Latest News on private equity markets

Fugitive financier Jho Low denies being 'mastermind' behind 1MDB

Fugitive financier Jho Low denies being 'mastermind' behind 1MDB

Fugitive Malaysian financier Low Taek Jho has said he only acted as an intermediary for deals involving 1MDB, denying in an interview published on Monday that he had set the stage for the theft of billions of dollars from the Malaysian state fund.



6 years ago
Japan in principle could press Lebanon to extradite ex-Nissan boss Ghosn: Japan minister

Japan in principle could press Lebanon to extradite ex-Nissan boss Ghosn: Japan minister

Japan on Monday said it could still press Lebanon to extradite Carlos Ghosn, after the former Nissan Motor boss skipped bail to become a fugitive in a country that normally does not extradite its nationals.



6 years ago
South Korean restaurant owners voice concerns over $4 billion Delivery Hero deal

South Korean restaurant owners voice concerns over $4 billion Delivery Hero deal

South Korean restaurant owners expressed concern on Monday over food delivery giant Delivery Hero's proposed $4 billion acquisition of its local rival, saying the move could undermine competition and lead to higher fees.



6 years ago
You can buy steady retirement income. Experts are divided on whether it's a good idea

You can buy steady retirement income. Experts are divided on whether it's a good idea

Some are turning to annuities as retirement income in case pensions, savings and Social Security fall short. Here's why their use is still hotly debated in the financial industry.

6 years ago
Chinese delegation plans to travel to Washington to sign trade deal: SCMP

Chinese delegation plans to travel to Washington to sign trade deal: SCMP

A Chinese trade delegation is planning to travel to Washington on Jan. 13 for the signing of the U.S.-China Phase 1 trade deal, the South China Morning Post reported on Sunday citing a source briefed on the matter.



6 years ago
Here's how changes to required minimum withdrawals may affect your retirement account

Here's how changes to required minimum withdrawals may affect your retirement account

The age for beginning required minimum distributions from retirement accounts rose under the Secure Act, and the IRS has proposed updated life expectancy tables that would lower those yearly amounts.

6 years ago
Gulf markets plunge on U.S.-Iran tensions, Aramco at lowest since IPO

Gulf markets plunge on U.S.-Iran tensions, Aramco at lowest since IPO

Kuwaiti and Saudi stocks led Gulf stocks sharply lower in late afternoon trade on Sunday in the wake of a U.S. drone strike in Baghdad that killed Iran's military commander.



6 years ago
Daimler, Volvo mull combustion engine cooperation: report

Daimler, Volvo mull combustion engine cooperation: report

Luxury German carmaker Daimler and Volvo Cars, owned by China's Geely, are considering cooperating to cut the costs of developing combustion engines, a magazine reported on Sunday, citing unnamed company sources.



6 years ago
Oil extends gains on rising Mideast tensions

Oil extends gains on rising Mideast tensions

Oil prices added to recent gains on Monday, with Brent nearly at $70 a barrel as escalating tensions in the Middle East fanned worries about disruptions to supplies.



6 years ago
Boeing, FAA reviewing wiring issue on grounded 737 MAX

Boeing, FAA reviewing wiring issue on grounded 737 MAX

Boeing Co and the Federal Aviation Administration (FAA) confirmed on Sunday they are reviewing a wiring issue that could potentially cause a short circuit on the grounded 737 MAX.



6 years ago
Saudi Aramco shares hit lowest since IPO, down 1.7%

Saudi Aramco shares hit lowest since IPO, down 1.7%

Shares of Saudi Aramco were down 1.7% in late afternoon trade on Sunday, hitting 34.55 riyals ($9.21) per share, its lowest level since it started trading last month after a record initial public offering (IPO).



6 years ago
Gulf markets plunge on U.S.-Iran tensions, Aramco hits lowest since IPO

Gulf markets plunge on U.S.-Iran tensions, Aramco hits lowest since IPO

Gulf stocks fell sharply in late afternoon trade on Sunday, with Kuwaiti and Saudi stocks leading losses.



6 years ago
Japan orders tighter immigration procedures after Ghosn flees country

Japan orders tighter immigration procedures after Ghosn flees country

Japan ordered stricter immigration procedures on Sunday in response to the daring escape of ousted Nissan Motor Co boss Carlos Ghosn, the first official response to an episode that has rocked the nation's legal system.



6 years ago
Oil surges again after Trump threatens Iraq sanctions, Iran retaliation

Oil surges again after Trump threatens Iraq sanctions, Iran retaliation

Oil prices shot more than 2% higher on Monday, with Brent rising above $70 a barrel, after U.S. President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.



6 years ago
Gold, oil jump in Asia as U.S. and Iran trade threats

Gold, oil jump in Asia as U.S. and Iran trade threats

Asian share markets ran into turbulence on Monday as a flare-up of tensions in the Middle East sent gold to its highest in almost seven years while oil flirted with four-month peaks.



6 years ago