Financial Services

Toshiba board decides on chip sale to Bain Capital group

Sep 20, 2017

Toshiba says its board has signed off on selling its computer chip business to a group led by Bain Capital Private Equity, but the deal's future remains unclear as Toshiba's U.S. joint venture partner Western Digital opposes it

Asian shares mixed as Nikkei rises on yen, muted elsewhere

Sep 19, 2017

Asian shares are mixed as investors await comments from the U.S. Federal Reserve

Asian markets rise ahead of Trump speech, Fed meeting

Sep 18, 2017

Asian stock markets have risen ahead of this week's U.S. Federal Reserve policy meeting and President Donald Trump's speech at the United Nations

World stocks fall on NKorea launch, central banks outlook

Sep 15, 2017

World stocks mixed as investors brush off North Korea launch, turn focus to next Fed meeting

Chinese bitcoin exchange announces it is ending trading

Sep 15, 2017

One of China's biggest bitcoin exchanges says it will stop trading following reports regulators have ordered all Chinese exchanges for the digital currency to close

Toshiba agreement on sale to Bain-led consortium protested

Sep 13, 2017

Toshiba says it has agreed with Bain Capital Private Equity on the sale of its computer memory business, but a joint venture partner is protesting

Founder of online Chinese lender sentenced to life for fraud

Sep 13, 2017

The founder of a Chinese online lending company was sentenced to life in prison after his company defrauded depositors of $7.7 billion in one of China's biggest financial scams

More students attend 2nd year of Schwarzman China program

Sep 8, 2017

A study program at an elite Chinese university that was inspired by the Rhodes Scholarship is entering its second year with an endowment of more than $500 million and more participants

Asian shares mixed ahead of Korean drills, banker meeting

Aug 21, 2017

Asian stocks are mixed as investors monitored joint military drills between U.S. and South Korean forces and awaited a key meeting of central bankers later this week

Global stocks slip as investors digest central bank reports

Aug 17, 2017

Global stock markets mostly lower as investors digest accounts of US and eurozone central banks' meetings

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