SoftBank Vision Fund, the world’s largest private equity fund, is considering a $500 million investment in the Hong Kong initial public offering of ZhongAn Online Property and Casualty Insurance Co Ltd, China’s first internet-only insurer, IFR reported on Thursday, citing people close to...
An explosion late on Wednesday at a small coal mine in China’s northern province of Heilongjiang killed nine workers, the official Xinhua News Agency said on Thursday. The incident occurred at the Yuchen coal mine, which has 60,000 tonnes of annual production capacity, located in the...
The dollar steadied on Wednesday, with investors expecting another quiet day for the currency ahead of key inflation data due on Thursday that will be closely watched by the U.S. Federal Reserve as it considers when to raise interest rates. With most currencies trading in narrow ranges,...
Asian stocks wobbled on Wednesday but still marked a 10-year peak, cheered by record highs on Wall Street, while shares of Apple Inc’s (AAPL.O) suppliers dipped following the release of the latest iPhone. Futures suggested a downbeat start to the European trading day, with the...
