Seeking shelter from trade war, fund managers bet on China's consumers
China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks...
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.
Credit Suisse, UBS have boosted capital positions: SNB
Switzerland's biggest banks, UBS and Credit Suisse, have improved their capital positions but must strengthen their crisis planning, the Swiss National Bank said on Thursday, citing...
KKR to sell Korea-based KCFT to SK Group affiliate for $1 billion
U.S. private equity investor KKR & Co Inc said on Wednesday it is selling Korea-based KCF Technologies (KCFT) to SKC, an affiliate of South Korean conglomerate...
China's Vice Premier Liu calls for more measures to support economy
Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing...
India's Reliance Capital calls auditor's observations 'baseless and unjustified'
Reliance Capital Ltd said on Thursday the observations of PricewaterhouseCoopers (PwC) about its fiscal accounts were "completely baseless and unjustified", a day after the auditor withdrew...
Hong Kong leads Asian stocks lower, oil near five-month lows
Asian shares were led lower on Thursday as the Hong Kong market fell for second consecutive session following a day of massive street protests, while oil...
Asian stocks subdued, oil near five-month low on U.S. inventory build
Asian stocks stuttered on Thursday, dogged by the uncertainty over an intractable U.S.-China trade dispute, while oil prices flirted with five-month lows thanks to higher U.S....
U.S. denies Tesla tariff relief request for Chinese-made Model 3 'brain'
The Trump administration has denied requests to exempt Tesla Inc's Model 3 from 25% tariffs on its Chinese-made car computer and center screen, according to letters...
SmartHalo crowdfunds an additional $1 million for smart biking device
Betakit Isabelle Kirkwood June 13, 2019 Montreal-based SmartHalo, a smart biking device developer, has successfully crowdfunded $1 million for the second generation of its product on...
PetSmart's Chewy gets Wall Street tails wagging with $1 billion IPO
Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing...
Nissan CEO: Will discuss differences in views with 'important' partner Renault - Jiji
Nissan Motor's chief executive said on Thursday he would discuss differences in views over the automaker's plan to reform its governance directly with Renault, calling the...
'Bond King' Jeffrey Gundlach bets on gold, sees rising recession chances, dollar decline
Jeffrey Gundlach expects the dollar to finish the year lower.
Cityzenith on Republic
"Cityzenith’s revolutionary 3D Digital Twin platform, Smart World Pro, is pioneering the development and implementation of Digital Twins in Smart Cities around the world in the...
Oil surges on Gulf tanker attacks, Treasury yields fall
Oil futures jumped on Thursday after suspected attacks on two tankers off the coast of Iran, while U.S. Treasury yields edged lower as economic data seemed...
U.S. weekly jobless claims rise; imported inflation subdued
The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after...