June 13, 2019

India’s Jet Airways plunges as bourse moves to limit speculative trading

Shares of Jet Airways sunk over 23% to a record low on Thursday after India’s largest stock exchange said the carrier would soon no longer be […]
June 13, 2019

Credit Suisse, UBS have boosted capital positions: SNB

Switzerland’s biggest banks, UBS and Credit Suisse, have improved their capital positions but must strengthen their crisis planning, the Swiss National Bank said on Thursday, citing […]
June 13, 2019

Seeking shelter from trade war, fund managers bet on China’s consumers

China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks […]
June 13, 2019

China’s Vice Premier Liu calls for more measures to support economy

Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing […]
June 13, 2019

India’s Reliance Capital calls auditor’s observations ‘baseless and unjustified’

Reliance Capital Ltd said on Thursday the observations of PricewaterhouseCoopers (PwC) about its fiscal accounts were “completely baseless and unjustified”, a day after the auditor withdrew […]
June 13, 2019

Republican senator criticizes potential dual U.S. antitrust tech probes

The Republican chairman of the Senate’s antitrust panel criticized plans by the Justice Department and Federal Trade Commission to potentially investigate four of the biggest U.S. […]
June 12, 2019

Trump confident Hong Kong and China will ‘work things out’ after protests

U.S. President Donald Trump said on Wednesday he was sure China and Hong Kong would be able to “work things out” after mass protests in the […]
June 12, 2019

Jet.com falls by wayside as Walmart focuses on its website, online grocery

Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016 for $3.3 billion, after it failed to live up […]
June 12, 2019

Pompeo to push in India for more U.S. access to local markets

The United States is open to dialogue to resolve trade differences with India by allowing Americans companies more access to Indian markets, U.S. Secretary of State […]
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