Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
By Anirban Sen and Andres Gonzalez NEW YORK/LONDON Global mergers and acquisitions (M&A) activity fell 36% year-on-year in
2023-06-30 11:29
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:23
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:20
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not
2023-06-30 11:19
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:26
Yen weakens past key 145 per dollar level; yuan falls after China PMI data
By Rae Wee SINGAPORE The yen weakened past 145 per dollar on Friday, a level which kept speculators
2023-06-30 10:23
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:51
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
2023-06-30 08:18
UK Business Confidence Rebounds to a 13-Month High, Lloyds Says
UK business confidence rose to a 13-month high in June as firms shrugged off another Bank of England
2023-06-30 07:24
China’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy Fix
It was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back
2023-06-30 07:24
Asia Stocks Set for Muted Open After Bond Selloff: Markets Wrap
Asian stocks were set for a mixed open to the last day of the quarter on Friday following
2023-06-30 06:47
US FDA Uncovers Fresh Faults at India’s Second-Biggest Drugmaker
US Food and Drug Administration officials found multiple faults at a plant run by one of India’s biggest
2023-06-30 05:25