China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:59
Marcos Bid to Challenge China on Disputed Shoal Pressures US
Philippine President Ferdinand Marcos Jr. spent the first 15 months of his term working with the US and
2023-09-28 09:57
TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in
2023-09-28 09:51
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:45
Trump Judge Rejects Request to Step Aside From Election Case
US District Judge Tanya Chutkan refused to step down from the election-obstruction case in Washington against Donald Trump,
2023-09-28 07:58
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
2023-09-28 07:23
Exxon Barred From Trucking Oil From California Offshore Platform
Exxon Mobil Corp. won’t be able to revive oil platforms off the California coast by relying on trucks
2023-09-28 05:27
Facebook Co-Founder Andrew McCollum to Host Biden Fundraiser
Andrew McCollum, a co-founder of Meta Platforms Inc.’s Facebook, will host a fundraiser Wednesday in San Francisco for
2023-09-28 05:24
America's emergency oil reserve is at a 40-year low — and that could inflate oil prices, Goldman Sachs says
America's emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting Washington's ability to shield consumers from the fallout of Saudi Arabia's aggressive supply cuts, according to Goldman Sachs.
2023-09-28 01:45
China Investor Gloom on Property Reaches Record, Survey Finds
A record share of Chinese investors plan to cut their allocation in property over the next year, a
2023-09-27 23:25
Glencore and Seriti Weigh Job Cuts in South Africa Due to ‘Dire’ Train Situation
Glencore Plc and Seriti Resources Holdings Ltd. are in talks to cut hundreds of jobs in South Africa
2023-09-27 23:19
US durable goods orders beat expectations; core capital goods rebound
WASHINGTON (Reuters) -Orders for long-lasting U.S. manufactured goods rose in August as an increase in machinery offset a plunge in
2023-09-27 22:20