Friday, November 15, 2019
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(Reuters) - Indian shares gained on Monday, led by a surge in financial stocks, as investors cheered the government’s decision to withdraw a recent tax surcharge on foreign investors and speed up a $10 billion capital infusion into state-run banks. The broader NSE Nifty was up 0.7% at 10,908.05 as of 0354 GMT,...
TOKYO (Reuters) - Japan’s top government spokesman denied on Monday that Tokyo made too many concessions in trade talks with the United States, saying the fact the two countries were able to reach a broad agreement was “very valuable.” The United States and Japan agreed in principle on Sunday to core elements...
HONG KONG (Reuters) - Chinese artificial intelligence provider Megvii Technology Ltd, backed by Alibaba, has filed for an IPO of at least $500 million in Hong Kong, two people said, coming at a time of political unrest in the city and potential first recession in a decade. Megvii, widely known for its facial recognition...
SINGAPORE/SEOUL (Reuters) - Profits from making petrochemicals in Asia have plunged to their lowest in months as the unrelenting trade conflict between Beijing and Washington stifles Chinese demand for chemicals and plastics just as waves of new production start to come on line. The global output capacity for polyethylene, a key ingredient...
SEOUL (Reuters) - North Korea’s top diplomat said on Friday that U.S. Secretary of State Mike Pompeo was a “diehard toxin” who only complicates denuclearisation talks and that Pyongyang was ready for both dialogue and standoff. Talks aimed at dismantling North Korea’s nuclear and missile programmes have stalled since a failed second summit...
SINGAPORE (Reuters) - Singapore’s core inflation eased to its slowest pace in more than three years in July, falling below economists’ forecasts due to declines in utilities and retail prices, official data showed on Friday. The core inflation gauge rose 0.8% from a year earlier, the slowest rate since April 2016, versus a 1.0%...
MANCHESTER, England (Reuters) - The two remaining teams with 100 percent Premier League records this season go head-to-head on Saturday when Liverpool host a new-look Arsenal at Anfield in an encounter that will act as a barometer to measure the London club’s progress. Unai Emery’s Gunners have made a strong start to the campaign with wins at Newcastle...
TOKYO (Reuters) - It has been a roller-coaster 12 months for Japan’s Naomi Osaka since her dramatic victory over Serena Williams in the U.S. Open final last year.After clinching her maiden Grand Slam in a final that will always be remembered for Serena Williams’ extraordinary row with the umpire, Osaka became the first Japanese to claim the world number one ranking when she...
(Reuters) - The United States will begin their quest for a 19th Fed Cup title when they take on Latvia on Feb. 7-8 next year after the draw was held at the International Tennis Federation (ITF) office in London. Great Britain will travel to Slovakia while Romania, led by Wimbledon champion Simona Halep, host Russia. Belarus, the 2017 finalists,...
HONG KONG/NEW YORK (Reuters) - China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters. Alibaba’s Hong Kong-listing plans are being closely watched by the financial community for indications on...

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