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News

10 Dec RPT-Indonesia e-commerce execs say new rules may choke booming online growth

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Indonesian e-commerce industry executives have criticised new regulations requiring online vendors to obtain government permits, saying the mandatory procedures would sharply increase costs and stifle the country's booming e-commerce market.

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09 Dec Japan calls for prompt solution to restore WTO appellate body

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Japan said on Wednesday the World Trade Organization's dispute settlement system was one of central pillars supporting the multilateral trading system and a quick solution was needed to restore the functioning of its appeals court.

09 Dec Calpers says one-fifth of public holdings exposed to climate risk

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About one-fifth of the California Public Employees’ Retirement System public markets portfolio is exposed to potential losses from climate change, the $381 billion pension fund manager reported this week in its first ever climate-risk disclosure report.

09 Dec UPDATE 1-DoubleLine’s Gundlach sees risk for U.S. credit when dollar weakens

Posted at 23:24h in News by KMFSLLP 0 Comments

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The U.S. dollar's next big move will be lower, which could lead to a significant fall in U.S. bond prices and a slew of downgrades, Jeffrey Gundlach, chief executive of DoubleLine Capital said on Tuesday.

09 Dec CORRECTED-Quantum computer firm D-Wave says NEC to invest in it, help build software

Posted at 23:23h in News by KMFSLLP 0 Comments

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D-Wave Systems, a Canadian quantum computer firm backed by billionaire Jeff Bezos, Wall Street titan Goldman Sachs and others, said Japan's NEC Corp will invest in it as part of a fundraising round and will also help it develop software.

09 Dec UPDATE 1-U.S. Senate leader McConnell raises possibility of quick impeachment trial

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U.S. Senate Majority Leader Mitch McConnell raised the prospect on Tuesday of a short Senate impeachment trial for President Donald Trump in which no witnesses would be called.

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09 Dec Brazilian financial platform XP sets price per share at $27 in Nasdaq IPO – sources

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Brazilian financial services platform XP Inc priced its class A shares at $27 in an initial public offering on Nasdaq, in the largest IPO by a Brazilian company this year, two sources with knowledge of the matter said.