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The WeWork problem people aren’t talking about that is spreading across the co-working world

The WeWork problem people aren’t talking about that is spreading across the co-working world

The number of co-working spaces worldwide is expected to hit 25,968 by 2022, an increase of 42% from 2019, says CoworkingResources. Yet there's been a huge shift as to whom these spaces are...

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Asia markets mixed as China’s October industrial production data misses forecasts

Asia markets mixed as China’s October industrial production data misses forecasts

Stocks in Asia were mixed in Thursday morning trade as U.S. Federal Reserve Chairman Jerome Powell indicated that interest rates were unlikely to change going forward.

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WeWork accounted for 69% of coworking space leases in third quarter, even as crisis loomed

WeWork accounted for 69% of coworking space leases in third quarter, even as crisis loomed

Far from slowing down after losing over $900 million in the first half of the year, WeWork's ambitions were only growing in the third quarter.

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Japan’s Nikkei surges 2% as Wall Street touches record highs

Japan’s Nikkei surges 2% as Wall Street touches record highs

A private survey of China's services sector showed activity slowing to a eight month low in October.

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SoftBank to take control of WeWork: Sources

SoftBank to take control of WeWork: Sources

The deal values WeWork between $7.5 billion to $8 billion, sources familiar with the matter say.

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SoftBank-backed Vir Biotechnology prices IPO at low end of expected range

SoftBank-backed Vir Biotechnology prices IPO at low end of expected range

Vir Biotechnology priced its initial public offering (IPO) at $20 a share on Thursday, at the bottom end of expectations, a fresh blow for SoftBank's Vision Fund, owner of 21% in the infectious...

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WeWork’s Neumann voted to oust himself as CEO after failed IPO, Reuters says

WeWork’s Neumann voted to oust himself as CEO after failed IPO, Reuters says

When WeWork's directors voted on Tuesday to oust Adam Neumann as chief executive after a failed attempt to take the office-sharing startup public, Neumann cast his vote against himself,...

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WeWork has a complex and costly business in China, which it cites 173 times in IPO filing

WeWork has a complex and costly business in China, which it cites 173 times in IPO filing

WeWork owns 59% of ChinaCo, its joint venture in China, where it has an expanding footprint.

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Asia shares trade higher as investors await Chinese inflation numbers, Japan GDP beats expectations

Asia shares trade higher as investors await Chinese inflation numbers, Japan GDP beats expectations

Investors are keeping a close watch on China's inflation rate for the month of July, due to be released around 9:30 a.m. HK/SIN on Friday.

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Asia stocks mostly slip with US-China trade talks set to resume this week

Asia stocks mostly slip with US-China trade talks set to resume this week

Stocks in Asia mostly slipped in Monday morning trade as U.S.-China negotiations resume in Beijing later this week amid low expectations for a major breakthrough.

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