August 16, 2019

Weight of history: Chongqing Steel and China’s state sector dilemma

A year and a half ago, Chongqing Iron and Steel Corp (CISC) , China’s oldest steelmaker, was rescued from the brink of bankruptcy in a deal […]
August 16, 2019

Invesco thrives in China as former executive Ross leads Trump’s trade war

The former investment company of U.S. Commerce Secretary Wilbur Ross has been flourishing in China, even as he marshals billions of dollars’ worth of punishing tariffs […]
August 16, 2019

Exclusive: Private-equity funds bid for Philippine hospitals group – sources

Buyout firms such as KKR , Blackstone and CVC are competing to buy a stake in the hospital unit of Philippines’ Metro Pacific Investments Corp , […]
August 16, 2019

Asia stocks take heart in stimulus speculation

Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus […]
August 15, 2019

Trump says China talks ‘productive’; Beijing vows tariff retaliation

U.S. President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite U.S. […]
August 15, 2019

‘Crazy inverted yield curve’ vexes Fed, with no clear resolution

Amid the recent financial market volatility, the interest rates on some long-dated government bonds have fallen below the level for short-term debt. Powered by WPeMatico
August 15, 2019

Apple says it supports 2.4 million U.S. jobs

Apple Inc said on Wednesday it was either directly or indirectly responsible for 2.4 million U.S. jobs, up 20% from the 2 million the technology company […]
August 15, 2019

SoftBank convertible note helped cut WeWork losses

Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 […]
August 15, 2019

Ackman confident portfolio can keep delivering strong returns: letter

Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering “high, long-term” returns and that he expects Berkshire […]
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