News

U.S. investment bank JPMorgan said on Wednesday it was negative about the prospects of Prime Minister Boris Johnson striking a Brexit deal at the Oct. 17-18 EU summit.

Saudi Arabia's economic growth in 2019 will be significantly less than the kingdom had expected because of OPEC-led oil output cuts, but the attack on Aramco had "zero" impact on revenue, the country's finance minister said on Wednesday.

Hurricane Humberto gained strength and speed as it moved closer to Bermuda early Wednesday but the islands are likely to be spared a direct hit, forecasters said.

Most Southeast Asian stock markets declined in thin trading on Wednesday as investors were cautious ahead of an expected U.S. interest rate cut, with Thailand shedding the most on a drop in oil prices. With a 25-basis point U.S. rate cut seen as...

U.S. private equity firm Advent International said on Wednesday it has completed fundraising for its first technology fund after six months, with total investor commitments reaching its cap of $2 billion. The buyout firm said the fund, Advent Global Technology, will invest in companies in the software and data sectors,...

* Hong Kong IPO activity picking up after difficult summer (Adds context)

Bosnia's central bank has increased the rate it charges commercial banks to hold their excess reserves, lowering its negative interest rate to minus 0.5% from minus 0.4%, in line with the rate charged for deposits by the European Central Bank, the bank said on Wednesday.

Iran dismissed U.S. accusations over weekend attacks of Saudi Arabia's oil sites as a distraction from the realities in the Middle East, Iran's Students News Agency ISNA quoted Foreign Minister Mohammad Javad Zarif as saying on Wednesday. "The United States should seek to look at the realities in the region, rather...

* U.S. points at Tehran for unprecedented strike on oil plants

Shanghai Henlius Biotech has raised $410 million after pricing its Hong Kong initial public offering at the bottom end of the indicative pricing range, two people with direct knowledge of the matter said on Wednesday.