Southeast Asia's mobile payments face shakeout as market booms
Just next to Ho Chi Minh City's financial district, two dozen street vendors' stalls display colorful adverts for e-wallets backed by private equity firm Warburg Pincus,...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Mexican billionaire Slim vows to invest in Mexico, touting economic prospects
Mexican billionaire Carlos Slim said on Wednesday that he expects to invest up to $5 billion in Mexican infrastructure during the current administration as he delivered...
IBM revenue misses on weakness in its biggest unit; shares fall 5%
International Business Machines Corp missed Wall Street estimates for quarterly revenue on Wednesday, as its global technology services unit was hit by weakness in some European...
Drug firms offer to settle U.S. opioid suits with $50 billion package - sources
Five drugmakers and distributors are offering $22 billion in cash as well as drugs and services they value at $28 billion to resolve lawsuits alleging the...
Global shares lose steam on weak U.S. retail sales, Brexit in focus
Global stocks barely moved on Thursday as soft U.S. retail sales data raised concerns about the health of the world's largest economy and risk of global...
Exclusive: WeWork owner creates committee to decide on financing lifeline - sources
WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group...
South Korea's top court upholds suspension of Asiana Airlines' San Francisco route for 45 days
South Korea's Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines' Incheon- San Francisco route for 45 days.
Citigroup names Peter Babej as Asia Pacific chief executive: memo
Citigroup Inc has named Peter Babej, the U.S. bank's global head of financial institutions group, as its new Asia Pacific chief executive officer, according to an...
Boston pension votes to fire money manager Fisher, withdrawals surge toward $1 billion
The City of Boston's retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1 billion...
Oil prices fall on signs of large U.S. stock build
Oil prices eased on Thursday after industry data showed a larger-than-expected build-up in stocks in the United States, although losses were limited by comments by U.S....
Barneys enters deal to sell assets to Authentic Brands, B. Riley for $271 million cash
U.S. luxury department-store chain Barneys New York Inc has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank B....
South Korean court upholds 45-day ban on Asiana's San Francisco flights
South Korea's Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines' Incheon-San Francisco route for 45 days, adding to the debt-ridden carrier's headaches...
Asian shares pause after five-day rally, Brexit in focus
Asian stocks barely moved on Thursday as soft U.S. retail sales data raised fears about the health of the world's largest economy, sucking the steam out...
Wall Street's top hedge fund managers reveal their best ideas
A slew of Wall Street's top hedge fund managers shared their best ideas on Wednesday at the annual Sohn San Francisco Investment Conference.
Borrowing to squash your credit card debt? This move could help you save
Planning on taking out a personal loan? You can trim your interest costs by doing a little bit of legwork before you sign up. What you...