Russia stocks higher at close of trade; MOEX Russia Index up 1.50%
Investing.com – Russia stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Mining and Power sectors led shares higher. At the close in Moscow,…
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China to build world’s largest hydropower dam in Tibet
BEIJING (Reuters) – China has approved the construction of what will be the world’s largest hydropower dam, kicking off an ambitious project on the eastern rim of the Tibetan plateau…
Asia stocks muted amid thin trading, Japan shares jump on record budget plans
Investing.com– Asian stocks were largely muted on Thursday as trading remained thin with major stock indexes shut for holidays, while Japanese shares climbed after a report showed Japan planning a…
Japan’s Nippon Steel extends closing date for U.S. Steel acquisition
TOKYO (Reuters) – Japan’s Nippon Steel said on Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect…
Japan stocks higher at close of trade; Nikkei 225 up 1.39%
Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Shipbuilding, Automobiles & Parts and Chemical, Petroleum & Plastic sectors led shares higher. At the…
Alibaba agrees to merge S.Korean operations with E-Mart in a $4bn deal – Bloomberg
Investing.com — Alibaba (NYSE:BABA) Group Holding is set to merge its South Korean operations with E-Mart’s e-commerce platform to strengthen its position in the country’s competitive online retail landscape. AliExpress…
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.43%
Investing.com – Taiwan stocks were higher after the close on Thursday, as gains in the Information Services, Optoelectronic and Machinery sectors led shares higher. At the close in Taiwan, the…
BYD contractor denies ‘slavery-like conditions’ claims by Brazilian authorities
SHANGHAI/BEIJING (Reuters) -Jinjiang Group, a contractor for Chinese electric vehicle maker BYD (SZ:002594), said on Thursday Brazilian authorities’ portrayal of their employees as “enslaved” was inconsistent with the facts and…
South Korea’s Shinsegae to set up joint venture with Alibaba International
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean retailer Shinsegae (KS:004170) plans to set up a joint venture with Alibaba (NYSE:BABA) International, Shinsegae affiliate E-Mart said on Thursday.…
Japan’s comedian-turned-investor launches fund with ex-Goldman ‘stock geek’
By Mariko Katsumura TOKYO (Reuters) – On the face of it, the duo hardly seem fit to inspire confidence as the brains behind Japan’s newest stock fund: one, a former…