News

The former chairmen of CEFC China Energy and China Development Bank (CDB) were named in a high-profile graft trial of a senior Communist Party official, state broadcaster CCTV reported, citing prosecution evidence presented in court.

The South African rand firmed against the globally hobbled dollar early on Friday ahead of the country's credit review announcement by ratings agency Moody’s later in the day.

* Avenida deal adds further $300 mln (Adds detail from statement, bullet points, CEO quote, background)

UK chancellor says ‘upside dividend’ if EU pact agreed would aid in end of austerity

Chancellor says Britain could benefit from a double ‘bonus’ on a Brexit deal

Australian shares closed slightly firmer on Friday, but finished lower for a second consecutive week after heavy losses resulting from a global sell-off in the previous session.

Chinese home appliances maker Qingdao Haier is looking to raise up to 400 million euros ($464 million) in the first so-called D-share sale in Frankfurt by a Chinese company.

Tencent Music Entertainment has delayed its planned U.S. initial public offering (IPO) until at least November as the owner of China's most popular music apps prefers to wait for global stock markets to stabilise, three sources said.

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Shares in China seesawed on Friday after Thursday's market meltdown, with investors buying up sectors hit by recent heavy selling, but sentiment remained fragile amid worries over global trade, even as China reported unexpectedly strong export data.

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Southeast Asian stock markets edged higher on Friday, recovering from the previous session's sharp falls after a weaker-than-expected rise in U.S. inflation for September partly tempered expectations of more aggressive Federal Reserve interest rate hikes. The U.S. Consumer Price Index rose 0.1 percent last month after climbing...