Latest News on private equity markets

Cathay Pacific shares in choppy trade after shock exit of CEO Hogg

Cathay Pacific shares were choppy in opening trade on Monday after the shock exit of CEO Rupert Hogg, as the airline grapples with mounting Chinese scrutiny over the involvement of some of its staff in anti-government protests in Hong Kong.



7 hours ago

Asia stocks advance as China's rates tweak improves investor mood

Asian stocks rode a Wall Street rally on Monday and were also cheered by a decision from China's central bank to alter the way it sets a key interest rate benchmark, a move seen by analysts as reducing borrowing costs for companies.



7 hours ago

U.S. whiskey exporters struggle after year of EU tariffs

When Europe's tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European distributor simply stopped buying its award-winning Dad's Hat Pennsylvania Rye Whiskey.



1 day ago

How to get the most from this tax-free source of retirement income

Managed properly, cash value life insurance can complement your retirement planning strategy. But beware: You'll need to work closely with your advisor to avoid a tax trap.

1 day ago

Here's how I kicked my post-college kid out of the house — and you can, too

Instill financial responsibility in your young adult children by requiring them to move out and handle their bills on their own as soon as possible after college graduation. I kicked my kid out of my house — and you can, too.

1 day ago

White House says 'no recession in sight' despite market turmoil

White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.



1 day ago

Novartis executive sold shares before drug data manipulation made public

An unnamed Novartis executive sold 925,400 Swiss francs ($946,000) worth of shares less than three weeks before the U.S. Food and Drug Administration (FDA) announced data from tests of its gene therapy Zolgensma had been manipulated.



1 day ago

White House says no recession in sight, pushes China trade talks

White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.



1 day ago

JPMorgan to brief clients on volatility in equity markets

JPMorgan Chase & Co plans to host a conference call for clients on Tuesday to address recent market moves, after last week's inversion of the U.S. Treasury yield curve and a sharp sell-off on global stock markets.



1 day ago

U.S. President Trump does not want to do business with China's Huawei

U.S. President Donald Trump on Sunday said he did not want the United States to do business with China's Huawei even as the administration weighs whether to extend a grace period for the company.



1 day ago

Apple CEO warns Trump about China tariffs, Samsung competition

U.S. President Donald Trump said on Sunday that he has spoken with Apple Inc's Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd .



1 day ago

Trump 'not ready' for China trade deal, dismisses recession fears

U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.



1 day ago

Japan exports slide for eight month on weak global demand

Japan's exports slipped for an eight month in July, while manufacturers' confidence turned negative for the first time in over six years as slowing global growth and the prolonged Sino-U.S trade war took a toll on the world's third-biggest economy.



1 day ago

Oil rises after Saudi oilfield attack, but recession worries cap gains

Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists, although price gains were capped by an unusually downbeat OPEC report that stoked concerns about demand growth.



1 day ago

Asia stocks rise as stimulus, policy hopes calm nervous investors

Asian stocks rose on Monday as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China soothed investors' fears of a sharp global economic slump.



1 day ago