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Latest News on private equity markets

Asian shares catch Wall Street's Fed cheer; dollar remains weak

Asian shares tracked the Wall Street rally on Wednesday after U.S. central bank comments pointed to the increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower.



3 years ago

Apple forces developers to place its login button above Google, Facebook

Apple Inc will require developers to position a new "Sign on with Apple" button in iPhone and iPad apps above rival buttons from Alphabet Inc's Google and Facebook Inc, according to developer guidelines released this week.



3 years ago

Samsung Electronics says to cut production volume at China mobile phone plant

Samsung Electronics Co Ltd said on Wednesday it has decided to cut the volume of mobile phone production at its plant in the Chinese city of Huizhou due to the impact of intensifying competition in the country.



3 years ago

SEC sues Kik for US$100M for ‘illegal’ securities offering of digital tokens

CBC News | Armina Ligaya | June 4, 2019 Suit over digital "Kin" token sold by Kik The U.S. Securities and Exchange Commission has sued Ontario-based Kik Interactive Inc. for conducting an "illegal" US$100 million securities offering of digital tokens. The securities regulator said in a complaint filed Tuesday that the Kitchener-based company sold the tokens to U.S.

3 years ago

Asian stocks bounce on Wall Street's Fed cheer; dollar stays weak

Asian shares tracked Wall Street's rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower.



3 years ago

Apple asks developers to place its login button above Google, Facebook

Apple Inc will ask developers to position a new "Sign on with Apple" button in iPhone and iPad apps above rival buttons from Alphabet Inc's Google and Facebook Inc, according to design guidelines released this week.



3 years ago

Mexican officials to meet Pence in last-ditch talks to avert tariffs

Mexican officials will seek to persuade the White House in talks hosted by U.S. Vice President Mike Pence on Wednesday that their government has done enough to stem immigration and avoid looming tariffs.



3 years ago

Fed cheer lifts Asian shares, leaves dollar on back foot

Asian shares advanced on Wednesday after comments from Federal Reserve officials suggested a U.S. rate cut this year was on the cards, boosting investor sentiment and pushing the dollar lower.



3 years ago

TSMC expects short-term impact from U.S. ban on China's Huawei

Washington's move to ban U.S. companies from doing business with China's Huawei Technologies will have a short-term impact on Taiwan's TSMC, its chairman said on Wednesday, although he was upbeat on the outlook for this year.



3 years ago

Samsung Electronics to cut China phone output as market share sinks

South Korea's Samsung Electronics Co Ltd said on Wednesday it plans to cut production at a smartphone plant in China, as competition from domestic rivals squeezes its share of the world's biggest smartphone market to less than a paltry 1%.



3 years ago

BMW and Jaguar Land Rover to jointly develop electric car components

BMW on Wednesday said it will develop its next-generation electric motors, transmission and power electronics with Jaguar Land Rover, unveiling yet another industry alliance designed to lower the costs of developing electric cars.



3 years ago

Volkswagen to invest up to 4 billion euros in digital transformation

Volkswagen will invest up to 4 billion euros over the years to 2023 to digitalize its administration and production, the German carmaker said on Wednesday, adding that up to 4,000 jobs in non-production units could be cut.



3 years ago

SEC adopts rule to protect ordinary investors, but critics say it's too lax

The Securities and Exchange Commission has approved a rule requiring brokers to act in the best interest of clients when recommending investments.

3 years ago

No need to rush Renault-Fiat merger talks: French finance minister

French Finance Minister Bruno Le Maire said there was no need to rush regarding the $35 billion merger talks between carmakers Renault and Fiat Chrysler, while reiterating that he nevertheless wanted the deal to go ahead.



3 years ago

The gender wage gap widens among educated workers

The wage gap is actually worse for women with more education.

3 years ago