Xerox weighing takeover offer for HP: WSJ

The Straits Times | Nov 6, 2019 at 4:54 AM

Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer giant HP Inc at a premium to its market value of about US$27 billion (S$36.7 billion), the Wall Street Journal reported, a deal that could combine two of the biggest American names in office hardware.

Moody’s warns Yes Bank of rating downgrade

Money Control | Nov 6, 2019 at 3:55 AM

Global ratings agency Moody’s on November 6 placed private sector lender Yes Bank’s ratings under review for downgrade, further confounding the pains for the lender that has been dogged by many an issue since the past one year.

Cross-border yuan usage jumps 20% in Jan-Sept on capital market opening – c.banker

Financial Post | Nov 6, 2019 at 3:19 AM

Cross-border usage of China’s yuan currency exceeded 14 trillion yuan ($2.00 trillion) during the January-September period, up 20% from a year earlier, a central bank official said on Wednesday.

More sources
  • Cross-border yuan usage jumps 20% in Jan-Sept on capital market opening - c.banker (Reuters: Nov 6, 2019 at 3:17 AM)
  • Cross-border yuan usage jumps 20% in Jan-Sept on capital market opening - c.banker (Reuters: Nov 6, 2019 at 2:20 AM)