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Australia's ANZ to pay $160 million over bond deal, customer violationsAustralia and New Zealand Banking Group will pay a hefty fine. The penalty is for misconduct including charging deceased customers. The ban...
China's BYD raises $5.59 billion in share sale, Hong Kong's largest in four yearsBYD's Hong Kong shares opened down 8% on Tuesday, in line with the discount the stock was sold at in the deal, while the Hang Seng Index wa...
Bain Capital raises $429 million with Axis Bank stake sale, source saysBain Capital has sold its Axis Bank stake at 1,071 rupees ($12.87) per share to raise $429 million, according to a source with direct knowl...
China's Shein files for US IPO in major test for investor appetite: ReportGoldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the initial public offering (IPO), and Singapore-b...
Asian markets softer as investors look to key inflation readingsThe yield on benchmark 10-year Treasury notes rose to 4.0885% compared with its U.S. close of 4.078% on Monday. The two-year yield, which r...
Asian shares mostly weaker as markets mull Fed rate riseThe yield on benchmark 10-year Treasury notes rose to 3.8924%, compared with its U.S. close of 3.912% on Tuesday. The two-year yield, which...
Asian markets cautious ahead of China's economic growth dataA Reuters poll last week found China's GDP growth was forecast to speed up to 4.0% in the first quarter from a year earlier, versus 2.9% in...
China's Shein set to raise $2 billion, eyes US IPO later this yearSHEIN cut its valuation to $64 billion in this fundraising, down by a third from a funding round a year ago, according to six sources with ...
SoftBank sells 4.5% stake in India's Paytm for $200 million - sourcesSoftBank's sale of 29.35 million shares at that price amounts to a total consideration of $200 million, according to Reuters calculations. ...
Facebook's Australia news blackout: a shock four years in the makingHe had been in direct contact with Facebook CEO Mark Zuckerberg and, he thought, was making progress toward an accommodation over proposed ...
Australia and Facebook in talks over sweeping news banAustralians could no longer post links to news articles or view the Facebook pages of Australian outlets, which are also barred from sharin...
Why the world is watching Australia's tussle with Big TechAccording to Australia's competition watchdog, for every $100 spent on online advertising, Google captures $53, Facebook takes $28 and the ...
Facebook unfriends Australia: news sites go dark in content rowFacebook's dramatic move represents a split from Alphabet Inc-owned Google after they joined together for years to campaign against the law...
Life without Google: Australia is now facing the unthinkableSearching for 'best beach Sydney' on DuckDuckGo showed an ad for a hotel more than 1,000 km away as the top result. Bing suggested Bondi Be...
Global investors keep powder dry as U.S. election gets tightPresident Donald Trump holds a narrow lead in the battleground state of Florida, keeping open a path to the White House, which has upended ...