November 13, 2019

Trump says he will make a decision on auto tariffs soon

U.S. President Donald Trump on Wednesday said he had been briefed by his administration on the issue of whether to impose tariffs on car and auto […]
November 13, 2019

Wall Street opens lower on trade worries, Hong Kong unrest

U.S. stocks slipped at open on Wednesday after President Donald Trump threatened to “substantially” raise tariffs if China did not strike a trade deal with the […]
November 13, 2019

Rising healthcare costs power U.S. consumer inflation

U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve’s signal for […]
November 13, 2019

Alibaba’s Jack Ma says Singles’ Day shopping results miss expectations

Alibaba Group Holding Inc co-founder Jack Ma said on Wednesday results from the Singles’ Day annual online shopping festival had missed the Chinese e-commerce giant’s expectations. […]
November 13, 2019

Alibaba launches $13.4 billion Hong Kong listing to fund expansion

Chinese e-commerce giant Alibaba Group launched the share sale for its Hong Kong listing on Wednesday, braving unrest in the global financial hub to try to […]
November 13, 2019

Biotech-for-hire PeptiDream charts new path and becomes short target

The promise of PeptiDream Inc’s drug-discovery technology and its lucrative research-for-hire contracts have made it a darling of the Tokyo stock market. Now, those gains have […]
November 13, 2019

UBS boss Ermotti fears Europe’s banks ‘too small to survive’

UBS Group Chief Executive Sergio Ermotti on Wednesday said banking consolidation, especially in Europe, is unavoidable in coming years as institutions must achieve critical mass to […]
November 13, 2019

U.S. consumer prices increase more than expected in October

WASHINGTON, Reuters) – U.S. consumer prices rebounded more than expected in October and underlying inflation picked up, which together with abating trade tensions and fears of […]
November 13, 2019

Alibaba opens bookbuild for Hong Kong listing: sources

Chinese e-commerce giant Alibaba Group has opened the trading books for its $13.4 billion Hong Kong listing, two sources with direct knowledge of the process told […]
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