China concerns hit stocks, gold rebound continues
LONDON (Reuters) – Concerns over a slowdown in China’s economy triggered a third day of falls for world shares on Monday and extended a spritely rebound in gold to leave it at a near three-week high.
Insight: Guggenheim Partners wins bond investors, looks to Europe next
NEW YORK (Reuters) – Financial services firm Guggenheim Partners has attracted attention recently for its involvement in high profile deals: it led a group of investors in buying the Los Angeles Dodgers baseball team and helped engineer Verizon’s $130 …
Deutsche Bank hires Goldman Sachs’s Malaysia head: sources
SINGAPORE/KUALA LUMPUR (Reuters) – Deutsche Bank AG has hired Goldman Sachs’s Malaysia head of corporate finance in a push to secure more business in one of the region’s more vibrant IPO markets, sources with knowledge of the matter told Reuters.
China makes fresh bid to curb shadow banking, contain debt risk
BEIJING/SHANGHAI (Reuters) – China’s cabinet has published guidelines strengthening regulation of risky off-balance-sheet lending in a new effort to address growing financial risks from an explosion in debt.
China urges Chrysler to address Jeep Wrangler fire risk
SHANGHAI (Reuters) – China has urged carmaker Chrysler Group LLC, majority-owned by Italy’s Fiat SpA , to correct possible defects in its Jeep Wrangler, after vehicles imported into the country were found to have an elevated fire risk, China’s quality …
Ford revs up in China, roars past Toyota and Honda
BEIJING (Reuters) – Ford Motor Co. and its local partners boosted sales in China by nearly 50 percent last year, nudging past Japanese giants Toyota Motor Corp. and Honda Motor Co. to make big inroads into the world’s largest auto market.
China services industry growth slows, confirms year-end cooldown
BEIJING (Reuters) – Growth in China’s services industries slowed in December, a pair of surveys showed, mirroring a slowdown in manufacturing and confirming views that the world’s second-largest economy lost steam at the end of last year.
Ford says December China auto sales up 35 percent on year
SHANGHAI (Reuters) – Ford Motor Co and its local partners in China sold a total of 94,838 vehicles on a wholesale basis in December, an increase of 35 percent from a year earlier, the company said on Monday.
Analysis: Apps for mobile viewing challenge cable operators, TV networks
(Reuters) – U.S. cable and satellite television operators, already locking horns with programmers over subscriber fees, are now squaring off over the mobile apps that viewers are increasingly using to watch TV.
Analysis: Euro zone – reasons to be wary in 2014
LONDON (Reuters) – Last year was the least tumultuous for the euro zone since Greece revealed a vast hole in its books back in 2009.