
Tencent, TSMC Shares Shunned by $3.2 Billion Fund on Valuations
A $3.2 billion fund focused on Asian equities is avoiding the region’s two biggest stocks, saying their valuations
1970-01-01 08:00

Bain Is Said to Near $494 Million Payout from Virgin Australia
Virgin Australia Airlines Pty Ltd. is close to paying A$730 million ($494 million) to its private equity owner
1970-01-01 08:00

Rape Claims Shake UK Political Titan in Warning to All Business
The Confederation of British Industry was quick to add its support as the MeToo movement forced businesses across
1970-01-01 08:00

China’s AI Frenzy Spurs 200% Rally for Obscure Book Publisher
China’s craze for artificial-intelligence companies is supercharging the shares of some of the nation’s little-known publishers. China Publishing
1970-01-01 08:00

China State-Linked Stock Rally Sputters Further on Profit Taking
A scorching stock rally in China’s state-linked companies lost further momentum Wednesday, as investors cashed in on the
1970-01-01 08:00

Adnoc to Sell 15% Stake in Logistics Unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15% stake in its logistics and shipping unit in an
1970-01-01 08:00

Alibaba, JD.com Earnings Will Likely Give Stocks Little Help
Hopes for a much-needed boost in Chinese tech shares from earnings is likely to fizzle as signs grow
1970-01-01 08:00

Junk Bond Funds in Korea May Have Just Gotten a $2 Billion Boost
South Korea has come up with a novel way of ensuring that weaker companies get cash during economic
1970-01-01 08:00

Occidental Buys Back 6.5% of Warren Buffett’s Preferred Stock
Occidental Petroleum Corp. redeemed $647 million, or about 6.5%, of Berkshire Hathaway Inc.’s preferred stock as the oil
1970-01-01 08:00

Novavax to Cut a Quarter of Global Workforce as Covid Eases
Novavax Inc. shares gained the most in two years after the Covid-19 vaccine maker announced a restructuring plan
1970-01-01 08:00

PacWest Resumes Slide as Battered Regional Bank Stocks Fall
PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank
1970-01-01 08:00

Tempur Sealy to Buy Mattress Firm for About $4 Billion
Tempur Sealy International Inc. agreed to buy Mattress Firm from Steinhoff International Holdings NV in a cash-and-stock deal
1970-01-01 08:00