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Updated: 4 years 22 weeks ago

Hong Kong stocks fall most since 2015 as Beijing pushes security law

Fri, 2020-05-22 01:00
* Analysts fear rekindling of streets protests, U.S. tensions (Adds bullets, attaches alert, updates prices)
Categories: Business News

UPDATE 1-Banks, luxury stocks hammered as Chinese trade fears hit Europe

Fri, 2020-05-22 00:55
* Burberry edges up despite sales drop, dividend pull (Adds comment, updates prices)
Categories: Business News

REFILE-GLOBAL MARKETS-Tensions over Hong Kong unnerve world stocks, oil tumbles

Fri, 2020-05-22 00:49
* China plan to impose new security law on HK rattles markets
Categories: Business News

MORNING BID-A turn for the worse

Fri, 2020-05-22 00:21
* Note: There will be no Morning Bid on Monday, May 25, because of a public holiday in the UK. Things have taken another turn for the worse between the world's two superpowers. Escalating rhetoric from President Donald Trump hit Wall Street yesterday, but Asian markets today are red all over following China's proposal for a new Hong Kong law to ban sedition, secession and treason. That will almost certainly reignite protests in Hong Kong and drive another wedge with Washington.
Categories: Business News

UPDATE 4-Beijing may base security agencies in Hong Kong as part of new laws

Fri, 2020-05-22 00:16
* Trump warns Beijing against security law (Updates with Carrie Lam comments, HK stocks close down)
Categories: Business News

UPDATE 1-Nissan considering 20,000 job cuts, mainly in Europe, developing nations -Kyodo

Fri, 2020-05-22 00:05
Nissan Motor Co is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on Friday, as the Japanese automaker struggles to recover from plunging car sales.
Categories: Business News

RPT-Hong Kong bankers worry that new laws could lead to capital flight

Thu, 2020-05-21 23:57
China's plans to impose national security legislation in Hong Kong are expected to lead to the flight of capital and talent from the Asian financial hub, bankers and headhunters said.
Categories: Business News

Hong Kong bankers worry that new laws could lead to capital flight

Thu, 2020-05-21 23:54
China's plans to impose national security legislation in Hong Kong are expected to lead to the flight of capital and talent from the Asian financial hub, bankers and headhunters said.
Categories: Business News

UPDATE 1-UK set to outline quarantine measures for international arrivals

Thu, 2020-05-21 23:38
The United Kingdom will later on Friday spell out details of its plans for a COVID-19 quarantine for travellers arriving from overseas, a measure that airlines have warned will devastate their industry.
Categories: Business News

Luxury stocks hammered as Chinese trade fears hit Europe

Thu, 2020-05-21 23:36
European shares fell on Friday as a deterioration in U.S.-China ties compounded fears of a slower recovery from the economic damage wreaked by the COVID-19 pandemic.
Categories: Business News

Banks pursue Luckin Coffee chairman's assets after loan default

Thu, 2020-05-21 23:31
The banks that lent $518 million to Luckin Coffee Chairman Charles Zhengyao Lu have started court proceedings to liquidate his private company, a government gazette for the British Virgin Islands showed.
Categories: Business News

Turkey sees rebounds in capacity utilisation, manufacturing confidence

Thu, 2020-05-21 23:28
Turkey's capacity utilisation rate rebounded to 62.6% in May after hitting a 10-year low of 61.6% a month earlier, while confidence among manufacturers also jumped, data from the central bank showed on Friday.
Categories: Business News

UPDATE 4-KKR to invest $1.5 bln in Reliance Industries' digital unit, its biggest deal in Asia

Thu, 2020-05-21 23:25
* Investors include Facebook, General Atlantic and Silver Lake
Categories: Business News

Hong Kong stocks set for worst day since 2015 as Beijing pushes security law

Thu, 2020-05-21 23:20
Hong Kong's stock market tumbled more than 5% to seven-week lows on Friday as China moved to impose new national security laws on the city, raising fears of a revival of the civil unrest that convulsed the financial hub for much of last year.
Categories: Business News

China's biggest automaker expects domestic car sales to pick up in Q2

Thu, 2020-05-21 22:34
China's biggest automaker SAIC Motor expects the nation's auto sales to post year-on-year growth in the second quarter due to recovering demand and supportive policies, its chairman said on Friday.
Categories: Business News

GLOBAL MARKETS-Global stocks skid as Hong Kong returns as Sino-U.S. flashpoint

Thu, 2020-05-21 22:34
* China pledges more stimulus, does not set 2020 growth target
Categories: Business News

UK to set out quarantine measures for international arrivals

Thu, 2020-05-21 22:31
The United Kingdom will on Friday set out details of its plans for a quarantine for international arrivals, Northern Ireland Secretary Brandon Lewis said.
Categories: Business News

UPDATE 7-Trump visits Ford plant in politically crucial Michigan, leaves mask off for cameras

Thu, 2020-05-21 22:19
President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co plant amid tensions with its Democratic governor during the coronavirus pandemic, opting not to wear a protective face mask for the cameras.
Categories: Business News

PRESS DIGEST - Wall Street Journal - May 22

Thu, 2020-05-21 22:00
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

Full disclosure? Hedge funds navigate COVID health questions

Thu, 2020-05-21 22:00
* Funds lack protocol for dealing with health disclosures - lawyer
Categories: Business News

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