Financial Services

Asian shares fall back as investors show caution over China

Dec 12, 2017

Asian shares fall back as investors show caution over Fed, China

China reports breaking up gang that moved $3 billion abroad

Nov 24, 2017

Chinese police say they have broken up a crime gang that smuggled $3 billion out of the country, evading foreign exchange controls by using bank accounts opened with stolen identity cards

Asia shares drift on Wall St retreat; ECB meeting in focus

Oct 26, 2017

Asian shares drift as Wall Street's retreat from recent record highs, widely awaited European Central Bank meeting give investors reason to pause

China promotes 3 potential central bank leaders

Oct 24, 2017

Three officials seen as candidates to succeed Chinese central bank governor Zhou Xiaochuan have been promoted to the ruling Communist Party's Central Committee, adding to signs Zhou might be headed for retirement after 15 years in the post

End of an era as Hong Kong stock trading floor set to close

Oct 20, 2017

End of an era for Hong Kong's last remaining stock market floor traders as exchange prepares to shut its trading hall, joining other world exchanges in going fully automated

World stocks mixed as momentum fades after Wall St record

Oct 11, 2017

World stocks mixed ahead of the release of the latest Fed meeting minutes, Chinese communist party meeting next week

World Bank raises Asia growth forecast, warns of NKorea risk

Oct 4, 2017

World Bank raises growth for developing economies of East Asia and the Pacific but warns risks to outlook include rising protectionism, geopolitical tensions over North Korea

Troubled Toshiba, Bain finalize sale of memory-chip business

Sep 28, 2017

Toshiba and a consortium led by Bain Capital Private Equity have signed a deal for the sale of the Japanese electronics company's computer memory chip business, a move long opposed by Toshiba's U.S. joint venture partner Western Digital

Graft accusations made against Chinese insurance regulator

Sep 25, 2017

China's top anti-corruption body says the country's former insurance regulator has been turned over to prosecutors to face criminal charges accusing him of bribery and other offenses

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

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