China's troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company's plans said.
Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil.
Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years and hire dozens of bankers in Hong Kong and Singapore toward that goal, a senior executive of the lender said.
German classified listings group Scout24 , reporting upbeat second-quarter profits, said on Tuesday it would explore options for its autos platform after facing calls from activist investor Elliott to sell the business.
Asian shares slumped on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina's peso currency drove investors to safe harbors like bonds, gold, and the yen.
Google's fast-growing tool for searching job listings has been a boon for employers and job boards starving for candidates, but several rival job-finding services contend anti-competitive behavior has fueled its rise and cost them users and profits.
China's yuan <CNY=CFXS> is at an appropriate level currently and its fluctuations will not necessarily cause disorderly capital flows, a senior official at the People's Bank of China told Reuters on Tuesday.
Scout24 will explore the potential sale or spin-off of its autos marketplace, CEO Tobias Hartmann said, responding to activist investor Elliott's call to sell the business to boost shareholder returns.
Sensor specialist AMS on Tuesday said it took note of Osram's willingness to discuss a takeover and was looking forward to discussions.
German classified listings group Scout24 said on Tuesday it would explore a sale or spin-off of its autos platform after facing calls from activist investor Elliott to sell the business.
Reliance Industries shares saw their biggest intraday rise in more than a decade on Tuesday, after the company set a target to reach zero net debt in 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.
Share markets fell for a third straight day on Tuesday as fears about a drawn out global trade war, protests in Hong Kong and a crash in Argentina's peso currency kept investors huddled in bonds, gold, and the Japanese yen for safety.
Oil prices edged higher on Tuesday as expectations for major producers to further curtail output offset lingering concerns over global demand and rising U.S. production.
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.
Amazon.com Inc is in late-stage talks to buy as much as 10% of India's Future Retail Ltd , Bloomberg reported on Tuesday, citing people familiar with the matter.