November 28, 2019

China’s major shareholders sell A-shares, pressuring markets

Business owners and major shareholders are selling down their stakes in listed companies, producing a glut of shares in a market already under pressure from a […]
November 28, 2019

Drugmakers slash prices in China to get on reimbursement list

Drugmakers including Roche and Novartis’ have agreed to cut the prices of some of their newest drugs by an average of 61% in China in order […]
November 28, 2019

Exclusive: Facing U.S. sanctions, Venezuela offers suppliers payment in Chinese yuan – sources

Venezuela’s government and its oil company PDVSA have offered to pay suppliers and contractors into accounts in China using the yuan currency, five people familiar with […]
November 28, 2019

Asian shares sink as Hong Kong tensions spoil festive mood

Asian share markets fell on Thursday as concerns that tensions over Hong Kong may stymie a U.S.-China trade deal cast a pall over Thanksgiving cheer from […]
November 28, 2019

Scandal-hit Westpac to refund some buyers of new shares

Australia’s Westpac Banking Corp offered to refund people who bought new shares weeks before a lawsuit accusing it of millions of breaches of money laundering laws, […]
November 28, 2019

Canada’s TMX Group says it is looking into past conduct of CEO

TMX Group is looking into allegations about the past conduct of its chief executive officer, Lou Eccleston, the operator of the Toronto Stock Exchange said in […]
November 28, 2019

Oil drops after U.S. inventory build, new output record

Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations as production hit […]
November 28, 2019

Australia’s Westpac to refund people who bought new shares before money laundering bombshell

Australia’s Westpac Banking Corp offered to refund investors who bought new shares weeks before a bombshell lawsuit accusing it of millions of breaches of money laundering […]
November 28, 2019

India plans to cap commissions for Uber, Ola: Economic Times

India plans to cap commissions app-based taxi aggregators such as Uber and home-grown Ola earn on rides to a maximum 10% of the total fare, financial […]
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