Latest News on private equities market

Guoxuan says in talks with Volkswagen, hasn't reached binding agreement

Guoxuan says in talks with Volkswagen, hasn't reached binding agreement

Guoxuan High-Tech Co Ltd is in talks with Volkswagen AG for potential strategic cooperation in technology, product, and capital, the Chinese battery maker wrote in a company filing on Monday.



6 years ago
Asia shares camp on high ground, oil jumps on Libya shutdown

Asia shares camp on high ground, oil jumps on Libya shutdown

Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve.



6 years ago
Oil surges as Libyan pipeline shutdown cripples output

Oil surges as Libyan pipeline shutdown cripples output

Oil prices jumped on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.



6 years ago
Subaru sets mid-2030s target to sell only electric vehicles worldwide

Subaru sets mid-2030s target to sell only electric vehicles worldwide

Japan's Subaru Corp set a target on Monday for all the vehicles it sells worldwide to be electric by the first half of the 2030s, in a move toward its long-term goal of a carbon-free society.



6 years ago
Oil jumps to highest in more than a week after Libyan shutdowns

Oil jumps to highest in more than a week after Libyan shutdowns

Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.



6 years ago
Samsung appoints new mobile chief as Huawei chips away at market share

Samsung appoints new mobile chief as Huawei chips away at market share

Samsung Electronics Co Ltd on Monday named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd.



6 years ago
China will increase imports from U.S. according to 'market principles': official

China will increase imports from U.S. according to 'market principles': official

China will negotiate with American companies and increase imports of U.S. goods and products according to market principles, an official with its state planner said on Sunday.



6 years ago
CEO says Bank of America aims to 'double' its U.S. consumer market share: FT

CEO says Bank of America aims to 'double' its U.S. consumer market share: FT

Brian Moynihan, the chief executive officer of Bank of America Corp , has said the bank could double its consumer market share in the United States despite fears about the power of the country's largest banking institutions.



6 years ago
JPMorgan to buy Paris building to bring euro teams from London

JPMorgan to buy Paris building to bring euro teams from London

U.S. bank JPMorgan Chase & Co said it plans to buy a building in central Paris to house up to 450 staff in coming years, as it relocates some services from London after Britain's exit from the European Union.



6 years ago
Mexican official eyes stronger ties with China after U.S. trade deal

Mexican official eyes stronger ties with China after U.S. trade deal

Mexico should move to deepen its economic ties with China after U.S. congressional approval of a new North American trade deal, a senior Mexican official said late on Saturday.



6 years ago
Hong Kong hits major fintech milestone as half the city’s population signs up for HKMA’s Faster Payment System

Hong Kong hits major fintech milestone as half the city’s population signs up for HKMA’s Faster Payment System

South China Morning Post | Enoch Yiu  | Jan 13, 2020 Hong Kong residents can expect to benefit from cheaper and better banking services with the launch of more virtual banks this year, according to high-profile speakers at the Asian Financial Forum. Their comments came as it was revealed the Hong Kong Monetary Authority has

6 years ago
Tesla moves a step closer to opening first European factory with German property deal

Tesla moves a step closer to opening first European factory with German property deal

U.S. electric car pioneer Tesla has agreed to buy a property on the outskirts of Berlin, bringing it a step closer to opening its first European factory, local authorities said on Sunday.



6 years ago
EU industry chief dismisses fears strict security rules could delay 5G

EU industry chief dismisses fears strict security rules could delay 5G

European industrial policy chief Thierry Breton dismissed claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in Germany over the risk posed by China's Huawei.



6 years ago
Why some life insurance could prove risky for consumers

Why some life insurance could prove risky for consumers

Life insurance sales standards can be lax, and the complexity of many types of insurance could make it difficult to know if you're getting good advice.

6 years ago
Wealthy investors see nothing that will stop this relentless bull market

Wealthy investors see nothing that will stop this relentless bull market

Millionaire investors have ditched their fears of a recession and are increasingly bullish on the economy and stocks at the start of 2020 trading, according to an E-Trade survey.

6 years ago