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News
Ares names James Garforth principal for Asia direct lending
5+ hour, 15+ min ago (144+ words) HONG KONG, Sept 14 (Reuters) – Ares Management Corp, a global alternative investment manager, has appointed James Garforth as principal in its Asia direct lending business, according to an internal memo seen by Reuters on Monday. Here are some details: • Garforth joins…...
China’s Ligent Technologies seeks $723 million in Hong Kong IPO
10+ hour, 24+ min ago (139+ words) Sept 14 (Reuters) – China’s Ligent Technologies is looking to raise HK$5.67 billion ($723.02 million) through an initial public offering in Hong Kong, according to a filing with the exchange on Monday. The optical communications equipment maker is offering 172 million shares at an…...
Japan’s wholesale inflation stays elevated in August, boosts case for rate hike
3+ day, 9+ hour ago (311+ words) TOKYO, Sept 11 (Reuters) – Japan’s wholesale inflation remained elevated in August, data showed on Friday, highlighting mounting price pressures that cement the case for the central bank to raise interest rates this month. The data follows recent hawkish communication from the…...
German August inflation confirmed at 2.9%
4+ day, 3+ hour ago (62+ words) 1470 & 100.3 WMBD German August inflation confirmed at 2.9% BERLIN, Sept 10 (Reuters) – German inflation accelerated to 2.9% in August, the federal statistics office said on Thursday, confirming preliminary data. Germany’s consumer prices, harmonised to compare with other European Union countries, stood at 2.8% year on…...
Citi Private Bank hires Radzinski from Bank of America
4+ day, 12+ hour ago (117+ words) 1470 & 100.3 WMBD Citi Private Bank hires Radzinski from Bank of America NEW YORK, Sept 9 (Reuters) – Citigroup’s Private Bank announced the hiring of Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients, according to an internal memo seen by…...
European shares dip as oil nears $100, Mideast tensions fan inflation fears
5+ day, 2+ hour ago (220+ words) Sept 9 (Reuters) – European shares edged lower on Wednesday ahead of U.S. inflation data, with Brent crude climbing to the cusp of key $100-per-barrel level as renewed tensions in the Middle East fanned inflation worries and curbed risk appetite. The pan-European…...
Activist seeks Samsung shareholder list in fight over S-1 Corp
5+ day, 8+ hour ago (448+ words) SINGAPORE, Sept 9 (Reuters) – Activist investor Flashlight Capital Partners has requested the shareholder registers of five units of the powerful Samsung conglomerate that hold a substantial stake in S-1 Corporation, stepping up a campaign to improve returns at the South Korean…...
Oil jumps $1 in early trade after Iran launches missiles at Jordan
5+ day, 9+ hour ago (273+ words) September 9 (Reuters) – Oil prices jumped for the fourth straight session, gaining more than $1 in early trade on Wednesday after Iran launched fresh attacks on U.S. military assets in the Gulf as the war between Washington and Tehran continued to…...
BHP, union talks for Port Hedland iron ore workers to stretch into next week
6+ day, 1+ hour ago (294+ words) MELBOURNE, Sept 8 (Reuters) – Talks between BHP and unions representing workers at the mining giant’s Port Hedland iron ore operations in Western Australia ended without a deal, with further negotiations scheduled for next week, the parties said on Tuesday. The three…...
Longsys ends 1% lower in Hong Kong debut after $900 million share sale
6+ day, 6+ hour ago (409+ words) By Donny Kwok and Yantoultra Ngui HONG KONG, Sept 8 (Reuters) – Shares of Shenzhen Longsys Electronics ended 1% lower in their Hong Kong debut on Tuesday, after the Chinese data storage products maker raised about HK$7.08 billion ($903 million) in a share sale....