Exclusive: China watchdog extends pursuit of short sellers to HK, Singapore – sources
HONG KONG/SHANGHAI (Reuters) – China is pressing foreign and Chinese-owned brokerages in Hong Kong and Singapore to hand over stock trading records, sources said, extending its pursuit of “malicious” short sellers of Chinese stocks to overseas jurisdic…
Commodities, China stocks lick wounds after brutal July
LONDON (Reuters) – Commodities and China investors waved a relieved goodbye to July on Friday following a brutal sell-off that has revived fears about the global economy and overshadowed more encouraging news from the U.S. and Europe.
Uber to invest $1 billion in India to expand services
(Reuters) – Uber Technologies Inc [UBER.UL] will invest $1 billion in India in the next nine months, as the online taxi-hailing company looks to expand its services in its biggest market outside the United States.
Pacific trade negotiators chase elusive final deal in tough talks
LAHAINA, Hawaii (Reuters) – Pacific Rim trade ministers neared the final spurt of negotiations on an ambitious free trade pact on Thursday, but differences over farm exports and monopoly periods for next-generation drugs kept them short of an elusive f…
Honda profit up 20 percent as robust U.S. sales, weak yen offset quality costs
TOKYO (Reuters) – Honda Motor Co said on Friday its quarterly net profit jumped 20 percent, beating estimates, as strong sales in the United States and a weak yen helped it absorb the impact of higher quality-related costs.
Fed’s ‘nearly balanced’ language no bar to September rate rise
WASHINGTON (Reuters) – The U.S. Federal Reserve will not need to see balanced risks to the economy to proceed with an interest rate hike in September, according to former Fed officials and a review of central bank statements through recent turns in pol…
China stock regulator probes market impact of automated trading
SHANGHAI (Reuters) – China’s securities regulator on Friday said it is investigating the impact of automated trading on the market, as Beijing intensifies pressure on its financial industry in the wake of a share-price plunge.
Hedge fund Elliott eyes fresh market turbulence
BOSTON/NEW YORK (Reuters) – Paul Singer’s $27 billion hedge fund Elliott Associates is worried about Europe’s prospects and is bracing for fresh market turbulence.
LinkedIn’s revenue beat fails to connect with investors
(Reuters) – LinkedIn Corp , operator of the biggest social networking site for professionals, reported a better-than-expected 33 percent rise in quarterly revenue on Thursday, driven by strong growth in its business serving recruiters.
Checked bag fees are here to stay: United Airlines CEO
NEW YORK (Reuters) – Still hoping for the day airlines let all customers check bags and make reservation changes for free?
