Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
2023-07-26 10:46
Top Battery-Maker CATL’s Profit Soars 63% Amid EV Sales Boom
Chinese battery maker Contemporary Amperex Technology Co. Ltd.’s quarterly profit soared, powered by rising electric-vehicle sales globally and
2023-07-26 10:29
L’Occitane Owner Said to Mull Buyout of $4.2 Billion Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge
2023-07-26 09:53
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:26
Bitcoin Retreat Puts Crypto’s 2023 Lead Over Stocks in Jeopardy
The crypto market’s once-handsome 2023 lead over stocks is cracking as Bitcoin holds a retreat below $30,000. The
2023-07-26 02:24
European Stocks on Longest Winning Streak Since Jan; Miners Jump
European shares rose for a sixth straight day, the longest streak since January, as miners rallied on China
2023-07-25 23:47
China Names Pan Gongsheng as New Central Bank Governor to Revive Economy
China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution
2023-07-25 19:16
Buffett Lifts Fossil Fuel Bets as Global ESG Push Mints Bargains
Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector
2023-07-25 17:55
Israeli Assets Extend Slump as Investors Mull Judicial Bill
Israeli assets declined Tuesday as investors mulled a bill passed by parliament that will weaken the power of
2023-07-25 16:59
ECB Hiking Sends Corporate Loan Demand Down by Most on Record
Demand for loans among companies in the euro zone plunged by the most on record in the second
2023-07-25 16:20
Norway Industrial Confidence Hits Weakest Level Since Pandemic
Norway’s industrial sentiment worsened last quarter to its lowest level since the pandemic, in a sign that manufacturers
2023-07-25 15:19
Paragon Flags Disruption in Buy-to-Let Market: The London Rush
A recent surge in mortgage rates has led to fewer applications for buy-to-let products, Paragon said in a
2023-07-25 15:15