Ant Group delivers timely boost to Hong Kong listing market - Reuters
HONG KONG (Reuters) - Ant Group’s planned sale of up to $30 billion worth of shares is set to revive fortunes for Hong Kong Exchanges and Clearing Ltd (HKEX) which fell to fifth rank as a destination for initial public offerings (IPOs) in the first half of 2020.
'All girls, buy it!' In China, Perfect Diary gives cosmetics world a makeover with live streams, low prices - Reuters
BEIJING/HONG KONG (Reuters) - With chat groups, video streams and low prices for foundation, China’s Perfect Diary has emerged from nowhere four years ago to become a cosmetics giant for the digital age, trailing only L’Oreal and LVMH in the world’s no. 2 market for make-up.
HK police arrest two pro-democracy lawmakers over 2019 protests - Reuters
HONG KONG (Reuters) - Hong Kong police arrested two opposition lawmakers on Wednesday over anti-government protests in July last year, one of whom was suspected of rioting during an incident in which he was attacked by a mob.
Police said Democratic Party lawmakers Lam Cheuk-ting and Ted Hui were among 16 people arrested.
Lam was arrested on suspicion of rioting on July 21, 2019, when a mob of over 100 men wielding sticks and poles attacked pro-democracy protesters, journalists
Japan PM Abe to consult with doctors before Friday news conference: sources - Reuters
TOKYO (Reuters) - Japan’s Prime Minister Shinzo Abe will consult with doctors before holding a news conference on Friday, three sources familiar with the situation told Reuters, amid worries about his health after two recent hospital examinations.
Abe plans to hold the news conference on Friday afternoon, the sources said on
Australia's Zip teams up with eBay for flexible credit to businesses; shares soar - Reuters
(Reuters) - Australia’s Zip Co Ltd ( Z1P.AX ) on Wednesday said it had partnered with eBay Inc ( EBAY.O ) to offer flexible credit to small- and medium-sized businesses on the e-commerce platform, sending its shares to a record high in early trade
Dollar dips slightly, but stuck in range before Powell speech - Reuters
NEW YORK (Reuters) - The dollar edged lower on Wednesday but stayed within a relatively tight range a day ahead of a highly anticipated speech by Federal Reserve Chairman Jerome Powell.
Powell is scheduled to address the U.S. central bank’s policy framework review, and investors are focused on whether he will hint at shifting the Fed’s inflation target
Factbox: Palantir CEO excoriates Silicon Valley in letter ahead of market debut - Reuters
(Reuters) - Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for working with the Central Intelligence Agency and other government groups prepares for one of the biggest market debuts of the year.
Here are some of the quotes from a letter by its chief and co-founder Alexander Karp in its S-1 filing on Tuesday:
** Our industrial infrastructure and manufacturing supply chains were conceived of and constructed in a different century. Government agencies have faltered in fulfilling their mandates
Pompeo convention speech for Trump from Jerusalem sparks criticism, investigation - Reuters
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo praised President Donald Trump’s foreign policy record in a Republican National Convention speech on Tuesday that Democrats criticized as a breach of protocol and perhaps the law.
Speaking in a
Thiel-backed Palantir to go public via direct listing, reveals 2019 loss of $580 million - Reuters
(Reuters) - Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for working with the Central Intelligence Agency and other government groups prepares for one of the biggest market debuts of the year.
The company, which was founded in 2003 by a group including Donald Trump backer Peter Thiel,