China Steps Up Policing of Multinationals Over Sovereignty

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China Steps Up Policing of Multinationals Over Sovereignty

China is stepping up its policing of international companies such as Inditex SA-owned Zara and Delta Air Lines Inc. and demanding they respect the government's position on long-standing territorial disputes from Taiwan to Tibet. The Cyber Administration Office in Shanghai on Friday said Zara listed
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Brexit Deal Means Checks on Irish Border, Fitch's BMI Says

The U.K.'s exit from the European Union will probably mean some sort of customs checks will return to the Irish border, despite Theresa May's assurances, a Fitch Ratings Ltd. unit said. In an effort to unlock divorce negotiations, May last month guaranteed no hard border will re-emerge on the island of
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China's Top Movie Ticketing App Said to Plan $1 Billion IPO

Hong Kong is forecast to see a revival in new listings this year, after fundraising from first-time share sales fell to a five-year low of $16.5 billion, data compiled by Bloomberg show. The city is expected to host 150 IPOs in 2018, headlined by some significant technology offerings, Benson Wong, a partner
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Trump Rebuff of Immigration Deal Adds Deadline Pressure

The struggle for an immigration deal is intensifying after President Donald Trump rejected a bipartisan compromise proposal and questioned why the U.S. accepts immigrants from “shithole countries.” The debate is turning into a three-way skirmish, as a small group of senators offered the compromise
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Tencent in a TKO Against Alibaba

Then again, Bloomberg News reports that early trading for this new issue saw Tencent's bond prices rise — and thus yields tighten — which is to be expected, since companies like to sell at a rate that gives a certain amount of upside. We see this often in equity markets, when a share price spikes post-IPO
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