Latest News on private equities market

Credit Suisse on Wednesday posted its highest quarterly earnings in four years, confirming its 2019 profitability target after second-quarter earnings jumped 45%.

Asian shares fell on Wednesday to a six-week trough, rattled by fresh trade war concerns following threats from President Donald Trump to Beijing, while increasing worries about a no-deal Brexit kept the pound under pressure.

Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half.

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Samsung Electronics warned on Wednesday that Japanese curbs on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to "significant new challenges."

Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the region's insurance sector.

Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half.

U.S. President Donald Trump said Federal Reserve Chairman Jerome Powell "let us down" with a quarter-percentage-point interest rate cut on Wednesday, saying the market wanted a signal that a "lengthy and aggressive rate-cutting cycle" was under way.

E-commerce giant Amazon has agreed to buy Israeli storage technology startup E8 Storage, Israeli financial media reported on Wednesday.

The dollar index hit a more than 2-year high and stocks tumbled after Federal Reserve Chairman Jerome Powell said Wednesday's 25-basis-point rate cut was not the same as the beginning of a lengthy easing cycle.

Wall Street turned negative after Federal Reserve Chairman Jerome Powell in a press conference after the Fed announced its first rate cut since 2008 characterized it as a mid-cycle policy adjustment, adding that the decision was different from the beginning of a lengthy cutting cycle.

Wearable device maker Fitbit Inc cut its 2019 revenue forecast on Wednesday, blaming disappointing sales of its newly launched cheapest smartwatch Versa Lite, sending its shares tumbling as much as 16% to a record low.

The company is on track to generate $1 billion in revenue in 2019, one of the people said.

U.S. interest rates have never been as low as they are now at the start of any past Federal Reserve interest rate reduction cycle.

Two of the biggest U.S. banks, JPMorgan Chase & Co and Citigroup Inc , on Wednesday lowered their benchmark rates for a wide range of consumer and commercial loans, following a rate cut from the Federal Reserve.