Evergrande Units to Be Key Part of Revised Debt Plan, Rep Says
China Evergrande Group will look to use shares of its subsidiaries as key components in any further debt-restructuring
2023-10-30 17:52
PetroChina’s Profit Rises as Output Offsets Lower Oil Prices
PetroChina Co.’s profits rose 21% in the third quarter as increased output offset headwinds from lower oil prices
2023-10-30 17:46
ECB’s Kazimir Says Rate-Cut Bets for First Half 2024 Misplaced
European Central Bank Governing Council member Peter Kazimir said investor wagers on reductions in borrowing costs before mid-2024
2023-10-30 17:27
Swedish Economy Stagnates as Rate Hikes Weigh on Output
Sweden’s economy was stagnant last quarter, as rising borrowing costs and growing unemployment hurt spending in the Nordic
2023-10-30 17:22
Spanish Inflation Quickens to Highest Since April on Electricity
Spanish inflation accelerated for a fourth month, hitting the highest level since April and supporting calls to prolong
2023-10-30 16:53
SNB Will No Longer Pay for Deposits Held to Meet Reserve Needs
The Swiss National Bank is cutting the amount of money commercial lenders can get by parking funds at
2023-10-30 16:50
HSBC Plans $3 Billion Share Buyback, CEO Touts Capital Strength
HSBC Holdings Plc announced a fresh buyback program and hinted at the potential for further returns to investors
2023-10-30 16:27
Quants With $23 Trillion See AI Takeover Even as They Hold Back
The financial world’s computer-loving crowd is preparing for the dawn of a new AI-powered era — but that
2023-10-30 16:24
Morgan Stanley’s Wilson Sees Year-End Stock Rally as Unlikely
Investors hoping for a boost to stocks by the end of the year will be disappointed, according to
2023-10-30 15:50
Citadel’s Griffin Flies Asia-Based Staff to Disney in Tokyo
Billionaire Ken Griffin paid for some 1,200 Asia-based staff and family members to travel to Tokyo’s Disney resort
2023-10-30 15:47
China’s Hot-and-Sour Noodle Chain Picks Banks for Hong Kong IPO
Chinese hot-and-sour noodle chain Maliuji has selected banks for a potential initial public offering in Hong Kong that
2023-10-30 15:25
Dubai’s RTA Seeks About $300 Million From Taxi IPO
Dubai Taxi Corp., a unit of the emirate’s transport authority, is seeking to raise about $300 million from
2023-10-30 15:20