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Latest News on private equity markets

Wall Street dips on Middle East tensions, weak manufacturing data

Wall Street fell from a record high on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East, while a bigger-than-expected contraction in the U.S. manufacturing sector again fanned fears of slowing economic growth.



5 years ago

Tesla rally leaves short sellers down $3 billion since 2018

Tesla Inc's short sellers have suffered $3 billion in losses since the end of 2018, including a $500 million hit on Friday after the electric carmaker's quarterly deliveries beat investors' expectations and drove its stock to a record high.



5 years ago

U.S. factory sector in deepest slump in more than 10 years

The U.S. manufacturing sector fell into its deepest slump in more than a decade in December as the U.S.-China trade war kept a lid on factory output, orders and employment, although the long-awaited Phase 1 deal between Washington and Beijing could limit further downside.



5 years ago

Fintech: The Fourth Platform

Forbes | Matthew Harris | Nov 22, 2019 This is part two of a two-part essay diving into the future of fintech. Read part one. In part one of this essay, I discussed how fintech was moving from being a business model unto itself, to being an ingredient used in other technology businesses. This is what

5 years ago

Soleimani strike lifts safe-haven yen; grim U.S. data hits dollar

Investors rushed into safe-haven assets on Friday after U.S. air strikes in Iraq killed a senior Iranian military official, sending the Japanese yen to a three-month high, while the U.S. dollar index was knocked by the weakest domestic factory activity in a decade.



5 years ago

More people may soon have annuities in their 401(k) plans

A new retirement law, the Secure Act, loosens rules around how employers can select annuity providers for their 401(k) plans.

5 years ago

Oil outlook is bullish, but don't expect big spikes seen during past conflicts, analysts say

The next direction for oil prices will depend on Iran's retaliation.

5 years ago

Turkish court formally arrests five suspects over Ghosn's transit: Anadolu

A Turkish court ruled on Friday to formally arrest five suspects who were detained as part of an investigation into ex-Nissan boss Carlos Ghosn's transit through Turkey after fleeing Japan, state-owned Anadolu news agency reported.



5 years ago

Wall Street slides on Middle East tensions, weak manufacturing data

Wall Street fell from record highs on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing sector raised concerns of slowing economic growth.



5 years ago

FCC says it will accept comments until February 3 on Huawei, ZTE security risks

The U.S. Federal Communications Commission (FCC) said on Friday it will accept public comments until Feb. 3 on its determination that China's Huawei Technologies Co Ltd and ZTE Corp pose national security risks.



5 years ago

Story on Ghosn's exit from Japan is withdrawn

This story, first published at 1243 GMT, has been withdrawn pending more reporting.



5 years ago

Tokyo prosecutors raid residence of former Nissan boss Ghosn: NHK

Tokyo prosecutors on Thursday raided the residence of former Nissan Motor Co Ltd chairman Carlos Ghosn, Japanese public broadcaster NHK said.



5 years ago

HSBC kicks off year with Hong Kong branches closed, vandalized

HSBC is being drawn into Hong Kong's political turmoil with protesters attacking some of its branches and graffiti daubed on the famous pair of lions that guard its city-center headquarters.



5 years ago

Hyundai, Kia see 2020 sales rebound after missing target in 2019

South Korea's Hyundai Motor and affiliate Kia Motors expect their combined sales to rise 5% in 2020, after missing their annual target for five years in a row.



5 years ago

Asian shares outperform global peers in December, but yearly gains lag

Asian shares gained for the fourth successive month in December as appetite for regional shares improved after the U.S. and China agreed on a preliminary deal to end their 17-month long trade war.



5 years ago