Toshiba is set to delist in Japan after 74 years as part of $14 billion deal
Toshiba said on Thursday that a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success — a deal which paves the way for the embattled industrial conglomerate to go private.
2023-09-21 15:22
Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024
Goldman Sachs economists said they now expect the U.S. Federal Reserve to begin its interest rate-cutting cycle in
2023-09-21 14:56
Analysis-China's economic woes embolden calls for deeper reforms
By Kevin Yao BEIJING China's economic slowdown is polarising government advisers over the best way forward, with advocates
2023-09-21 14:47
Carry Trades Play Catch Up in Asia as Other EM Regions Go Dovish
Emerging Asian currencies have been less attractive than most of their global peers as carry-trade targets over the
2023-09-21 14:20
Sell The Pound Is Analysts’ Mantra With BOE Hike Bets in Doubt
A surprise easing in UK inflation has handed pound bears a boost, and some analysts see more losses
2023-09-21 14:19
Ex-Morgan Stanley Prime Broker Plans $3 Billion Hedge Fund
Kurt Baker, a Millennium Management alumnus and former head of Morgan Stanley’s Asia prime brokerage, is seeking nearly
2023-09-21 13:57
Signs of Egypt’s Inflation Slowing Point to Rate Hold
Signs that record Egyptian inflation is finally starting to slow may prompt the central bank to keep interest
2023-09-21 13:51
Unprofitable China EV Maker Nio Unveils Phone Pitched at Drivers
While Chinese tech companies have long harbored ambitions to move into the electric car industry, EV upstart Nio
2023-09-21 13:47
South Africa Set to Hold Rates, Keep Hawkish Bias
South Africa’s central bank is set to keep interest rates steady for a second straight meeting, while hinting
2023-09-21 13:46
Best-Performing Africa Currency Gets a Boost From Gambia Tourism
Gambia’s currency is poised to extend its run as Africa’s best-performing currency this year, supported by stronger remittance
2023-09-21 13:46
Stocks retreat, US yields advance, dollar strengthens on hawkish Fed
By Xie Yu HONG KONG Asian stocks followed Wall Street's lead on Thursday, dipping across the board as
2023-09-21 13:22
New Thai PM Vows to End Free Use of Cannabis a Year After Lifting All Controls
Thailand’s new prime minister vowed to restrict the use of marijuana for medical purposes after thousands of weed
2023-09-21 13:21