Risk rally hits pause button as markets await trade signals
Global stock markets steadied after a three-day rally on Wednesday as traders continued to watch incoming economic data and awaited new developments from U.S.-China trade...
SoftBank’s Son humbled after Vision Fund’s $8.9 billion loss
SoftBank reported its first quarterly loss in 14 years on Wednesday, whiplashed by an $8.9 billion hit at its giant Vision Fund and marking a...
China urges re-elected Canadian government to free Huawei executive Meng Wanzhou
China’s foreign ministry on Wednesday urged the re-elected Canadian government to immediately release detained Huawei [HWT.UL] executive Meng Wanzhou....
Former Goldman Sachs executive to stand trial in Malaysia next year
Former Goldman Sachs banker Roger Ng will face trial in Malaysia in April for allegedly abetting the sale of $6.5 billion in bonds tied to...
How the SEC is making life easier for corporate America
Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures – including trimming rules – that make life...
Investors left exposed as Trump’s SEC gives America Inc helping hand
The United States’ top market cop is slowly taking the shackles off corporations....
Xerox considers takeover offer for PC maker HP: WSJ
Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer maker HP Inc at a premium to its market value of about $27...
SoftBank Group plunges to $6.5 billion quarterly loss as tech bets stumble
SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts’ estimates, hit by the falling valuations of some of...
Stocks fall as traders question next move in trade war
Asian shares fell on Wednesday for the first time in four trading sessions as investors awaited new developments that might scale back a bruising trade...
Cause of Philadelphia fire sounds alarm over aging U.S. refineries
How did a piece of piping installed when Richard Nixon was U.S. president go without once being checked before leading to a fire that devastated...