Business
Exclusive-Malaysia plans to set up second 5G network from next year -sources
By Rozanna Latiff and Yantoultra Ngui KUALA LUMPUR/SINGAPORE (Reuters) – Malaysia plans to introduce a second 5G network from next year, four…
Business
At China’s largest trade fair, exporters worry about world economy
By Ellen Zhang and David Kirton GUANGZHOU (Reuters) – Chinese exporters exhibiting their products at the country’s largest trade fair said the…
Business
Merck to buy Prometheus Biosciences for about $11 billion
(Reuters) -Merck & Co has agreed to acquire Prometheus Biosciences Inc for about $10.8 billion to bolster the company’s presence in immunology,…
Business
Yellen says US banks may tighten lending and negate need for more rate hikes
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said banks are likely to become more cautious and may tighten lending…
Business
Exclusive-Sri Lanka’s bondholders send debt rework proposal to government, sources say
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON (Reuters) -A committee of Sri Lanka’s international private creditors sent its first debt rework…
Business
IKEA lookalike ‘Swed House’ opens in Moscow to mixed reactions
MOSCOW (Reuters) – Belarusian furniture company Swed House, which sells items intended to look like those made by Swedish giant IKEA, opened…
45th President
Trump files personal financial report
45th president Donald Trump filed his personal financial disclosure report with the Federal Election Commission on Friday, which offered the public the first look at his finances since leaving the White House.
Business
Emergency Credit Suisse rescue shakes faith in Switzerland
By John Revill and Noele Illien ZURICH/BERN (Reuters) -Switzerland’s tradition of dependable consensus politics has taken a battering after the government used…
Business
US regulator calls for greater scrutiny of hedge funds after bond turmoil- FT
(Reuters) -Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), said hedge funds and other parts of the shadow…
Business
Ferrari fever? Classic cars roar into investment funds
By Valentina Za and Giulio Piovaccari MILAN (Reuters) – In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife…