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News

30 Dec REFILE-UPDATE 16-Ghosn flees to Lebanon, says won’t be ‘held hostage’ by Japan’s justice system

Posted at 10:56h in News by KMFSLLP 0 Comments

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* Ghosn awaiting trial for financial misconduct which he denies

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30 Dec UPDATE 1-China’s Anbang Insurance in fresh attempt to sell stake in Chengdu bank

Posted at 10:55h in News by KMFSLLP 0 Comments

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China's Anbang Insurance Group, which was taken over by the government last year, said it has put its 35% stake in Chengdu Rural Commercial Bank up for sale for 16.5 billion yuan ($2.4 billion), its second attempt to offload the lender.

30 Dec UPDATE 1-Angola freezes assets of ex-president’s daughter in graft probe

Posted at 10:19h in News by KMFSLLP 0 Comments

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An Angolan court has ordered the freezing of assets held by former president Eduardo dos Santos' daughter, Isabel, her husband and a business associate as part of a corruption probe, a copy of the order seen by Reuters shows.

30 Dec UPDATE 2-Vivendi sells minority stake in Universal to Tencent consortium

Posted at 09:47h in News by KMFSLLP 0 Comments

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* Allows firms to expand in recovering music market (Adds more detail and background)

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30 Dec HNA aims to reach a turning point in resolving liquidity risks next year – chairman

Posted at 09:13h in News by KMFSLLP 0 Comments

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Indebted Chinese conglomerate HNA Group predicts 2020 will see a major turning point in its efforts to resolve liquidity risks, its chairman said, as the company pledges an all-out effort to turn the company around.

30 Dec Angola freezes assets of ex-president’s daughter over corruption allegations

Posted at 08:39h in News by KMFSLLP 0 Comments

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An Angolan court has ordered the freezing of assets held by former president Eduardo dos Santos' daughter Isabel, state news agency Angop reported on Tuesday, the latest high-profile case in the government's anti-corruption drive.

30 Dec European shares falter as year-end rally fades

Posted at 08:35h in News by KMFSLLP 0 Comments

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* Benchmark European index still set for best year since 2009

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30 Dec China stocks set to outperform Wall St in 2019 as markets shake tariff jitters

Posted at 08:22h in News by KMFSLLP 0 Comments

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China's stock market has clawed its way from the bottom of the major global index rankings toward the top this year, with a 36% jump in the main blue chip index set to trump the roaring rally in its Wall Street counterparts.

30 Dec MOVES-Head of PetroChina’s Singapore trading office set to leave

Posted at 07:17h in News by KMFSLLP 0 Comments

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The head of PetroChina's oil trading unit in Singapore will leave the company after serving nearly 26 years, two company officials told Reuters on Tuesday.

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30 Dec China outbound M&A plummets to 10-year low on trade tensions, economic slowdown

Posted at 07:00h in News by KMFSLLP 0 Comments

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China's outbound mergers and acquisitions (M&As) clocked their weakest year in a decade in 2019, as an escalated U.S.-China trade war and tightened regulatory scrutiny of Chinese companies impacted appetite for overseas dealmaking.

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News

30 Dec REFILE-UPDATE 16-Ghosn flees to Lebanon, says won’t be ‘held hostage’ by Japan’s justice system

30 Dec UPDATE 1-China’s Anbang Insurance in fresh attempt to sell stake in Chengdu bank

30 Dec UPDATE 1-Angola freezes assets of ex-president’s daughter in graft probe

30 Dec UPDATE 2-Vivendi sells minority stake in Universal to Tencent consortium

30 Dec HNA aims to reach a turning point in resolving liquidity risks next year – chairman

30 Dec Angola freezes assets of ex-president’s daughter over corruption allegations

30 Dec European shares falter as year-end rally fades

30 Dec China stocks set to outperform Wall St in 2019 as markets shake tariff jitters

30 Dec MOVES-Head of PetroChina’s Singapore trading office set to leave

30 Dec China outbound M&A plummets to 10-year low on trade tensions, economic slowdown

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