Latest News on private equities market

Thomson Reuters posts higher operating profit

Thomson Reuters posts higher operating profit

Thomson Reuters Corp , parent of the Reuters News agency, swung to a net loss in the third quarter, reflecting its stake in Refinitiv, but its revenue and operating profit rose.



6 years ago
In record deal, U.S. to recover $1 billion from Malaysian fugitive Jho Low

In record deal, U.S. to recover $1 billion from Malaysian fugitive Jho Low

The U.S. Justice Department on Wednesday struck a deal to recoup $1 billion in funds allegedly looted from a Malaysian state investment fund by fugitive financier Jho Low, in a record capture for a U.S. anti-corruption probe.



6 years ago
Asian stocks rally after Fed rate cut, BOJ keeps policy steady

Asian stocks rally after Fed rate cut, BOJ keeps policy steady

Asian shares jumped on Thursday to a three-month high and the dollar fell broadly after the Federal Reserve cut interest rates as expected and U.S. Treasury yields declined.



6 years ago
China officials optimistic for trade deal with U.S. despite APEC setback

China officials optimistic for trade deal with U.S. despite APEC setback

Chinese officials voiced optimism that Beijing and Washington can find a way to clinch the so-called Phase One trade deal next month, despite the abrupt cancellation of the summit where the heads of state were to meet to formally sign the deal.



6 years ago
Ex-Trump official calls student loans "insane," saying Republicans need to embrace forgiveness

Ex-Trump official calls student loans "insane," saying Republicans need to embrace forgiveness

Here's why a Republican former Trump official is calling for student debt forgiveness.

6 years ago
U.S. economy likely lost further ground in third quarter

U.S. economy likely lost further ground in third quarter

The U.S. economy likely slowed further in the third quarter, held back by a moderation in consumer spending and declining business investment, which could spur the Federal Reserve to cut interest rates again to keep the expansion on course.



6 years ago
U.S. agrees 1MDB recovery deal with Malaysian Jho Low

U.S. agrees 1MDB recovery deal with Malaysian Jho Low

The U.S. Justice Department said on Wednesday it has reached a settlement deal with financier Jho Low to recover almost $1 billion that was misappropriated from Malaysian investment fund 1MDB.



6 years ago
Facebook sales grow as users tick up; Zuckerberg defends political ads

Facebook sales grow as users tick up; Zuckerberg defends political ads

Facebook Inc reported an uptick in users in lucrative markets and its third-straight rise in quarterly sales growth on Wednesday, but the company's controversial political ads stole the limelight when CEO Mark Zuckerberg spoke to analysts.



6 years ago
Starbucks earnings heat up on China expansion, digital and cold brews

Starbucks earnings heat up on China expansion, digital and cold brews

Starbucks Corp beat Wall Street sales and revenue estimates on Wednesday, driven by new stores, digital ordering and delivery in China, and cold drinks in the United States.



6 years ago
Hong Kong's central bank cuts interest rate after Fed move

Hong Kong's central bank cuts interest rate after Fed move

The Hong Kong Monetary Authority (HKMA) lowered its base rate charged through the overnight discount window by 25 basis points to 2% on Thursday, hours after the U.S. Federal Reserve delivered a cut of the same size.



6 years ago
Chile's APEC cancellation raises new hurdle for U.S.-China trade deal

Chile's APEC cancellation raises new hurdle for U.S.-China trade deal

Leaders from the United States and China encountered a new obstacle in their struggle to end a damaging trade war on Wednesday, when the summit where they were supposed to meet was cancelled because of violent protests.



6 years ago
Samsung Elec upbeat on chip outlook as third-quarter profit falls 56%

Samsung Elec upbeat on chip outlook as third-quarter profit falls 56%

Samsung Electronics Co Ltd said chip sales should pick up in 2020 as it reported a 56% fall in third-quarter operating profit on Thursday, reeling from memory price declines amid a prolonged industry downturn.



6 years ago
Asian stocks edge higher after Fed rate cut, focus shifts to BOJ

Asian stocks edge higher after Fed rate cut, focus shifts to BOJ

Asian shares rose on Thursday and U.S. stock futures edged higher after the U.S. Federal Reserve cut interest rates as expected to keep economic expansion on track.



6 years ago
Stock investors see silver lining in Fed's rate-cut pause

Stock investors see silver lining in Fed's rate-cut pause

The U.S. Federal Reserve may be done cutting interest rates but stock investors are not done buying.



6 years ago
U.S. lawmakers question Boeing's $1 mln rebate clause for Southwest 737 MAX orders

U.S. lawmakers question Boeing's $1 mln rebate clause for Southwest 737 MAX orders

To convince Southwest Airlines Co to buy the Boeing 737 MAX, the plane maker reassured the airline that pilots would not need expensive simulator training and backed up the promise with a $1 million per plane rebate if training was needed, U.S. lawmakers said on Wednesday.



6 years ago