CORRECTED-From street stalls to bourses, SE Asia’s traditional medicine makers promise panacea
JAKARTA/SINGAPORE (Reuters) – On rainy days in Jakarta, a canny street merchant like Emi can sell two dozen sachets of herbal cold cure Tolak Angin to office workers and labourers sniffling by her roadside stall.
European stocks inch up, euro dips on S&P downgrade
LONDON (Reuters) – European shares inched up on Friday with riskier assets still in demand following a broadly neutral shift in U.S. monetary policy, and the euro dipped after a credit agency cut its rating on the European Union.
Insight: The Great British tax giveaway
LONDON (Reuters) – When Neil Withington, the legal director of British American Tobacco (BAT) and the firm’s largest British shareholder, files his next tax return, he will receive a little help from the state. Like every other UK taxpayer, he will be …
Buoyant stockmarkets lift year’s share offerings by 24 percent to $774 billion
LONDON/NEW YORK/HONG KONG (Reuters) – This year has been the biggest for equity fundraising globally since 2010, thanks to improving confidence among companies on the back of the strong investor demand for stocks, according to Thomson Reuters data publ…
Analysis: Activists push for voting secrecy to rein in U.S. executive power
BOSTON (Reuters) – Top executives and directors at some major U.S. companies may have less sway over votes on chief executive officer compensation and other shareholder matters if a campaign by a number of investor activists succeeds.
Analysis: Europe’s half-hearted bid to protect its banks
BRUSSELS (Reuters) – Europe’s efforts to form a united front behind euro zone banks are reaching a climax, but many fear they will fail to restore confidence and prove flimsy should another crisis strike.
Target cyber breach hits 40 million payment cards at holiday peak
BOSTON (Reuters) – Target Corp said hackers have stolen data from up to 40 million credit and debit cards of shoppers who visited its stores during the first three weeks of the holiday season in the second-largest such breach reported by a U.S. retaile…
Citi to move NYC headquarters to lower Manhattan: report
(Reuters) – Citigroup Inc will relocate its global headquarters to lower Manhattan as part of a $1 billion lease and renovation deal, Crain’s New York Business reported on Thursday.
Analysis: China nears moment of truth on IPO reform: crash or recovery?
SHANGHAI (Reuters) – China’s plan to build confidence in domestic stock markets, and turn around their reputation as financial casinos, will depend on a regulatory gamble paying off next year.
EU banks watchdog says lenders ahead of liquidity rule
LONDON (Reuters) – The European Union’s top banks hold on average bigger cash-like buffers than required though some specialized lenders should get some leeway, the bloc’s banking watchdog said on Friday.
