Latest News on private equities market

Huawei tests smartphone with own operating system, possibly for sale this year: Chinese state media

Huawei Technologies Co Ltd is testing a smartphone equipped with Hongmeng, the company's self-developed operating system, which could potentially go on sale by the end of this year, Chinese state-media outlet Global Times reported.



5 years ago

Asia stocks hit six-month lows, bonds boom amid market shakeout

Asian shares slid to 6-1/2-month lows on Monday and the yuan slumped to a more than decade trough as a rapid escalation in the Sino-U.S. trade war sent investors stampeding to traditional safe harbors including the yen, bonds and gold.



5 years ago

HSBC CEO Flint exits abruptly after only 18 months in role

HSBC announced the shock departure of Chief Executive Officer John Flint after just 18 months in the role, saying the bank needed a change at the top to address "a challenging global environment".



5 years ago

How a shadow banking crisis sent India's autos sector into a tailspin

Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors were opened on a recent Saturday morning - not a single customer was in sight.



5 years ago

Japan, U.S. target broad bilateral trade deal by September: Nikkei

Japan and the United States have agreed to target a broad deal on bilateral trade by September, seeking to bridge differences of opinion over tariffs on beef and the automobile sector, the Nikkei business daily reported on Sunday.



5 years ago

New state programs, like California's, make it easier for workers to save for retirement

Millions of workers do not have access to a workplace retirement plan. Now, states like California are starting programs to help those people save for their future.

5 years ago

Is your spouse cheating? Your tax returns may hold the secret

It's hard to hide everything from Uncle Sam — including infidelity. Here's how your tax return can tell you whether your spouse may be having an affair.

5 years ago

Fiat Chrysler CEO: We'll talk alliances, but we can go it alone

Fiat Chrysler Automobiles Chief Executive has a message for Renault SA and other would-be partners: We are happy to talk, but we can go it alone.



5 years ago

HSBC says CEO John Flint to step down

HSBC on Monday said its Chief Executive Officer John Flint, 51, will step down, saying the bank needed a change at the top to address "a challenging global environment."



5 years ago

Fox Corp to take over lender Credible Labs for $397 million

U.S.-based consumer lender Credible Labs Inc said on Monday it had agreed to be bought out by broadcaster Fox Corp for about A$585 million ($397 million).



5 years ago

Elon Musk to launch China unit for tunneling company this month

Elon Musk will soon launch a China unit for his underground tunneling enterprise, The Boring Company, the billionaire entrepreneur said on Twitter.



5 years ago

Berkshire Hathaway profit falls as insurance underwriting declines

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell, as the conglomerate run by billionaire Warren Buffett reported less income from insurance underwriting.



5 years ago

Insurance, economy weigh on Berkshire Hathaway operating profit

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weaker results from insurance underwriting and a slowing economy weighed on the conglomerate run by billionaire Warren Buffett.



5 years ago

Trump defends stance on China trade after new tariffs

U.S. President Donald Trump said on Saturday that things are going well with China, insisting U.S. consumers are not paying for import taxes he has imposed on goods from that country although economists say Americans are footing the bill.



5 years ago

Defrauded students are still waiting for debt forgiveness from Betsy DeVos

The Department of Education is refusing to consider defrauded students' requests for student loan forgiveness, advocates say.

5 years ago