Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources
By Engen Tham, Summer Zhen and Selena Li HONG KONG/SHANGHAI (Reuters) -Credit Suisse has scrapped plans to set up a
2023-05-31 15:15
Japan’s Second-Biggest Brokerage Weighs Purchase of M&A Boutique
Daiwa Securities Group Inc. will consider acquiring “strong boutique” firms in mergers and acquisitions, as it joins rivals
2023-05-31 14:48
Singapore Sees Record Clampdown on Oil Ships as Dark Fleet Grows
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the
2023-05-31 14:26
Hungary asks EU to extend import curbs on grains from Ukraine at least until end-2023
BUDAPEST Hungary has asked the EU to extend import curbs on Ukraine grains and oilseed crops for five
2023-05-31 14:21
Macquarie Said to Weigh Sale of $2 Billion Korean Gas Firm
Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2
2023-05-31 14:19
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:15
US sanctions Chinese and Mexican firms over fentanyl making equipment
The United State sanctioned more than a dozen Chinese and Mexican companies on Tuesday, accusing them of shipping or selling equipment that make counterfeit pills, as it cracks down on imports of illegal fentanyl that fuels America's deadly opioid epidemic.
2023-05-31 13:46
UBS Family Office Clients Boost Hedge-Fund Bets Amid Volatility
UBS Group AG’s family office clients have increased allocations to hedge funds as they focus on active ways
2023-05-31 13:28
Cargill to sell China protein business to private equity firm DCP Capital
BEIJING U.S. agribusiness giant Cargill has agreed to sell its protein business in China to private equity firm
2023-05-31 13:22
HKEX Looks to Move Away From Fax Machines By Automating ETF Platform
Hong Kong’s stock exchange is looking to automate its handling of exchange-traded products in a bid to streamline
2023-05-31 13:15
Tanker Billionaire Fredriksen Clashes With Another Shipper
Norwegian shipping billionaire John Fredriksen has clashed with another tanker company after his tumultuous attempt to buy Euronav
2023-05-31 12:53
Dimon Says JPMorgan Will Be in China for Good and Bad Times
Jamie Dimon said JPMorgan Chase & Co. will be in China in both good and bad times, remaining
2023-05-31 12:51