Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO
(Reuters) – Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc (BIDU.O), has launched an initial public offering in New York worth up to…
Shares in the red as nervous markets await Fed
SYDNEY (Reuters) – Asian share markets slipped into the red on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest…
U.S. nonfarm payrolls post largest gain in one-and-a-half years
WASHINGTON (Reuters) – U.S. job growth surged in February, recording its biggest increase in more than 1-1/2 years, but a slowdown in wage gains pointed to a gradual increase in…
Asia’s biggest exporters bristle over U.S. tariffs, fanning trade war fears
TOKYO (Reuters) – Major Asian nations reacted sharply on Friday to U.S. President Donald Trump’s decision to impose tariffs on steel and aluminum imports, warning of damage to relations amid…
Japan’s Kobe Steel names Yamaguchi as president after data fraud
TOKYO (Reuters) – Japan’s Kobe Steel Ltd (5406.T) on Friday appointed the head of its machinery business as its new president and chief executive, looking outside its major steel division…
Wynn Resorts to pay $2.6 billion to settle lawsuit with Japan’s Universal
(Reuters) – Wynn Resorts Ltd (WYNN.O) has agreed to pay $2.6 billion to settle a lawsuit brought by Japan’s Universal Entertainment Corp (6425.T) and its U.S. unit, ending a six-year…
Trump sets steel and aluminum tariffs but exempts Canada, Mexico
WASHINGTON (Reuters) – U.S. President Donald Trump pressed ahead on Thursday with import tariffs of 25 percent on steel and 10 percent for aluminum but exempted Canada and Mexico and…
Trump sets steel and aluminum tariffs, Mexico, Canada exempted
WASHINGTON (Reuters) – U.S. President Donald Trump pressed ahead on Thursday with import tariffs of 25 percent on steel and 10 percent for aluminum but exempted Canada and Mexico and…