[ad_1] Shopping carts are seen at a Target store in Azusa, California U.S. November 16, 2017. REUTERS/Lucy Nicholson/File Photo (Reuters) – Target Corp raised its full-year profit forecast after posting better-than-expected quarterly results on Wednesday,
Singapore proposes to regulate bitcoin futures
[ad_1] HONG KONG (Reuters) – Singapore’s central bank plans to bring bitcoin and other similar cryptocurrency futures traded on approved exchanges under its regulation in response to interest from international institutional investors, it said on
Alibaba raises up to $12.9 billion in landmark Hong Kong listing
[ad_1] HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group raised up to $12.9 billion (£10 billion) in a landmark listing in Hong Kong, the largest share sale in the city in nine years and
Alibaba to price shares at HK$176 in landmark $12.9 billion HK listing – sources
[ad_1] HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group will raise up to $12.9 billion from its landmark Hong Kong listing and is set to price its shares at a 2.8% discount to their
China trims new benchmark lending rate again to shore up sputtering economy
[ad_1] SHANGHAI (Reuters) – China lowered its lending benchmark rate on Wednesday, as widely expected, to reduce company funding costs and shore up an economy hurt by slowing demand and U.S. trade tariffs. FILE PHOTO:
Wirecard says 2017 audit of Singapore unit not concluded due to probe
[ad_1] FILE PHOTO: The headquarters of Wirecard AG is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder/File Photo FRANKFURT (Reuters) – German payments company Wirecard said restrictions imposed by authorities in Singapore
Alibaba to price shares at HK$176 in landmark $12.9 billion Hong Kong listing – sources
[ad_1] HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group will raise up to $12.9 billion (£9.9 billion) from its landmark Hong Kong listing and is set to price its shares at a 2.8% discount
China coal-fired power capacity still rising, bucking global trend – study
[ad_1] SHANGHAI (Reuters) – China raised its coal-fired power capacity by 42.9 gigawatts (GW), or about 4.5%, in the 18 months to June, connecting new projects to the grid at a time when capacity in
Dollar, yen tick higher as trade news dries up
[ad_1] SINGAPORE (Reuters) – The dollar and the safe-haven yen edged higher on Wednesday, but not much, as a lack of clarity on U.S.-China trade talks kept investors cautious. FILE PHOTO: Euro, Hong Kong dollar,
Japan’s exports post worst fall in three years as shipments to U.S., China drop
[ad_1] TOKYO (Reuters) – Japan’s exports tumbled at their quickest pace in three years in October, threatening to tip the trade-reliant economy into recession as weakening demand from United States and China darkened the outlook.