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Latest News on private equity markets

Charles Schwab to close Singapore office

Discount brokerage company Charles Schwab Corp said on Thursday it will close its Singapore office, less than two years after opening it. "Charles Schwab Singapore will cease to provide services and will close its office in Singapore. We will no longer open new accounts for prospective clients," it said in a statement.



5 years ago

GM CEO Barra to meet with Trump Thursday: White House

General Motors Chief Executive Mary Barra will meet with U.S. President Donald Trump and White House officials on Thursday -- just days after GM came under attack from Trump, the White House confirmed late Wednesday.



5 years ago

Malaysia defends move to extend licence for rare earth firm Lynas

Malaysia's government said on Wednesday its decision last month to extend a licence for Australia's Lynas Corp for processing rare earth minerals aimed to show investors that the Southeast Asian nation was open for business and preserve 600 jobs.



5 years ago

Confirmation of U.S.-China trade talks buoys shares, investor spirits

Asian shares extended gains on Thursday and U.S. stock futures jumped after China said it will hold trade talks with the United States in early October, raising hopes they can de-escalate their trade war before it inflicts further damage on the global economy.



5 years ago

Former Nissan boss Ghosn's trial to begin as early as March - Kyodo

The trial of Carlos Ghosn, the former head of Nissan Motor Co who has been charged with financial misconduct in Japan, will begin as early as March, Kyodo News said on Thursday, citing his defense lawyer.



5 years ago

How to save a million dollars on a $50,000 salary, broken down by your age

The thought of retiring with $1 million when you're making $50,000 a year can seem daunting, but you can get there with time. Taking your age into consideration, here's what portion of your income you need to stash away to reach that mark.

5 years ago

Oil prices recover some ground, but economic concerns weigh

Oil prices recovered some ground on Wednesday after touching their lowest in close to a month during the previous session on concerns that a weakening global economy could depress demand.



5 years ago

Asia stocks track Chinese gains, pound finds a floor

Stocks followed a firmer Chinese lead on Wednesday after a report showed growth in the country's service sector accelerating despite broader economic headwinds, while the pound halted its decline on hopes a no-deal Brexit may yet be averted.



5 years ago

Malaysia pursuing civil action to recover nearly $1 billion from former 1MDB unit

Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday.



5 years ago

Oil prices nudge higher, but economic worries loom

Oil prices recovered some ground on Wednesday, boosted by a wider market pickup on positive news from China's services sector, having touched their lowest in close to a month during the previous session on fears over the weakening global economy.



5 years ago

Cathay Pacific says Chairman John Slosar resigns

Hong Kong's Cathay Pacific Airways said on Wednesday that its Chairman John Slosar had resigned from the board and will be replaced by Patrick Healy, a long-time executive at the airline's top shareholder Swire Pacific Ltd .



5 years ago

Easing political worries in Europe lift shares, pound jumps

Easing worries over political risk in Britain and Italy helped stocks rise on Wednesday with the pound bouncing from three-year lows after a parliamentary vote raised the prospect of another delay to Brexit.



5 years ago

Malaysia aims to recover nearly $1 billion paid out by former 1MDB unit

Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday.



5 years ago

Oil prices nudge up, but economic worries loom

Oil prices recovered some ground on Wednesday, boosted by a wider market pickup on positive news from China's services sector, after three days of losses on fears about a weakening global economy.



5 years ago

Cathay Pacific Chairman Slosar resigns, to be replaced by Swire executive

Hong Kong's Cathay Pacific Airways said on Wednesday that its Chairman John Slosar had resigned from the board and will be replaced by Patrick Healy, a long-time executive at the airline's top shareholder Swire Pacific Ltd .



5 years ago