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UBS Asset Management Increases Stake in Nio, Becoming a Top Institutional Investor

UBS Asset Management Increases Stake in Nio, Becoming a Top Institutional Investor

UBS Asset Management Increases Stake in Nio, Becoming a Top Institutional Investor

TPG Consortium Leads Kakao Mobility's U.S. ADR Listing to Facilitate Investor Exit and Boost Valuation

TPG Consortium Leads Kakao Mobility's U.S. ADR Listing to Facilitate Investor Exit and Boost Valuation

TPG Consortium Leads Kakao Mobility's U.S. ADR Listing to Facilitate Investor Exit and Boost Valuation

Gilead yanks out a thorn in its side in major court ruling

Gilead yanks out a thorn in its side in major court ruling

A federal appeals court just handed Gilead Sciences (GILD) a legal win that extends into the company's revenue. The decision blocks a group of companies from importing cheaper foreign versions of Gilead's top HIV drug and selling them to American patients. For a company that relies heavily on a ...

Global shares slip as worries about rising oil prices offset boost from strong earnings

Global shares slip as worries about rising oil prices offset boost from strong earnings

Global shares are mostly lower, as rising oil prices and worries about inflation weigh on investor sentiment

Bank of America names new Asia Pacific industrials banking leadership team, memo says

Bank of America names new Asia Pacific industrials banking leadership team, memo says

Aug 19 (Reuters) - Bank of America has appointed Yuta Komori as chair of Asia Pacific Global Industrials Investment Banking (GIG), while naming Meng Gao and Masashi Toda as co-heads of the group, according to an internal memo reviewed by Reuters on Wednesday.

Bond yields rise, oil extends gains as US-Iran ceasefire expires

Bond yields rise, oil extends gains as US-Iran ceasefire expires

By Gregor Stuart Hunter SINGAPORE, Aug 18 (Reuters) - Bond yields climbed on Tuesday to their highest in decades, with oil prices rising for a third day and stocks under pressure in Asian trade as a U.S.-Iran truce expired and Tehran threatened to adopt a "fully offensive" military posture.

Trading Day: Bonds play the blues

Trading Day: Bonds play the blues

By Jamie McGeever ORLANDO, Florida, Aug 17 (Reuters) - Long-dated government bond yields around the world rose on Monday to levels not seen in decades. This weighed on stocks, which were also pressured by deepening skepticism around a U.S.-Iran peace deal and oil prices rising to a six-week high.

Shares in Chinese humanoid robot maker Unitree soar in Shanghai trading debut

Shares in Chinese humanoid robot maker Unitree soar in Shanghai trading debut

Shares of Unitree, one of China's largest humanoid robot makers, have soared as much as 629% in its public stock trading debut in Shanghai

Citi to Launch Bitcoin Custody Services for Institutional Clients

Citi to Launch Bitcoin Custody Services for Institutional Clients

Citi to Launch Bitcoin Custody Services for Institutional Clients

Lucid Motors Unveils Gravity GT-S SUV, Claiming World's Fastest Seven-Seater Title

Lucid Motors Unveils Gravity GT-S SUV, Claiming World's Fastest Seven-Seater Title

Lucid Motors Unveils Gravity GT-S SUV, Claiming World's Fastest Seven-Seater Title

Trump crypto firm backs venture offering AI from restricted Chinese companies

Trump crypto firm backs venture offering AI from restricted Chinese companies

By Lawrence Delevingne BOSTON, Aug 17 (Reuters) - President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial-intelligence models developed by Chinese companies the U.S. administration has flagged for national security concerns.

Waymo Imports 3,200 Chinese-Built EVs for Robotaxi Fleet Despite High U.S. Tariffs

Waymo Imports 3,200 Chinese-Built EVs for Robotaxi Fleet Despite High U.S. Tariffs

Waymo Imports 3,200 Chinese-Built EVs for Robotaxi Fleet Despite High U.S. Tariffs