U.S. companies in China are increasingly fretful that trade tensions between the world's two biggest economies will drag out over years and nearly a third said their ability to retain staff had been affected, a survey showed.
U.S. private equity firm Silver Lake Partners will invest 75 billion rupees ($1.02 billion) in the retail arm of Indian conglomerate Reliance Industries Ltd for a 1.75% stake, Reliance said on Wednesday.
Reliance Industries Ltd's telecom unit is looking to outsource the manufacturing of over 100 million low-cost smartphones that will be built on Google's Android platform, India's Business Standard newspaper reported, citing sources.
A company firmly placed in the burgeoning telehealth segment -- privately held Amwell -- has outlined the terms of its upcoming initial public offering (IPO) in a regulatory document filed on Tuesday.
(RTTNews) - Asian stock markets are lower on Wednesday following the sharp losses overnight on Wall Street for the third straight session after another strong round of selling in technology stocks.
The epic battle between Apple (NASDAQ: AAPL) and Epic Games over the latter's Fortnite is getting more intense. On Tuesday, it was revealed that the tech giant has sued the video game developer for breach of contract and on other counts, responding in kind to legal actions Epic
South Korean shares slid on Wednesday, tracking an overnight selloff in high-flying tech stocks on Wall Street and on increased volatility ahead of the expiration of futures and options contracts. The won and benchmark bond yield weakened.
(RTTNews) - The Thai stock market has moved lower in two straight sessions, sinking more than 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,295-point plateau and it's expected to extend its losses again on Wednesday.
U.S. President Donald Trump has directed the U.S. Environmental Protection Agency to deny dozens of refiner requests for retroactive waivers from the nation's biofuel laws amid concerns the divisive issue was costing him politically in the Farm Belt, according to three sources familiar with the decision.
China's factory gate prices fell for the seventh straight month in August but at the slowest annual pace since March, suggesting the industries of the world's No. 2 economy continued to recover from the sharp coronavirus-induced downturn.
(RTTNews) - The Japanese stock market is losing on Wednesday and the safe-haven yen strengthened following the sharp losses overnight on Wall Street. Investor sentiment was dampened following news that a coronavirus vaccine candidate being developed by AstraZeneca in partnership
(RTTNews) - The Indonesia stock market on Tuesday wrote a finish to the three-day losing streak in which it had fallen more than 80 points or 1.6 percent. The Jakarta Composite Index now sits just above the 5,440-point plateau although it's expected to see renewed consolidation
More than 30% of new customers at bitFlyer, a major Japanese crypto exchange, are in their 20s, the exchange said.
BitFlyer conducted a survey of Japanese customers who opened accounts this year between January and July, with 539 responding, CoinDesk Japan reported Tuesday.
The number of new customers in their 20s doubled from a 2018 survey, when just 18% of respondents were part of that age group. In contrast, the percent of respondents in their 30s, 40s, 50s and 60s all shrank relative to two years ago.
BitFlyerâs marketing manager Kenichi Nishimura cited the COVID-19 pandemic as one reason for the influx, saying young investors were looking for alternatives to the traditional stock market after major global indices crashed. Other concerns include a Financial Services Agency report saying pensions might not be sufficient to live on by the time individuals in their 20s retire.
The crypto exchange claims its largest group of users remains in the 30-39 age range, both in Japan and its overseas markets.
CoinDesk reported earlier this year that Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group, three of Japanâs biggest banks, are looking at developing a digital payment system that could support a shift away from physical cash without requiring crypto.
After a season of modest but real progress, Manchester United head into the new Premier League campaign with a far tougher challenge facing them -- to get back in the title race.
Arsenal fans will be dreaming of a top-four finish in the coming season as manager Mikel Arteta continues rebuilding the side around goal machine Pierre-Emerick Aubameyang and younger talents like Bukayo Saka.
Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout of technology shares sank Wall Street for a third consecutive day and a major drugmaker delayed testing of a coronavirus vaccine.
Vietnam's first domestic car manufacturer, Vinfast, said on Wednesday it had bought GM Holden's Lang Lang Testing Centre in Australia, as part of its efforts to expand internationally.
President Donald Trump will announce a further drawdown of U.S. troops from Iraq on Wednesday, a senior administration official told reporters on Tuesday.
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