Latest News on private equities market

Post-ECB market rally fades as doubts emerge over stimulus impact

German bond yields and the euro rebounded on Thursday and European banking shares were whipsawed as doubts crept in about the effectiveness of the ECB's decision to cut interest rates and pledge an indefinite supply of asset purchases.



5 years ago

Wall Street gains on easing trade concerns, euro zone stimulus

U.S. stocks gained in morning trading on Thursday after the United States delayed scheduled tariff hikes on billions worth of Chinese imports, and the European Central Bank launched a stimulus drive to boost the ailing euro zone economy.



5 years ago

Exclusive: Germany eyes massive windfall from plunging borrowing costs

Germany could enjoy a windfall of 5 billion euros or more this year as record-low bond yields slash its borrowing costs, three people familiar with Berlin's budget planning told Reuters on Thursday.



5 years ago

U.S. court upholds ex-HSBC executive's conviction for foreign-exchange scheme

A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defrauding Cairn Energy Plc in a $3.5 billion currency trade.



5 years ago

U.S. firms sour on their future in China as trade war bites: AmCham

The China-U.S. trade war is souring the profit and investment outlook for U.S. companies operating in the world's second-biggest economy, a survey by a prominent American business association showed.



5 years ago

Tepid reaction for Apple's new iPhones in China amid tough competition

A lower price tag and new features may not be enough for Apple Inc to win customers for its newly-launched iPhone 11 series in China, the world's largest smartphone market that is already crowded with cheaper and feature-packed rival handsets.



5 years ago

U.S. corporate bond, IPO markets heat up as recession fears persist

Corporate America appears to be rushing to get the most out of the decade-long bull market in stocks and bonds before a possible recession and election-year stock market volatility slam the IPO and credit windows shut.



5 years ago

In a fracturing world, central banks still stuck together

The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.



5 years ago

California Senate passes bill to tighten 'gig' worker rule

The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for companies like Uber Technologies Inc and Lyft Inc to classify workers as independent contractors rather than employees.



5 years ago

China exempts 16 types of U.S. goods from additional tariffs

China on Wednesday moved to exempt 16 types of U.S. products from additional retaliatory tariffs, including whey and fish meal, which are fed to animals, and some lubricants, according to a statement from the Ministry of Finance.



5 years ago

Great Wall may consider building cars in Europe once sales hit 50,000 a year: chairman

China's Great Wall Motor may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman said, as part of a push to seek growth in overseas markets.



5 years ago

Chinese firms out in force at Frankfurt boosted by battery builders

Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalizing on a shift toward electric cars forced on German carmakers by regulators seeking to curb pollution.



5 years ago

Facebook's Libra seeks Swiss payment system license

Facebook's Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said on Wednesday, noting the breadth of the planned services would require broad oversight.



5 years ago

China exempts some U.S. goods from retaliatory tariffs as fresh talks loom

China announced exemptions for 16 types of U.S. products from additional retaliatory duties, in a move that comes as trade negotiators from the two countries prepare to meet later this month to try and de-escalate their protracted tariff row.



5 years ago

Airbus orders visual checks on some helicopter models after fatal Norway crash

Airbus has ordered checks on three types of helicopters following a fatal crash in Norway, Norwegian authorities said on Wednesday.



5 years ago