Edition:
India

Sumeet Chatterjee

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

12 Apr 2018

Exclusive: Walmart close to buying majority of Flipkart, deal likely by end-June - sources

HONG KONG/MUMBAI Walmart Inc is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two people with direct knowledge of the matter said. | Video

30 Mar 2018

Exclusive: China taking first steps to pay for oil in yuan this year - sources

HONG KONG/BEIJING China is taking its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar, three people with knowledge of the matter told Reuters, a key development in Beijing's efforts to establish its currency internationally.

20 Mar 2018

Foreign insurers gain in China amid scrutiny of riskier local products

HONG KONG When Zhang Xixi, a 25-year-old staffer at an online financial company in China's southern province of Guangdong, decided last year to buy personal insurance for the first time, he was swamped with options.

14 Mar 2018

China sovereign fund exits Blackstone investment after 11 years

HONG KONG China's sovereign wealth fund China Investment Corp (CIC) has sold its equity holding in Blackstone Group LP , the U.S. private equity firm said in a filing, ending an 11-year investment.

08 Mar 2018

Prudential's Malaysia unit in stake sale talks with pension fund as regulatory deadline looms

HONG KONG/SINGAPORE Prudential PLC's Malaysian unit is in talks with the country's No.2 pension fund to sell a 30 percent stake, valued at about $435 million, said people with knowledge of the matter, as overseas insurers race to comply with new foreign ownership rules.

08 Mar 2018

CLSA eyes Southeast Asia push with $10 billion Manila airport project

HONG KONG CLSA, the offshore platform of Chinese investment bank CITIC Securities , is working on the finance for a new $10 billion airport in Manila as part of its push into Southeast Asia and China's ambitious Belt and Road initiative.

05 Mar 2018

China plans new share issue option to bring tech giants home

HONG KONG China may allow its offshore-listed tech giants to sell a form of shares on the mainland, people with knowledge of the plan said, in a move that would pit Shanghai and Shenzhen against Hong Kong in the battle to host the country's tech giants.

02 Mar 2018

China's latest conglomerate crackdown casts dealmaking shadow

HONG KONG When news broke this week that the chairman of CEFC China Energy, an acquisitive conglomerate, was being investigated for economic crimes, one particular group gulped - dealmakers involved with Chinese companies.

02 Mar 2018

China's HNA Group aims to sell up to $1.4 billion stake in Park Hotels

HONG KONG Chinese conglomerate HNA Group plans to sell some or all of its 25 percent stake in Park Hotels & Resorts, the U.S. hotel chain said in a filing, potentially reaping up to $1.4 billion to help tackle its liquidity crunch.

27 Feb 2018

StanChart resumes dividend payout as 2017 profit soars

HONG KONG/LONDON Standard Chartered Plc resumed paying dividends after posting a six-fold jump in annual pretax profit on Tuesday, but weaker-than-expected revenue figures dampened any celebration from investors. | Video

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