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11 Jan

Asian stocks, dollar steady as investors focus on Fed policy

Asian equities and the dollar struggled to find direction on Tuesday, with attention squarely on the timing and pace of U.S. monetary policy normalisation, but investors took some comfort from a late rebound in U.S. stock markets.

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11 Jan

China's Shimao says it has no deal to sell Shanghai plaza, shares slump

HONG KONG (Reuters) -Shares of Chinese property developer Shimao Group Holdings fell 5% in early Asian trading on Tuesday after it denied a media report that it has entered into a preliminary agreement to sell a Shanghai plaza.

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10 Jan

Trump challenges riot lawsuits, says fiery speech was official act

(Reuters) -Donald Trump's lawyer argued in court on Monday that the former president cannot be sued over his fiery speech before the deadly Jan. 6, 2021, attack on the Capitol because he was acting within the scope of his official presidential duties.

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11 Jan

China's Shimao Group in talks with buyers, may consider sale of some properties

China's Shimao Group Holdings said on Tuesday it was in talks with potential parties and may consider selling some properties to reduce its debt, a day after reports said it had put all of its real estate projects on sale.

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10 Jan

China’s Evergrande scrambles to avoid new default, Shimao hoists 'for sale' sign

HONG KONG/LONDON (Reuters) -China's property sector saw more drama on Monday after reports Shimao - investment grade-rated until a couple of months ago - had put all its projects up for sale, and Evergrande attempted to avoid another high-profile default.

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10 Jan

Meta delays office reopening, mandates booster shots for returning workers

Facebook parent Meta Platforms has delayed its U.S. office reopening date and mandated COVID-19 booster shots for employees returning to office, joining the growing list of companies revamping reopening plans as Omicron surges.

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10 Jan

WhatsApp co-founder Acton named Signal's interim CEO

Messaging app Signal's founder and Chief Executive Officer Moxie Marlinspike will step down and WhatsApp co-founder Brian Acton will become the interim CEO, Marlinspike said in a blog post on Monday.

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