June 13, 2019

France’s Le Maire to meet Renault chairman, says Nissan alliance priority

French Finance Minister Bruno Le Maire said on Thursday a Fiat Chrysler-Renault merger remained an “interesting opportunity” but added he would tell the French carmaker’s chairman […]
June 13, 2019

Tesco’s sales growth slows in subdued UK market

Tesco, Britain’s biggest retailer, said sales growth slowed in its latest quarter, blaming a subdued overall market that has been hampered by poor early summer weather, […]
June 13, 2019

Hong Kong leads Asian stocks lower, oil fragile at five-month lows

Asian shares slumped on Thursday as the Hong Kong market was hit for the second straight session following a day of massive street protests, while oil […]
June 13, 2019

Alibaba files to list in Hong Kong as soon as third quarter: source

Chinese e-commerce giant Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing that will take place as soon as the third quarter of […]
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 […]
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