skidded on Wednesday as investors fretted over the threat of new U.S. tariffs on Chinese imports, brushing aside data that showed the Asian economy got off to a solid start in 2018.
