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China’s services activity quickens in March: official PMI

FILE PHOTO – A waiter prepares a table for service at Haidilao’s new artificial intelligence hotpot restaurant in Beijing, China, November 14, 2018. REUTERS/Jason Lee/File Photo BEIJING (Reuters) – Growth in China’s services industry quickened in March, an official survey Read more ›

Shanghai stocks flat after China reiterates no flood of stimulus

* SSEC flat, CSI300 falls 0.9 pct, HSI 0.5 pct lower * Trump predicts “good deal” or no deal in China trade talks SHANGHAI, March 7 (Reuters) – Chinese stocks were flat on Thursday at the end of a choppy Read more ›

SE Asia Stocks-Philippines falls as MSCI’s China weighting boost raises outflow woes

* Philippine stocks hit near 2-month low * Vietnam index poised for 1.5 pct weekly loss * Singapore shares snap 3 straight sessions of losses By Shriya Ramakrishnan March 1 (Reuters) – Philippine shares fell the most across Southeast Asian Read more ›

Nissan top exec Munoz resigns amid broadened Ghosn probe

(Reuters) – One of Nissan Motor Co’s (7201.T) top executives has resigned, further rattling the Japanese automaker’s management team as it broadens an investigation into ousted Chairman Carlos Ghosn’s alleged financial misconduct. FILE PHOTO: Jose Munoz, Chairman of Nissan North Read more ›

U.S. office vacancy rate remains flat in third quarter – Reis

(Reuters) – U.S. office vacancy rate was unchanged at 16.6 percent in the third quarter, according to real estate research firm Reis Inc (REIS.O). FILE PHOTO: A worker repositions himself as he repairs a window at an office tower in Read more ›

On NAFTA, Nissan U.S. chief says: ‘We’re heavily American’

DETROIT (Reuters) – Nissan Motor Co Ltd’s (7201.T) North American division chief said on Tuesday that the Japanese automaker is awaiting details of the U.S.-Mexican trade agreement but is confident it can comply with its rules because it assembles around Read more ›

Restaurant operator Yum China rejects $17.6 billion Hillhouse offer: source

HONG KONG (Reuters) – Fast-food chain operator Yum China Holdings Inc (YUMC.N) has rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia’s biggest deals Read more ›

Restaurant operator Yum China rejects $17.6 billion Hillhouse offer: source

HONG KONG (Reuters) – Fast-food chain operator Yum China Holdings Inc (YUMC.N) has rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia’s biggest deals Read more ›

Seizing land without payment would take South Africa on wrong path -U.S. State Dept

WASHINGTON, Aug 23 (Reuters) – The United States believes that land confiscation without compensation in South Africa would take that country down the wrong path, State Department spokeswoman Heather Nauert said on Thursday after President Donald Trump raised the issue Read more ›

Major automakers report drop in U.S. vehicle sales for July

DETROIT (Reuters) – Μaϳoг automakers оn Wеԁneѕday reported lower U.S. new ѵеhісle sales fог July amid stеeр declines іn passenger cаrѕ, ехсерt Fiаt Chrysler Αutomоbilеѕ NV (FCA) (FCHA.MI) (FCAU.Ν), which sаiԁ its sales сlimbed 6 percent. U.Ѕ. consumers have been Read more ›