China Mulls New Property-Market Support Package to Boost Economy
China is working on a new basket of measures to support the property market after existing policies failed
2023-06-02 17:17
Debt-Limit Deal Clears Congress, Ending Threat of US Default
The Senate passed legislation to suspend the US debt ceiling and impose restraints on government spending through the
2023-06-02 16:56
With no more Covid restrictions, Asia's drug cartels are thriving, UN report warns
The synthetic drug trade in Asia is roaring to "extreme levels," with crime groups establishing new trafficking routes to evade enforcement crackdowns and methamphetamine prices hitting fresh lows, according to a new report released Friday.
2023-06-02 12:19
Senate Fails to Strip Manchin Pipeline Deal From Debt Bill
An amendment to strip language from the debt-ceiling bill expediting approval of a multi-billion-dollar natural gas pipeline failed
2023-06-02 11:29
Now Seen as an AI Stock, SoftBank Is Set for Its Best Week in Three Years
SoftBank Group Corp. is on track for the best weekly gain since March 2020 as analysts and investors
2023-06-02 11:15
Hillhouse Hires Ex-Deutsche Bank’s Hari for Private Credit
Asia-based asset manager Hillhouse has hired Deutsche Bank AG’s Siddhartha Hari to help expand private credit investments, according
2023-06-02 10:52
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
A $5.4 billion rally in K-pop stocks looks set to power on, as a growing global fanbase fuels
2023-06-02 10:48
K-pop Giant Hybe to Raise About $380 Million for US Deals
Hybe Co., the South Korean music agency behind BTS and Ariana Grande, is seeking to raise around 500
2023-06-02 09:52
Investors Zero In on China Local Debt Blowup as Top Risk in Asia
Investors across Asia earmarked China’s ballooning levels of municipal borrowing as the region’s number one financial risk this
2023-06-02 08:26
Economists See More Chance of Near-Term BOJ Change Than Markets
Economists appear to see a greater possibility of the Bank of Japan adjusting policy in the near-term than
2023-06-02 07:47
Peltz’s Son-in-Law, Trian Co-Founder Ed Garden to Leave Firm
Trian Fund Management, the activist investment fund led by billionaire Nelson Peltz, is losing co-founder Ed Garden as
2023-06-02 06:45
Biden Plans to Tap Mandy Cohen for CDC Director, Replacing Walensky
President Joe Biden intends to nominate Mandy Cohen, North Carolina’s former health secretary who led the state’s response
2023-06-02 06:22