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Asia relieved at latest trade truce, China data disappoints

9 mins ago NAMEX Comments Off on Asia relieved at latest trade truce, China data disappoints
SYDNEY (Reuters) – Asian share markets firmed on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetite, though investors were wary of the damage already done to the global economy. FILE PHOTO: A woman points to an electronic board showing stock prices as she poses in front of the board after Read More

GLOBAL MARKETS-Asia relieved at latest trade truce, China data disappoints

1 hour ago NAMEX Comments Off on GLOBAL MARKETS-Asia relieved at latest trade truce, China data disappoints
SYDNEY (Reuters) – Asian share markets firmed on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetite, though investors were wary of the damage already done to the global economy. FILE PHOTO: A woman points to an electronic board showing stock prices as she poses in front of the board after Read More

SoftBank seeks control of WeWork through financing package: source

2 hours ago NAMEX Comments Off on SoftBank seeks control of WeWork through financing package: source
(Reuters) – SoftBank Group Corp. (9984.T) has prepared a financing package for WeWork Companies Inc that would give it control over the shared office space company, a person familiar with the matter said. FILE PHOTO: A man walks into a WeWork space in the Manhattan borough of New York City, New York, U.S., October 4, Read More

SoftBank seeks control of WeWork through financing package: WSJ

6 hours ago NAMEX Comments Off on SoftBank seeks control of WeWork through financing package: WSJ
FILE PHOTO: A man walks into a WeWork space in the Manhattan borough of New York City, New York, U.S., October 4, 2019. REUTERS/Carlo Allegri/File Photo (Reuters) – SoftBank Group Corp. (9984.T) has prepared a financing package for WeWork Companies Inc that would give it control over the shared office space company, the Wall Street Read More

UPDATE 1-Banks turn more optimistic on Brexit deal as mood music improves

3 days ago NAMEX Comments Off on UPDATE 1-Banks turn more optimistic on Brexit deal as mood music improves
LONDON (Reuters) – Major investment banks said on Friday they had become more optimistic on the prospects for a Brexit deal, following an upbeat meeting between the British and Irish leaders that buoyed the pound. Britain’s Brexit Secretary Stephen Barclay poses with European Union’s chief Brexit negotiator Michel Barnier ahead of a meeting at the Read More

UPDATE 2-U.S. Fed eases post-crisis rules for domestic, foreign banks

3 days ago NAMEX Comments Off on UPDATE 2-U.S. Fed eases post-crisis rules for domestic, foreign banks
WASHINGTON (Reuters) – The U.S. Federal Reserve on Thursday unveiled a final package of rules easing capital and liquidity requirements for domestic U.S. and foreign banks that were originally introduced following the 2007-2009 global financial crisis. FILE PHOTO: A man rides a bike in front of the Federal Reserve Board building on Constitution Avenue in Read More

JPMorgan targets Asia’s growing wealth with Singapore trust company

4 days ago NAMEX Comments Off on JPMorgan targets Asia’s growing wealth with Singapore trust company
SINGAPORE (Reuters) – JPMorgan Chase & Co. (JPM.N) has set up a trust company in Singapore, its first in Asia, to cater for a growing cadre of ultra-wealthy individuals in the region. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. Read More

JPMorgan targets Asia’s growing wealth with Singapore trust company

4 days ago NAMEX Comments Off on JPMorgan targets Asia’s growing wealth with Singapore trust company
SINGAPORE (Reuters) – JPMorgan Chase & Co. (JPM.N) has set up a trust company in Singapore, its first in Asia, to cater for a growing cadre of ultra-wealthy individuals in the region. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. Read More

Goldman evaluating role in China’s Megvii IPO after U.S. blacklist

5 days ago NAMEX Comments Off on Goldman evaluating role in China’s Megvii IPO after U.S. blacklist
NEW YORK/HONG KONG (Reuters) – Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd’s planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist. FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on Read More

Goldman evaluating role in Megvii IPO after AI firm put on U.S. blacklist

5 days ago NAMEX Comments Off on Goldman evaluating role in Megvii IPO after AI firm put on U.S. blacklist
NEW YORK/HONG KONG (Reuters) – Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd’s planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist. FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on Read More