Hong Kong’s stock market regulator has filed a lawsuit against major banks Standard Chartered and UBS along with consultancy firm KPMG over a 2009 initial public offering on the city’s bourse.
A Chinese official has admitted his province falsified its economic data for years, state media said Wednesday, as the country prepares to release its national growth estimates for 2016.
China’s growth slipped to its slowest rate in more than a quarter of a century in 2016, an AFP survey has forecast, as analysts see mounting risks for the world’s number two economy with Donald Trump heading for the White House.
Hewlett Packard Enterprise announced a deal to buy business data management firm SimpliVity for $650 million in cash.
Nguyen Thi Thanh Loan grew up on a small plot of land in rural Vietnam, with just enough food to eat, few new clothes and no disposable income.
For just one hour of work, Juha Jarvinen had to fill out piles of paperwork only to see his unemployment insurance docked. But with Finland’s universal basic income test, he’s hoping for a fresh start.
The dollar recovered against its major peers on Wednesday after taking a battering the previous day but equity traders were on edge on uncertainty about the prospects of a Donald Trump presidency.
Detroit, the once-thriving capital of the US automobile industry, has seen most of its jobs move overseas, leaving the remaining workers at the “Big Three” auto plants wondering about the future.
Liberty Media stockholders on Tuesday approved measures relating to the company’s pending acquisition of Formula One, an $8 billion deal that still must be approved by the International Automobile Federation.
Clinical trials which conclude that the drug being tested works are more likely to be conducted by researchers with financial ties to the pharmaceutical industry, a study said Wednesday.
Mobile chip giant Qualcomm was hit Tuesday with a US antitrust suit alleging it abused its dominant position in the market for processors used in cell phones and other devices.