Chinese vice premier urges more support for economy as trade war bites
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...
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...
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...
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...
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...
Analysis: Is bitcoin growing up? Regulated futures boom as investors seek a safer ride
When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are...
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,...
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...
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...
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...