Adani to Buy Sanghi in First Big Deal Post-Hindenburg
Indian billionaire Gautam Adani’s Ambuja Cements Ltd. will buy a majority stake in Sanghi Industries Ltd. as the
2023-08-02 13:15
US Ratings Downgrade Casts Spotlight on AAA Ones Standing
The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto
2023-08-02 12:57
Venture of Ex-HKEX Boss Tops $1 Billion Valuation in New Round
The two-year-old company co-founded by Charles Li, the former boss of the Hong Kong stock exchange, was valued
2023-08-02 12:29
Japan Insurers Sink on Concerns Over Suspected Price Fixing
A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion
2023-08-02 12:28
EU and Turkey Discuss Easing Trade Relations Amid Warmer Ties
The European Union and Turkey are discussing an update of their customs union as part of the country’s
2023-08-02 12:21
To Catch a Trader: How Banks Got Raided in Hunt for Tax Cheats
The police were staked out. The second hand swept 12. Allez — go! Two squads descended near the
2023-08-02 12:19
Oil Rises After Industry Report Points to Massive Inventory Draw
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to
2023-08-02 11:53
China’s Spy Agency Takes to WeChat in Espionage Crackdown
China’s powerful spy agency made a public call on social media for citizens to join its anti-espionage drive,
2023-08-02 11:50
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:50
California Teachers’ Pension Keeps Shrinking Its Exposure to China
China fell out of the top 12 ranking of the California State Teachers’ Retirement System based on country
2023-08-02 11:48
Superconductor Breakthrough Buzz Spurs China, Korea Tech Rally
Claims about a breakthrough in superconductor technology that could revolutionize the power, transportation and chip industries have sparked
2023-08-02 11:28
Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:27