Hillhouse and Japan's Mitsui & Co have emerged as final bidders vying for Singapore-headquartered traditional Chinese medicine chain Eu Yan Sang International, in a deal that could fetch over $700 million, two people with knowledge of the matter said.
Thai Prime Minister Srettha Thavisin on Friday said his government would support economic growth and tourism and seek to build confidence, while pursuing a drive to turn the country into a regional travel hub.
British luxury fashion brand Burberry on Friday warned that its annual results would be below previous guidance, blaming a further slowdown in demand that hit sales in the key December trading period.
Hungarian headline inflation slowed to an annual +5.5% in December from +7.9% in November, below analysts' expectations of +6.0%, the Central Statistics Office (KSH) said on Friday.
Asian emerging markets currencies were tentative on Friday as higher-than-expected inflation in the United States failed to deter March interest rate cut bets, keeping the greenback steady, with most currencies on track to end the week lower.
Turkey's current account balance turned to a
larger-than-expected deficit of $2.72 billion in November after
two months of surpluses, central bank data showed on Friday.
British luxury fashion brand
Burberry warned on Friday its full-year results will be
below its previous guidance after a further deceleration in its
key December trading period.
Casino shareholders and creditors on Thursday gave the green light to a plan led by Czech billionaire Daniel Kretinsky to bail out the debt-ridden French retailer.
The China conundrum aside, a search for undervalued assets already seems to be tempting some investors back to emerging markets - but Western savers happily hunkered down at home may struggle to accept the case.
Taiwan's three main political parties will hold mass rallies on Friday evening in a final push for support ahead of critical presidential and parliamentary elections happening against a backdrop of increased Chinese pressure on the island.
S&P Global Ratings on Friday downgraded Vedanta Resources to among its lowest ratings citing a "distressed" bond extension move, marking the second downgrade of the company this week.
(RTTNews) - Meta Platforms' (META) CEO Mark Zuckerberg shared details of his new project to "create some of the highest quality beef in the world" through a social media post.
February Nymex natural gas (NGG24 ) on Thursday closed +0.058 (+1.91%). Nat-gas prices on Thursday posted moderate gains after weekly EIA nat-gas supplies fell more than expected. The EIA reported nat-gas inventories fell -140 bcf last week, a larger draw than expectations of -121 bcf. Prices came off their best...
February WTI crude oil (CLG24 ) on Thursday closed up +0.65 (+0.91%), and Feb RBOB gasoline (RBG24 ) closed up +4.70 (+2.27%). Crude oil and gasoline prices Thursday settled moderately higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf...
Although the housing market is often spoken of in aggregate, variations and pricing and market performance can be very localized. For example, according to data from Zillow, the anticipated one-year...
Whether you're planning to relocate with your family or thinking about where to settle for retirement, many people set their sights on moving to Florida. In 2022, the United States Census Bureau...
Shares of JD.com (NASDAQ: JD) tumbled in 2023 as the Chinese e-commerce company continued to report disappointing results and sluggish growth, and China's economic recovery also came up short.
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