Author: KMFSLLP

* Agreed main terms give Fosun Tourism control of holiday business

U.S. Treasury yields fell on Wednesday, with 30-year yields setting all-time lows, as fears about a recession and trade tensions between China and the United States have stoked unrelenting demand for low-risk government debt. The inversion of the U.S. yield curve, where short-dated yields are running above...

The Russian Foreign Ministry said on Wednesday a new round of sanctions imposed by the United States undermined the possibility of normalizing bilateral ties, RIA news agency reported.

Coty Inc raised its 2019 revenue forecast on Wednesday, betting on a four-year restructuring plan that involves a multi-billion dollar write-down of some of its beauty brands and a simpler organizational structure, sending its shares up 6%.

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Tab Food Investments (TFI), the biggest worldwide franchisee of Burger King, has asked Citigroup to help to sell a minority stake in the business in China and Turkey, a deal which could fetch at least $200 million, two sources familiar with the matter said.

Thailand's Central Pattana (CPN) said it will go ahead with mall opening despite its unresolved dispute with state-owned Airports of Thailand (AOT) , the country's top mall operator said on Wednesday.

Sri Lanka's rupee fell on Wednesday to its seven-month closing low as foreign fund outflows after the central bank cut key monetary policy rates weighed on the currency. Shares closed steady. ** Foreign investors sold net 12.9 billion rupees worth of government securities in the week ended Aug. 21, the...

The prime minister has shown he is ready to do whatever it takes to get his way

* CCB's H1 net profit 154.19 bln yuan vs 147.0 bln yuan year-ago

U.S. Treasury yields were lower in early U.S. trading on Wednesday, with 30-year yields hovering above their record low set earlier this session, stoked by fears about a recession and trade tensions between China and the United States.