China lifts foreign ownership limits on financial firms China lifts foreign ownership limits on financial firms: The Chinese government on Friday said it will raise foreign ownership limits in domestic financial firms, a long-anticipated step that grants greater access to overseas investors into the Asian giant’s financial services market. The […]
USA Business and Regional News
Asia stocks near decade highs on buoyant Wall Street kiwi rallies Asia stocks near decade highs on buoyant Wall Street kiwi rallies: Asia stocks hovered near a decade high on Thursday following another record breaking day on Wall Street, while the New Zealand dollar rallied as hawkish-sounding statements by the […]
America Is Officially The Only Nation On Earth To Reject The Paris Agreement America Is Officially The Only Nation On Earth To Reject The Paris Agreement: War-torn Syria just announced they will sign the Paris Agreement, leaving the United States as the only country on Earth that hasn’t signed the […]
The Paradise Papers Revelations Spring From Leaked Records Of Worlds Wealthy The Paradise Papers Revelations Spring From Leaked Records Of Worlds Wealthy: U.S. Commerce Secretary Wilbur Ross, Britain’s Queen Elizabeth and a key ally to Canadian Prime Minister Justin Trudeau are among the 120 rich and powerful people mentioned in […]
Some NAFTA talks to get early Nov. 15 start in Mexico Some NAFTA talks to get early Nov. 15 start in Mexico: The fifth round of NAFTA negotiations is due to be held between Nov. 17 -21 in Mexico City. However, some groups from the three nations will begin meeting […]
Fox held talks to sell most of company to Disney Fox held talks to sell most of company to Disney: Fox’s shares jumped 9.9 percent to close at $27.45 on Nasdaq, and Disney shares climbed 2.0 percent to $100.64 on the New York Stock Exchange. The discussions reflect a view […]
Kobe Steel executives to decide whether to resign after external probe Kobe Steel executives to decide whether to resign after external probe: The company is also planning to release an internal report on the falsification of product specifications around Friday, said one of the sources, who has been briefed on […]
IMF warns Venezuela over gaps in economic data transparency IMF warns Venezuela over gaps in economic data transparency: The International Monetary Fund issued a warning to Venezuela on Friday for failing to provide the institution with economic data on time and gave it six months to address the lack of […]
Cryptocurrencies market cap hits record $200 billion as bitcoin soars Cryptocurrencies market cap hits record $200 billion as bitcoin soars: The aggregate value of all cryptocurrencies hit a record high of over $200 billion on Wednesday, according to industry website Coinmarketcap, putting their reported market value at more than that […]
Apple firmly on course for $1 trillion valuation Apple firmly on course for $1 trillion valuation: The stock rose as much as 3.7 percent to $174.26, briefly breaching $900 billion in market value, amid declines in the broader market. The gains added nearly $32 billion to the company’s market capitalization. […]