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China stocks climb on trade talk optimism

* .SSEC +0.8 pct, .CSI300 +1.3 pct; .HSI +0.2 pct * U.S. officials in Beijing for fresh talks on trade * Better news expected after wave of profit warnings Hong Kong, Feb 11 (Reuters) – China stocks rose on Monday Read more ›

China, Hong Kong stocks rise on trade relief

* Shanghai index rises 0.8 pct, Hang Sang 1.0 pct higher * U.S. Treasury Secretary Mnuchin weighs lifting tariffs on China – WSJ * China to target 6-6.5 pct GDP growth in 2019 – China Daily SHANGHAI, Jan 18 (Reuters) Read more ›

Exclusive: Saudi Arabia to auction detained tycoon’s real estate assets – sources

RIYADH (Reuters) – Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals due to creditors, sources familiar with the matter told Reuters. FILE PHOTO: A Read more ›

UPDATE 2-Investec to hive off asset management, shares jump

* Lender says limited synergies with asset management arm * Move comes as CEO and founder Koseff departs * Unit has $143 billion under management (Adds share reaction) By Tiisetso Motsoeneng and Emma Rumney JOHANNESBURG/LONDON, Sept 14 (Reuters) – South Read more ›

HK stocks post biggest loss in 11 weeks on growth, trade war fears

Sept 5 (Reuters) – Hong Kong stocks tumbled to their worst loss in 11 weeks on Wednesday, as investors dumped property, energy and tech stocks amid worries about China’s economy and the Sino-U.S. trade war. There are also signs money Read more ›

Tesla CEO Musk drops pursuit of $72 billion take-private deal

SAN FRANCISCO (Reuters) – Tesla Inc CEO Elon Musk said late on Friday he would heed shareholder concerns and no longer pursue a $72 billion deal to take his U.S. electric car maker private, abandoning an idea that had stunned Read more ›

Indonesia lobbies U.S. to maintain special tariff treatment

JAKARTA (Reuters) – Indonesia lobbied visiting U.S. Secretary of State Mike Pompeo to keep the Southeast Asian nation on a list of countries that receive preferential trade terms, its foreign and trade ministers said on Sunday. (L-R) Indonesia’s Foreign Minister Read more ›