By Mathieu Rosemain PARIS (Reuters) - French bank Societe Generale reported a better-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more weakness at its retail bank and in fixed-income ...

(Reuters) -Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will acquire its venture capital business, SVB Capital. A newly-created entity, backed by permanent capital from ...

By Summer Zhen HONG KONG (Reuters) - Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note.

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks surged to their highest in 15 months on Friday led by tech and Hong Kong stocks, while the yen put more distance from recent 34-year lows to cap a tumultuous week that saw suspected intervention ...

By Yimou Lee and Angie Teo TAIPEI (Reuters) -Earthquake warning smartphone apps have surged in popularity in Taiwan due to high demand from people eager to get a few extra seconds to take cover after more than 1,300 aftershocks rattled the island in ...

By Laila Kearney (Reuters) -Oil prices edged up on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for the steepest weekly losses in three months on demand uncertainty and easing tensions in the Middle ...

By Rae Wee and Ankur Banerjee SINGAPORE (Reuters) -The yen was headed for its best week in more than a year on Friday, helped by Tokyo's suspected intervention this week to pull the Japanese currency away from 34-year lows, which also left the dollar ...

(Reuters) -U.S. investment management company Global Infrastructure Partners and Canada's pension fund CPP Investments are nearing a deal to buy clean energy company Allete, and a deal could be announced soon, a source familiar with the matter told ...

MILAN (Reuters) - Luxury sports car maker Ferrari has unveiled two new models, the 12Cilindri and the 12Cilindri Spider, appealing to lovers of its most powerful roaring petrol engines. The two cars, showcased at an event in Miami on Thursday ...

By Devayani Sathyan BENGALURU (Reuters) - Australia's central bank will hold its key policy rate at 4.35% for a fourth straight meeting on Tuesday and at least until end-September, according to a Reuters poll of economists who forecast just one ...