Analysis-Chinese investors rush to offshore funds to offset domestic risks
(Reuters) -Disillusioned with a weak stock market at home, geopolitical risks and a falling currency, Chinese investors are pouring money…
Country Garden seeks to add 40-day grace period to onshore bond repayment
(Reuters) – China’s largest private property developer Country Garden Holdings is seeking to add a 40-day grace period for the…
3M agrees to pay $6 billion to settle lawsuits over US military earplugs
(Reuters) – 3M on Monday agreed to pay $6.01 billion to settle nearly 260,000 lawsuits by current and former U.S.…
UBS, Swiss finance blog settle Credit Suisse legacy lawsuit
(Reuters) – UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by…
Exclusive-Catalent to explore options after Elliot deal-sources
(Reuters) – Catalent Inc is close to reaching a settlement with activist investor Elliott Investment Management which will include new…
Toyota’s Japan production at standstill as system failure hits assembly plants
(Reuters) – Toyota Motor Corp on Tuesday said it has suspended operations at all 14 of its assembly plants in…
Australia stocks higher at close of trade; S&P/ASX 200 up 0.71%
Australia stocks were higher after the close on Tuesday, as gains in the Gold, Metals & Mining and Materials sectors…
Japan stocks higher at close of trade; Nikkei 225 up 0.10%
Japan stocks were higher after the close on Tuesday, as gains in the Machinery, Precision Instruments and Shipbuilding sectors led…
Italy set to take over Telecom Italia’s submarine cable unit -draft
(Reuters) – Italy’s Treasury can take full ownership of Telecom Italia (BIT:TLIT)’s (TIM) submarine cable unit Sparkle as part of…
European stocks higher; U.K. index leads as German consumer confidence slips
European stock markets traded higher Tuesday, with the U.K. leading the way after returning from holiday, even after German consumer…