Chinese Developer Sino-Ocean Suspends Offshore Debt Payments
Chinese state-linked developer Sino-Ocean Group Holding Ltd. has suspended payment on all its offshore borrowings, citing tight liquidity,
2023-09-15 16:52
China Cuts Bank Reserve Requirements to Aid Fiscal Stimulus
China’s central bank cut the amount of cash lenders must hold in reserve for the second time this
2023-09-15 06:46
Surging Rice Prices Batter Bonds in Major Importer Philippines
The highest rice prices in 15 years are threatening to worsen inflation in the Philippines and pummel the
2023-09-14 14:17
Chip Designer Arm’s IPO Was Priced for Smooth Trading Debut
SoftBank Group Corp. satisfied its ambitions for Arm Holdings Plc by raising $4.87 billion in the year’s biggest
2023-09-14 11:59
National Australia Bank Will Shut Its Hong Kong Office
National Australia Bank Ltd. is planning to close its Hong Kong office and consolidate operations into mainland China,
2023-09-14 11:17
China’s Data to Show Economy Is Trying to Move Past the Worst
China’s economic activity likely improved in August, adding to a steady drip of clues that suggest the worst
2023-09-14 09:59
Goldman Sachs Dismisses Transaction Banking Chief Hari Moorthy
Goldman Sachs Group Inc. fired transaction banking executives including the head of the business, Hari Moorthy, over compliance
2023-09-14 07:50
Citi Plans Job Cuts as It Revamps Top Management Structure
Citigroup Inc. is preparing for a wave of job cuts as Chief Executive Officer Jane Fraser launches the
2023-09-14 03:15
Euro Zone Began Second Half of 2023 With Slump in Factory Output
The euro area began the second half of the year with a monthly slump in industrial production, adding
2023-09-13 17:46
Kazakh Elites Get Ultimatum: Invest at Home or Face Scrutiny
Kazakh business elites who haven’t revealed the source of their wealth and those with money stashed abroad have
2023-09-13 16:53
Asia Stocks Set for Cautious Open; Oil Holds Gains: Markets Wrap
Asian equities look set for a cautious open Wednesday as global markets gear up for a key inflation
2023-09-13 07:49
Fired HSBC Investment Banker Sues Alleging Anti-Jewish Bias
A former HSBC Holdings Plc US investment banking associate sued the bank, claiming he faced discrimination over his
2023-09-13 07:25