March 28, 2019

Sony to close smartphone plant in China to cut costs

Sony Corp is closing its Beijing smartphone plant, a spokesman said on Thursday, as the Japanese electronics giant cuts costs in an attempt to make the […]
March 28, 2019

Exclusive: U.S.-hired firm audits Russia’s Rusal for compliance with sanctions deal

A firm hired by the U.S. Treasury Department is auditing Russian aluminum giant Rusal to check whether it is complying with the terms of a deal […]
March 28, 2019

PG&E creditors propose $35 billion exit plan: Bloomberg

Some creditors of PG&E Corp, including Elliott Management Corp and Pacific Investment Management Co (Pimco), are proposing a $35 billion plan for the California power utility […]
March 28, 2019

Bond yields keep falling, stocks try to steady

Global bond yields continued to spiral lower in Asia on Thursday as recession fears fed expectations of more policy easing by major central banks, though some […]
March 28, 2019

Exclusive: China makes unprecedented proposals on tech, trade talks progress – U.S. officials

China has made unprecedented proposals in talks with the United States on a range of issues including forced technology transfer as the two sides work to […]
March 28, 2019

ZTE Corp shares surge 14 percent, forecasts first-quarter rebound

Shares of ZTE Corp rose as much as 14 percent on Thursday after the company forecast a first quarter profit of up to 1.2 billion yuan […]
March 28, 2019

Bond yields spiral lower, take stocks along for the ride

Asian share markets were painted red on Thursday as recession concerns sent bond yields spiraling lower across the globe, overwhelming central bank efforts to calm frayed […]
March 28, 2019

Exclusive: China makes unprecedented proposals on tech transfer, trade challenges remain – U.S. officials

The United States and China have made progress in all areas under discussion in trade talks, with unprecedented movement on the touchy issue of forced technology […]
March 27, 2019

U.S. jury says Bayer must pay $80 million to man in Roundup cancer trial

A U.S. jury on Wednesday awarded $80 million to a man who claimed his use of Bayer AG’s glyphosate-based weed killer Roundup caused his cancer, in […]
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