Alibaba Cloud Eyes State Firms for Up to $3 Billion Funding
Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises
2023-09-05 11:26
Country Garden Enters Final Hours of Dollar Bond Grace Period
Chinese developer Country Garden Holdings Co., one of the world’s most-indebted builders, is entering the final hours of
2023-09-05 10:27
Singapore Laundering Case Exposes Gaps in Illicit Money Defenses
A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund
2023-09-05 08:54
Korea’s Inflation Speeds Up, Keeping Door Open to Rate Hike
South Korea’s inflation outstripped forecasts in August partly on the back of higher energy costs, reinforcing the case
2023-09-05 08:49
Mercedes CEO Changes Tune on China as ‘Economic Wonder’ Stalls
When Germany last convened its biennial car show, Ola Källenius couldn’t have sounded more bullish about China. Mercedes-Benz
2023-09-05 07:57
Debt Crisis Threatens to Engulf China’s Surviving Developers
China’s housing crisis has engulfed the country’s private developers, producing record waves of defaults and leaving a shrinking
2023-09-05 06:46
Spain’s Calvino Would Welcome End of ECB Rate-Hike Aggression
Spanish Deputy Prime Minister Nadia Calvino said she’d welcome an immediate end to European Central Bank rate hikes.
2023-09-05 01:59
Pemex Gets Billions for Debt Payment in Mexico Draft Budget
The Mexican government’s draft budget for next year includes a capital allocation to Petroleos Mexicanos to pay maturing
2023-09-05 01:55
Here’s What to Watch in European High-Yield Bonds
Europe’s high-yield bond market is off to a subdued start in September with the US closed for Labor
2023-09-05 00:47
Lithium Miner Says Mali Stops Direct Shipping Ore Operations
Australian miner Leo Lithium Ltd. said Mali has suspended operations of unrefined lithium ore from its Goulamina project,
2023-09-04 20:55
Iran Slows Uranium Production After Secret Diplomacy
Iran slowed its production of near weapons-grade uranium in recent months, the latest in a series of signals
2023-09-04 20:52
Kazakh Central Banker Replaced by Top Presidential Official
Kazakh President Kassym-Jomart Tokayev dismissed Galymzhan Pirmatov as central bank governor and named Timur Suleimenov to replace the
2023-09-04 20:49