AB InBev jumps on possible IPO of Asian business
Anheuser-Busch InBev NV shares jumped the most since 2015 after people with knowledge of the matter said the world’s largest brewer is considering an initial public offering of its Asian operations.
Asia-Pacific
Wiese’s Brait switches focus as SA, UK wilt: More Virgin Actives for Asia
Brait SE, the investment company owned by South African billionaire Christo Wiese, plans to expand its Virgin Active gym chain in the Asia Pacific.
Aussies in tizz after Trump dumps on their PM Turnbull, cuts off phone call
Any lingering doubts about America’s new road ended last night after reports surfaced of a testy phone call between President Donald Trump and Australian Prime Minister Malcolm Turnbull.
Asia shares stumble over weak China trade growth concerns
Asian shares wobbled on Monday after dismal Chinese trade data eclipsed a strong U.S. jobs report, raising concerns about a deepening slowdown in the world’s second-largest economy and sending the Australian dollar sliding.
Asia stocks fall, dollar surges on Fed’s hawkish twist
Asian stocks were mostly lower and the dollar surged to a three-week high versus the yen after the U.S. Federal Reserve ended its massive quantitative easing programme, as expected, but laced its economic assessment with a tinge of hawkishness.
Asian shares soar to 1-month high on earnings, Fed optimism
Asian shares climbed to one-month highs on Wednesday, steered by a robust Wall Street on optimism over corporate earnings and prospects the U.S. Federal Reserve will reaffirm its willingness to wait for an extended period before raising interest rates.
Asia up as upbeat earnings, data sharpen risk appetite
Asian equities rose on Monday, taking heart from upbeat U.S. economic data and slightly better-than-expected health checks on euro zone banks, which helped revive investors’ risk appetite.
New Asian Bank to be initiated by China and 20 other countries
Twenty-one Asian nations signed on to a China-driven initiative Friday to create a new international bank for Asia that Washington opposes as an unnecessary and potentially damaging rival to established institutions such as the World Bank.
U.S. stock futures tumble on reports of NY Ebola case
U.S. stock futures tumbled while safe-haven assets such as the yen and U.S. bonds gained on Friday after a doctor who returned to New York City from West Africa tested positive for Ebola.
Asian shares shine on U.S. tech results, ECB hopes
Asian shares rose on Wednesday as upbeat results from two U.S. technology bellwethers and hopes of fresh stimulus from the European Central Bank offset concerns about the outlook for the global economy.