Japan's Kintetsu to sell eight hotels to Blackstone

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermidTOKYO (Reuters) -Japan’s Kintetsu Group Holdings will sell eight hotels to private equity firm Blackstone Group for an undisclosed amount, the railway operator said on Thursday. Blackstone is part […]

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U.S. says promoting chip cooperation with Taiwan is a priority

TAIPEI (Reuters) – The United States and Taiwan are natural partners when it comes to semiconductors and promoting this cooperation is a U.S. priority, the de facto U.S. ambassador in Taiwan said on Thursday.FILE PHOTO: MediaTek chips are seen on a development board at the MediaTek booth during the 2015 Computex exhibition in Taipei, Taiwan, June 3, 2015. REUTERS/Pichi ChuangWashington […]

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Petrobras signs contract to sell RLAM refinery to Mubadala Capital

FILE PHOTO: A logo of Brazil’s state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File PhotoRIO DE JANEIRO (Reuters) – Petroleo Brasileiro SA said on Wednesday it had signed the contract to sell its RLAM refinery to Abu Dhabi’s Mubadala Capital for $1.65 billion, in a victory for outgoing Chief […]

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GRAINS-Soybean futures snap four-day rally on dollar strength

CANBERRA, March 25 (Reuters) – U.S. soybean futures edged lower for the first time in five sessions on Thursday, as a strong U.S. dollar dented export prospects. FUNDAMENTALS * The most active soybean futures on the Chicago Board Of Trade were down 0.1% to $14.31 a bushel by 0119 GMT, having firmed 0.7% on Wednesday. * The most active corn […]

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SPAC trading pops deflate as 'exuberance and greed' depart

(Refiles to add dropped word in final sentence)FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. REUTERS/Kai Pfaffenbach//File Photo(Reuters) – Wall Street’s appetite for new special purpose acquisition companies (SPACs) shows signs of waning. First-day trading pops, or share price rises, […]

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Kona EV owners say Hyundai mishandling recall for battery fires

SEOUL (Reuters) – Some owners of Hyundai Motor’s Kona electric vehicles say the South Korean automaker is bungling a major recall with delays and poor communication, and risks losing buyers as it targets the No.3 spot in the fast-growing sector.The burnt wreckage of a Hyundai Kona electric vehicle is seen after it caught fire in Daegu, South Korea, October 4, […]

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Gold Futures Settle Higher

Gold prices moved higher on Wednesday as traders picked up the safe-haven asset after reports showed spikes in coronavirus infections and the extension of lockdown measures in several places across the European continent. A drop in Treasury yields also contributed to the precious metal’s uptick. U.S. Treasury yields fell for the third successive day. Germany’s benchmark 10-year bond yield fell […]

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Systemically Important' tag not correct for asset managers like BlackRock: Yellen

(Reuters) -Treasury Secretary Janet Yellen said on Wednesday it is important to “look carefully” at systemic risks posed by asset managers, including Blackrock Inc, but said designating them as systematically important financial institutions may not be the right approach.FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas JacksonYellen’s remarks came […]

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