Pimco Is Selling Hung Debt It Bought From Banks for a Premium
Pacific Investment Management Co. spent some of last year scooping up debt that banks couldn’t sell at knock-down
2023-10-20 19:27
VinFast Inks $1 Billion Share Sale Pact With Yorkville Advisors
VinFast Auto Ltd. has agreed to sell as much as $1 billion worth of new shares to Yorkville
2023-10-20 19:26
China Tightens Export Controls on Battery-Making Graphite
China strengthened export controls on some categories of graphite, a key material in electric vehicle batteries, in a
2023-10-20 18:00
South Korea to Seek Alternative Graphite Source if Shortage Hits
South Korea’s trade minister said his country is prepared to look for alternative sources of graphite if China’s
2023-10-20 17:49
Adani Refinances $3.5 Billion in One of Asia’s Biggest Loans
Billionaire Gautam Adani-controlled Adani Group has completed a $3.5 billion funding package to refinance debt used to purchase
2023-10-20 17:18
Economists Boost US Growth Projections, Reduce Recession Odds
Economists raised their US growth projections through early 2024 and trimmed recession odds to a one-year low as
2023-10-20 16:53
India’s Biggest City Gas Stock Nosedives on Delhi’s New EV Policy
Indraprastha Gas Ltd., India’s largest city gas distributor by revenue, is heading for its worst day in more
2023-10-20 16:50
China Continues Nuclear Buildup With 500 Warheads, US Says
China continues efforts to modernize, diversify and expand its nuclear arsenal, with about 500 operational warheads today and
2023-10-20 16:16
UK Borrowing on Track to Undershoot as Inflation Boosts Tax
An inflation-induced tax boom has left UK government borrowing on track to come in significantly below official forecasts
2023-10-20 15:56
BOE Governor Says UK Pay Growth Is Still Too High for Comfort
Bank of England Governor Andrew Bailey said pay growth is still too high to be consistent with getting
2023-10-20 15:16
UK Retail Sales Fall More Than Expected in Spell of Warm Weather
UK retail sales tumbled more than expected as unusually warm weather deterred shoppers from spending on clothes for
2023-10-20 14:58
Europe Car Sales Extend Winning Streak on Large Order Backlogs
European auto sales maintained double-digit growth in September despite higher interest rates raising the cost of acquiring a
2023-10-20 14:58