Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Hong Kong August home prices post biggest monthly drop since February
HONG KONG (Reuters) - Private home prices in Hong Kong fell 1.1% in August, their biggest monthly drop since February, official data by the Rating and Valuation Department showed on Wednesday, as the ...
Sep 29, 2020
General Atlantic to invest $498.31 million in Reliance’s retail arm
BENGALURU (Reuters) - Reliance Industries Ltd said on Wednesday U.S. Fund General Atlantic plans to invest 36.75 billion rupees ($498.31 million) for a 0.84% stake in its retail arm, making it the lat...
Sep 29, 2020
First U.S. presidential debate fails to move investors
By Stanley White and Noel Randewich TOKYO/SAN FRANCISCO (Reuters) - U.S. stock futures fluctuated slightly but markets and investors were largely stoic as an acrimonious first debate between U.S. pres...
Sep 29, 2020
Goldman Sachs promotes Drayton in Asia: memo
HONG KONG (Reuters) - Goldman Sachs has appointed Iain Drayton to be the co-head of investment banking for Asia, ex Japan, according to a memo seen by Reuters. Drayton, who is based in Hong Kong, is t...
Sep 29, 2020
China Evergrande rises 13.9% after deal with Hengda investors
HONG KONG (Reuters) - Shares of China Evergrande Group rose as much as 13.9% after the property developer reached a deal with some investors of its unit Hengda to ease cash-crunch concerns. The shares...
Sep 29, 2020
China’s factory activity extends solid growth in September, new export orders surge: Caixin PMI
BEIJING (Reuters) - Activity in China's factories extended solid growth in September as payrolls expanded for the first time this year and overseas demand surged, a private survey showed on Monday, ad...
Sep 29, 2020
China publishes draft loss-absorbing capacity rules for major lenders
SHANGHAI/BEIJING (Reuters) - China published draft rules on Wednesday that set total loss-absorbing capacity requirements for systematically important banks. The rules are aimed at further improving t...
Sep 29, 2020
China’s factory activity accelerates at solid pace in Sept on boost from overseas demand
By Gabriel Crossley BEIJING (Reuters) - China's factory activity expanded at a faster pace in September helped by a return to exports growth after several months of shrinking sales, bolstering a stead...
Sep 29, 2020
Oil drops second day as surging coronavirus cases prompt demand worries
TOKYO (Reuters) - Oil prices fell for a second day on Wednesday, extending big losses from the previous session amid rising concerns about fuel demand as the coronavirus pandemic worsens. Brent crude ...
Sep 29, 2020
Growth in China’s services sector accelerates in September – official PMI
BEIJING (Reuters) - Activity in China's services sector expanded at a faster pace in September, official data showed on Wednesday, as demand across the economy continues to recover from a coronavirus-...
Sep 29, 2020
