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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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
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.
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.
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.
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
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