Latest News on private equities market

Carlos Ghosn's Japanese lawyers quit after former Nissan chief absconds

Carlos Ghosn's Japanese lawyers quit after former Nissan chief absconds

Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief's flight to Lebanon from Japan, where he had been fighting financial misconduct charges.



6 years ago
Chinese financial institutions can cope with foreign competition: central bank

Chinese financial institutions can cope with foreign competition: central bank

Chinese financial institutions are completely capable of coping with foreign competition as the $40 trillion financial sector is freed up, the central bank said on Thursday, after China and the United States signed a initial deal on trade.



6 years ago
Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd

Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd

Korea's Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday.



6 years ago
Factbox: Foreign investment banks with majority stakes in China units

Factbox: Foreign investment banks with majority stakes in China units

The world's biggest investment banks will be able to wholly own their China securities businesses from April 1 as the U.S.- China Phase 1 trade deal accelerates a previous deadline for removing foreign ownership caps by nine months.



6 years ago
Trade deal touts financial sector wins; China to scrap securities business cap faster

Trade deal touts financial sector wins; China to scrap securities business cap faster

The long-awaited U.S.-China trade deal touted new wins for U.S. companies looking to access China's $40 trillion financial sector, but many of the changes were already in the works with Beijing stepping up the pace of opening up in the past year.



6 years ago
China, U.S. sign initial trade pact but doubts and tariffs linger

China, U.S. sign initial trade pact but doubts and tariffs linger

China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world's two largest economies, defusing an 18-month row that has hit global growth.



6 years ago
China fourth-quarter GDP grows 6%, in line with expectations and hovering near 30-year low

China fourth-quarter GDP grows 6%, in line with expectations and hovering near 30-year low

China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and unchanged from the previous quarter's pace.



6 years ago
China 2019 crude steel output jumps 8.3%, sets second straight annual record

China 2019 crude steel output jumps 8.3%, sets second straight annual record

Crude steel production in China climbed to a record just shy of 1 billion tonnes in 2019, boosted by a resilient property market and robust demand as Beijing beefed up infrastructure spending in a bid to weather a slowdown in economic growth.



6 years ago
China's 2019 pork output plunges as African swine fever cuts herd

China's 2019 pork output plunges as African swine fever cuts herd

China produced 42.55 million tonnes of pork in 2019, down 21.3% from a year earlier, official data showed on Friday, after the fatal hog disease African swine fever killed millions of pigs in the world's top producer.



6 years ago
Senate passes North America trade deal, Canada still to approve

Senate passes North America trade deal, Canada still to approve

The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged.



6 years ago
China's 2019 birth rate slowest in 70 years: stats bureau

China's 2019 birth rate slowest in 70 years: stats bureau

China's birth rate fell to its lowest last year since the founding of the People's Republic of China 70 years ago, posing a long-term challenge for its government.



6 years ago
Instant View: China's economic growth slows to 6.1% in 2019, near 30-year low

Instant View: China's economic growth slows to 6.1% in 2019, near 30-year low

China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and steadying from the previous quarter's pace.



6 years ago
China posts weakest growth in 29 years as trade war bites, but ends year on firmer note

China posts weakest growth in 29 years as trade war bites, but ends year on firmer note

China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.



6 years ago
Hong Kong protesters are voting with their wallets

Hong Kong protesters are voting with their wallets

Some Hong Kong residents are using apps to look for businesses backing protests in a bid to support them.

6 years ago
Comcast bets ads work on streaming TV, plans Peacock debut for April

Comcast bets ads work on streaming TV, plans Peacock debut for April

Comcast Corp-owned NBCUniversal's new Peacock service will offer free and $5-per-month options that include advertising to try to win customers for its belated entry into the streaming video wars, the company announced on Thursday.



6 years ago