A "phase one" trade deal between the United States and China was supposed to be a limited agreement that would allow leaders from both countries to claim an easy victory while soothing financial markets.
Australia's Westpac Banking Corp was accused on Wednesday of 23 million breaches of anti-money laundering rules, with a regulator saying the financial giant enabled payments from "high risk" countries and convicted child sex offenders.
The rise in U.S. home prices will continue to outpace consumer inflation until at least 2022, albeit at a slower pace than forecast three months ago, despite a majority of analysts polled by Reuters predicting an improvement in activity in the coming year.
Asian shares lost out to safe-harbour bonds on Wednesday as Sino-U.S. trade talks produced nothing but white noise, while concerns about a supply glut left oil prices nursing their biggest one-day loss in seven weeks.
Australia's Westpac Banking Corp has been accused of 23 million breaches of anti-money laundering law, with regulators saying the company enabled payments from convicted child sex offenders and "high risk" countries over half a decade.
Regulators on Wednesday accused Australia's Westpac Banking Corp of 23 million breaches of anti-money laundering laws, saying the bank ignored red flags and enabled payments from convicted child sex offenders and "high risk" countries for years.
Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing and is set to price its shares at HK$176 each, a 2.8% discount to their New York share price, sources with direct knowledge of the matter said.
Asian shares lumbered lower on Wednesday as the Sino-U.S. trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply saw oil prices suffer their biggest spill in seven weeks.
Asian shares stumbled on Wednesday as the Sino-U.S. trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply left oil prices nursing their biggest one-day loss in seven weeks.
U.S. House of Representatives Speaker Nancy Pelosi on Tuesday conditioned her support for a new U.S.-Mexico-Canada trade deal on better enforcement of its labor provisions, defying pressure by the Trump administration to get the deal done quickly.
New Zealand's central bank said on Wednesday that it would look closely at findings by Australia's financial crime watchdog calling Westpac Banking Corp's anti-money laundering oversight "deficient".
Microsoft Corp said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million in July.
A U.S. safety agency on Tuesday faulted Uber for inadequate attention to safety and decisions in the company's autonomous vehicle development in an investigation into the first-ever death involving a self-driving vehicle, which also cited the vehicle's distracted back-up driver.
Morgan Stanley told financial advisers on Tuesday that they could be paid less if they do not generate more revenue or get customers to sign up for comprehensive financial plans next year, people familiar with the bank's 2020 compensation plan said.
Vodafone has secured a seven-year technology partnership with Ryanair to handle services including online booking, passenger boarding and in-flight transactions for the Irish airline in Europe.