October 18, 2018

Dividend windfall: Santander latest target in Germany’s giant fraud probe

Spain’s Santander is the latest bank to be caught up in Germany’s biggest post-war fraud investigation involving a share-trading scheme that the authorities say cost taxpayers […]
October 18, 2018

Trade off: China soybean imports set for biggest drop in 12 years amid tariff conflict

China’s soybean imports are set to drop by a quarter in the last three months of 2018, their biggest fall in at least 12 years as […]
October 18, 2018

Blackstone concedes defeat to Canadians in battle for Australia’s Investa

Private equity giant Blackstone Group has quit a takeover battle for Australian office-block owner Investa Office Fund after it was gazumped by Canadian landlord Oxford Properties […]
October 18, 2018

U.S. Senate panel wants to question Hyundai, Kia over engine fire reports

The Senate Commerce Committee’s Republican chairman and ranking Democrat said on Wednesday they had asked top U.S. executives at Hyundai Motor Co and Kia Motors Corp […]
October 18, 2018

Story on Zhoushan in talks with Exxon Mobil on ethylene plant withdrawn

The story headlined ‘China’s Zhoushan city woos Exxon Mobil for a $7 bln ethylene plant’ is withdrawn. The provincial government has withdrawn its original statement issued […]
October 18, 2018

China’s Geely ‘corrects’ rumors about presidential family ties

Chinese carmaker Geely Automobile Holdings Ltd , long the subject of speculation about its political ties, has moved to dispel a widely held belief its chairman’s […]
October 18, 2018

Dollar at one week high after hawkish Fed minutes; Asia stocks capped

Asian stocks were capped and the dollar rose to a one week-high in early Thursday trade after the minutes of the Federal Reserve’s latest meeting showed […]
October 18, 2018

Facebook tentatively concludes spammers were behind recent data breach: WSJ

Facebook Inc has tentatively concluded that spammers looking to make money, and not a nation-state, were behind the largest-ever data theft at the social media company, […]
October 18, 2018

Exxon Mobil bets big on China LNG, sidesteps trade war

In the middle of a Sino-U.S. trade war, the world’s largest publicly traded oil and gas company is turning toward Beijing for business at a time […]
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