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Tencent on global path as it surpasses Facebook in valuation

HONG KONG China's biggest social network and gaming firm Tencent Holdings, which last week reported forecast-beating quarterly results, is close to making Malaysia the first foreign country to roll out its WeChat ecosystem, an executive told Reuters.

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U.S. sues to stop AT&T buying Time Warner, says would hike rates

WASHINGTON The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc , saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online video. | Video

Budget 2017, 5:46am IST

SoftBank funding may spur Uber to re-think tough Southeast Asian market

SINGAPORESoftBank Group's multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets the Japanese group owns in a consolidation of a rapidly growing business across Asia, industry sources say.

Bain Capital says WPP agrees to sell stake in Japan's Asatsu-DK

TOKYO Advertising giant WPP PLC has agreed to sell its stake in Japanese partner Asatsu-DK Inc (ADK) for 3,660 yen ($32.53) per share to Bain Capital LLC, the private equity firm said on Tuesday, heralding the end of a row over a buyout offer.

Budget 2017, Deals, Japan 9:58am IST

Yellen to leave Fed board once successor Powell sworn in

WASHINGTON Federal Reserve Chair Janet Yellen said on Monday she will resign her seat on the Fed's Board of Governors once Jerome Powell is confirmed and sworn in to replace her as head of the U.S. central bank.

Budget 2017, 2:01am IST

Amsterdam, Paris win post-Brexit EU agencies in lucky dip

BRUSSELS Amsterdam and Paris won the right to host two EU agencies that must leave London because of Brexit after an extraordinary ministerial meeting in Brussels that left both results decided by drawing lots from a fishbowl. | Video

World, Budget 2017, Economy 2:00am IST

Markets

  • Asia
  • U.S.
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Sensex 33,508.79 + 148.89 +0.45%
Nikkei 22,416.48 + 154.72 +0.70%
Hang Seng 29,538.51 + 278.20 +0.95%
EUR/INR 76.383 +0.02%
USD/INR 65.040 -0.08%
GBP/INR 86.191 +0.05%
Gold 1,274.60 +0.00 +0.00%
Oil 56.43 +0.01 +0.02%
Corn 344.00 -1.00 -0.29%

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