Chinese Builder Powerlong Defaults on Dollar-Bond Payment
Chinese builder Powerlong Real Estate Holdings Ltd. has defaulted on one of its dollar bonds as it struggles
2023-11-30 12:17
Morgan Stanley China Real Estate Banker Lida Ren Leaves Company
Lida Ren, Morgan Stanley’s real estate investment banker focused on China, has left the US firm amid a
2023-11-30 12:16
Toyota’s Shareholdings Total $110 Billion as It Starts Selloffs
Toyota Motor Corp. holds ¥16.3 trillion ($110 billion) worth of publicly listed shares, underscoring the strength of its
2023-11-30 11:55
Musk Says Neuralink Has Never Caused the Death of a Monkey
Elon Musk has reasserted his statement that his brain implant startup Neuralink Corp. had never caused the death
2023-11-30 11:26
Modi’s GIFT City Gears Up For Direct Listings, Re-Insurance
Gujarat International Finance Tec-City, India’s newest financial hub and a flagship project of Prime Minister Narendra Modi, is
2023-11-30 11:15
Alibaba’s Value Dips Below Upstart PDD’s in Landmark for China
Alibaba Group Holding Ltd. is set to lose its position as China’s most valuable e-commerce firm to eight-year-old
2023-11-30 10:50
Cigna’s Humana Play Could Benefit From Sale of Medicare Business
Cigna Group’s potential tie-up with Humana Inc. would almost certainly face the kind of tough antitrust scrutiny that
2023-11-30 10:18
China’s Factory Activity Shrinks Again in Sign of Recovery Woes
China’s manufacturing activity contracted again in November while a gauge of the services sector shrank for the first
2023-11-30 09:59
OpenAI Will Add Microsoft as Board Observer, Plans Governance Changes
OpenAI said that Sam Altman was officially reinstated as chief executive officer of the company and it has
2023-11-30 09:54
Bank of Korea Holds Policy Rate, Raises Inflation Forecasts
The Bank of Korea held its key interest rate steady for a seventh straight meeting and raised its
2023-11-30 09:20
Tata Technologies to Boost Hot India IPO Market on Trading Debut
India’s busy market for initial public offerings is set to get a boost as shares of Tata Technologies
2023-11-30 09:19
Thailand Flags Baht Volatility, High Household Debt
Interest rates in emerging economies trailing their advanced peers, including the US, is boosting currency volatility and posing
2023-11-30 08:45