May 8, 2019

Trump says he would be happy to keep tariffs on Chinese imports in place

U.S. President Donald Trump said on Wednesday he would be happy to keep tariffs on Chinese imports in place, adding that China is mistaken if it […]
May 8, 2019

Japan’s Sharp to return to U.S. TV market, regains brand license

Sharp Corp will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively regained the license for […]
May 8, 2019

JPMorgan poised to be first foreigner to get majority in China fund venture

JPMorgan could become the first foreign company to own a majority stake in its Chinese mutual fund business, after its joint venture partner put a crucial […]
May 8, 2019

Thomson Reuters profit tops Wall Street forecasts

Thomson Reuters Corp on Wednesday reported stronger-than-expected quarterly profit, helped by strong demand for information it sells to legal professionals, and reaffirmed its forecast for the […]
May 8, 2019

Exclusive: China backtracked on nearly all aspects of U.S. trade deal – sources

The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up […]
May 8, 2019

World shares near five-week low before make-or-break trade talks

World shares held near five-week lows on Wednesday as renewed trade tensions and fears for the global economy drove investors into the safety of bonds and […]
May 8, 2019

Occidental seen as a rare victory for hedge funds tracking corporate jets

Hedge funds paying upward of $100,000 per year to track the flights of corporate jets were vindicated when Occidental Petroleum Corp announced two deals last week […]
May 8, 2019

SoftBank Corp to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 percent

Japanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan and turn the internet company into a […]
May 8, 2019

Tencent pulls blockbuster game PUBG in China, launches patriotic alternative

Tencent Holdings Ltd on Wednesday shut down its test version of global blockbuster “PlayerUnknown’s Battlegrounds” in China and shifted users to a similar, more patriotic video […]
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