Malaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organize for a state fund, the Bernama state news agency reported.
Antarctica Flights operates 12-hour sightseeing tours over the continent that take off and land on the same day. Passengers say its a cheaper, easier and warmer way to tour expanses of the polar region.
India has banned 118 Chinese apps amid rising tensions with China. The crackdown on Chinese technology firms presents an opportunity for Silicon Valley giants in what they see as a crucial market for future growth.
Financial firms in Hong Kong are scrambling to fortify their compliance operations following U.S. sanctions and China's new national security law, even as the sector pushes to cut costs amid the coronavirus pandemic.
President Donald Trump's administration is looking into banning more Chinese apps that could pose a national security threat, White House chief of staff Mark Meadows said late Thursday.
China's authorities aim to dispose 3.4 trillion yuan ($497 billion) worth of bad loans from the banking sector this year — only one-third of that have been written off, said Fitch.
ANZ CEO Shayne Elliott told a parliamentary hearing the bank still did not know the true impact of the virus on the bank's roughly A$246 billion ($179 billion) mortgage book since customers could pause repayments if they could not make them.
Less than six months ago, it appeared Chinese telecom giant Huawei was winning over America's European allies. Now, countries that decided to allow Huawei to build their 5G networks are waking up to the dangers posed by allowing Chinese state-directed companies into their infrastructure.
The company had flagged it would sell 41.91 million shares in the deal and the price is a 4.8% discount to the stock's Thursday closing price of $55.92 in the U.S.
The forthcoming trading sessions will show whether investors are basing their plays on liquidity or fundamentals, Allianz Chief Economic Advisor Mohamed El-Erian said.
Bryn Talkington of Requisite Capital Management and Karen Firestone of Aureus Asset Management say the high flyers in the Nasdaq were due for a retracement.
Twitter on Thursday slapped warning labels on several of President Donald Trump's posts, suggesting the messages violated a policy against advocating illegal election activity.