Tag: China

HSBC pulling back from China credit card business after struggling to expand: sources

HSBC pulling back from China credit card business after struggling to expand: sources

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled …

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China’s Trustar raises US billion for vehicle that holds McDonald’s China stake: sources

China’s Trustar raises US$1 billion for vehicle that holds McDonald’s China stake: sources

TRUSTAR Capital has raised US$1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake …

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Europe: Shares log third week of declines on China, tariff jitters

Europe: Shares log third week of declines on China, tariff jitters

EUROPE’S benchmark Stoxx 600 logged its third consecutive week of declines on Friday (Nov 8), hurt by underwhelming stimulus measures …

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Oil settles down 2% on receding hurricane risk, lacklustre China stimulus

Oil settles down 2% on receding hurricane risk, lacklustre China stimulus

OIL prices settled more than 2 per cent lower on Friday (Nov 8) as traders grew less fearful of prolonged …

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P&G misses quarterly sales estimates on weakening demand in US, China

P&G misses quarterly sales estimates on weakening demand in US, China

PROCTER & Gamble missed Wall Street expectations for first-quarter sales on Friday (Oct 18), as consumers in its major markets, …

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Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers

Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers

Hong Kong has recorded its busiest week for new (initial public offering) IPO launches in almost two years with deals …

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Sinopharm’s China TCM buyout bid lapses without regulatory nods

Sinopharm’s China TCM buyout bid lapses without regulatory nods

CHINA National Pharmaceutical Group’s latest attempt to take China Traditional Chinese Medicine (TCM) Holdings private has fallen through as it …

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US dollar falls as risk appetite rises after China; but set for 3rd weekly gain

US dollar falls as risk appetite rises after China; but set for 3rd weekly gain

THE US dollar fell on Friday (Oct 18), taking a breather after five straight days of gains, as risk appetite …

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LinkedIn Lays off More Than 700 Employees and Shuts Down InCareer App in China

LinkedIn Lays off More Than 700 Employees and Shuts Down InCareer App in China

Microsoft-owned LinkedIn has laid off 716 employees, as the company makes changes to its Global Business Organisation (GBO), along with …

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