November 12, 2018

SoftBank seeks hard cash in Japan telco IPO

SoftBank Group Corp has won approval to conduct a 2.4 trillion yen ($21.04 billion) initial public offering (IPO) of its Japanese telecoms business, in a deal […]
November 12, 2018

‘King dollar’ benefits from European risks, growth fears

The dollar surged to nearly 17-month highs on Monday against a basket of major currencies as investors sought out the liquid and high-yielding currency against a […]
November 12, 2018

SAP snatches sentiment tracker Qualtrics from verge of IPO for $8 billion

German business software company SAP has agreed to buy Qualtrics International for $8 billion in cash, pre-empting a planned stock market listing by the U.S.-based company […]
November 12, 2018

Sterling tumbles on Brexit turmoil; dollar, oil jump

Sterling fell on Monday, helping to boost the dollar to a 16-month high, amid mounting doubts over whether Prime Minister Theresa May can come up with […]
November 12, 2018

SAP to buy customer sentiment tracker Qualtrics for $8 billion

Germany’s SAP said on Sunday it was buying Qualtrics International Inc for $8 billion in cash, pre-empting a planned stock market listing by the U.S.-based company […]
November 12, 2018

Asia stocks lower amid growth worries; oil rebounds

Asian shares drifted lower on Monday as signs of softening demand in China rekindled anxiety about the outlook for world growth, but Saudi Arabia’s plans to […]
November 12, 2018

Democrats to probe Trump actions on AT&T, Amazon: aide

When Democrats take control of the U.S. House they plan to investigate the Trump administration’s attempt to block AT&T Inc from acquiring Time Warner, and whether […]
November 12, 2018

Alibaba nets record $30 billion in Singles’ Day haul, but growth rate plunges

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour online retail frenzy Singles’ […]
November 12, 2018

Asia stocks pressured on global growth worries, oil woes

Asian shares fell on Monday, extending weakness in global equity markets at the end of last week as soft Chinese economic data and falling oil prices […]
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