Investors unwind bearish bets as optimism grows on trade and stimulus
World stocks rose for the sixth straight day on Wednesday and bond prices fell as investors continued to unwind safety bets, encouraged by hopes of...
Hong Kong Exchanges proposes $39 billion London Stock Exchange takeover
The Hong Kong Exchanges and Clearing Limited has proposed a 31.6 billion pound ($39 billion) takeover of the London Stock Exchange, it said on Wednesday,...
Hong Kong Exchanges and Clearing proposes merger with LSE
Hong Kong Exchanges and Clearing Limited said on Wednesday it has made a proposal to the board of London Stock Exchange Group Plc to combine...
Great Wall may consider building cars in Europe once sales hit 50,000 a year: chairman
China’s Great Wall Motor may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman...
Chinese firms out in force at Frankfurt boosted by battery builders
Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalizing on a shift toward electric cars forced on German carmakers...
Facebook’s Libra seeks Swiss payment system license
Facebook’s Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said on Wednesday, noting the breadth of the planned services would...
California Senate passes bill to tighten ‘gig’ worker rule
The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for companies like Uber Technologies Inc and...
China exempts 16 types of U.S. goods from additional tariffs
China on Wednesday moved to exempt 16 types of U.S. products from additional retaliatory tariffs, including whey and fish meal, which are fed to animals,...
U.S. corporate bond, IPO markets heat up as recession fears persist
Corporate America appears to be rushing to get the most out of the decade-long bull market in stocks and bonds before a possible recession and...
In a fracturing world, central banks still stuck together
The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming...