With lavish treatment of Macron, China’s Xi woos France to “counter” U.S.

[ad_1] GUANGZHOU/HONG KONG, April 7 (Reuters) – China’s Xi Jinping has given French President Emmanuel Macron an unusually lavish welcome on a state visit, which some analysts see as a…

US STOCKS U.S. stocks close mixed as Dow notches fifth straight record high

[ad_1] March 12 (Reuters) – The blue-chip Dow powered to its fifth consecutive record high on Friday and the S&P 500 closed slightly higher as investors bought shares that should…

Exclusive: China plans $500 million subsea internet cable to rival US-backed project

[ad_1] SINGAPORE, April 6 (Reuters) – Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to…

UBS CEO tells Credit Suisse staff to stay focused on clients and the business

[ad_1] ZURICH, April 6 (Reuters) – UBS (UBSG.S) Chief Executive Sergio Ermotti has told Credit Suisse (CSGN.S) staff it is “critical” to remain focused on clients and keeping the business…

Stocks meander as US jobs dry up, kiwi jumps on RBNZ surprise

[ad_1] Wall Street snaps winning streak as data turns weak Bonds surge and futures price in more Fed cuts this year RBNZ hikes 50bps against expectations for 25; kiwi up…

Asian stock markets jittery as China woes sap confidence

[ad_1] HONG KONG, Sept 24 (Reuters) – Asian shares were on edge on Friday hurt by persistent uncertainty around the fate of debt-ridden China Evergrande, even as more risk appetite…

Facebook, telcos to extend subsea cable to four countries

[ad_1] JOHANNESBURG, Aug 16 (Reuters) – Facebook and a team of African and global telecoms companies will add four more countries to its world’s largest subsea cable project, widening the…

Hong Kong leader orders probe of 13 officials who went to COVID-hit party

[ad_1] HONG KONG, Jan 8 (Reuters) – Hong Kong leader Carrie Lam has ordered an inquiry into the behaviour of 13 senior government officials who attended the birthday bash of…

China’s JD.com to spin off industrial, property units in Hong Kong float

[ad_1] March 30 (Reuters) – E-commerce firm JD.com Inc (9618.HK) said on Thursday it planned to spin off its property and industrial units and list them on the Hong Kong…

Alibaba’s breakup lifts hopes China’s regulatory winter is thawing

[ad_1] March 29 (Reuters) – Investors cheered a major revamp of Alibaba Group (9988.HK) as a sign Beijing’s crackdown on the corporate sector was nearing an end, sending shares of…