European bourses are seen opening mixed on Thursday morning after U.S. tech giants slipped overnight, while oil markets were cautious ahead of an OPEC meeting later in the session. The FTSE 100 is set to open 26 points lower at 7,366; while the DAX is expected to start up by 4 points at 13,054 and […]
Read moreThe China-backed Asian Infrastructure Investment Bank (AIIB) is eyeing a Europe listing for its debut global bond. Issued in U.S. dollars, the inaugural bond listing will “more likely be in Europe,” AIIB Vice President Thierry de Longuemar told Reuters on Wednesday. “It will done under English law.” The AIIB, which has 80 member countries, was […]
Read moreJapan’s Softbank Group offered to buy an undisclosed number of shares in Indian e-commerce giant Flipkart at a reduced valuation in the range of $9 billion to $10 billion, the Mint daily reported on Thursday. Softbank offered to buy Flipkart shares from investors and former and existing employees for $85 to $89 per share, Mint […]
Read moreJust days ahead of a Beijing visit, Canadian Prime Minister Justin Trudeau has yet to decide on whether to launch talks on a free trade deal that China has long pressed for and could face a cool reception over his government’s decision to snub Chinese interest in Bombardier. China wants a free trade pact similar […]
Read moreChina reported on Thursday that factory activity expanded at a quicker pace in November , with the official manufacturing Purchasing Managers’ Index at 51.8 — topping expectations. Economists in a Reuters poll expected official PMI in the world’s second-largest economy to come in at 51.4 this month. That is slower than 51.6 in October. China’s […]
Read moreAsian markets tracked lower on Thursday as oil prices steadied after falling in the last session. Investors in the region will also keep an eye on several key data releases due later in the day. Japan’s Nikkei 225 was off 0.06 percent as major tech names traded lower. Sony fell 1.69 percent and Nintendo was […]
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