economy

Turnover surges as funds rush to exit private equity stakes

Private equity holdings are being sold at a record clip in an opaque secondary market, investors say, as asset managers…

3 years ago

Foxconn fine for unauthorised China investment likely to be imposed soon – source

Foxconn, the world's largest contract electronics maker, is likely to be fined soon by Taiwan's government for an unauthorised investment…

3 years ago

Morning Bid: No Messi magic for markets

Soccer fans enjoyed an extraordinary final of the World Cup on Sunday as high emotion and intense drama gave way to Lionel…

3 years ago

Germany’s half-a-trillion dollar energy bazooka may not be enough

Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war…

3 years ago

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources…

3 years ago

U.S. finalizes $2.5 billion loan to GM, LG battery joint venture

The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of…

3 years ago

Exclusive: Air India nears historic order for up to 500 jets

Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars…

3 years ago

Taiwan seeks to reassure on TSMC commitment to island despite U.S. investment

Taiwan's economy minister said on Wednesday that the island remains chipmaker TSMC's most important production base after the company announced…

3 years ago

China’s trade suffers worst slump in 2-1/2 yrs as COVID woes, feeble demand take toll

China's exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and…

3 years ago

Analysis: Investors face dilemma as capital increases fill IPO void

Investors in European companies are being asked to plough money into a series of capital hikes as cash-hungry companies, including…

3 years ago