China Deflation Threat Grows as Companies Cut Prices to Survive
When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for
2023-08-08 10:54
Oil’s Hottest Trade Gathers Momentum as Key Spread Goes Negative
One of the hottest trades in the oil market this year is keeping on rolling, with the potential
2023-08-08 10:19
Bearish Bets on Country Garden Jump to Record as Doubts Grow
Short sellers are swarming over Country Garden Holdings Co. as the sixth-largest Chinese developer by sales faces increasing
2023-08-08 09:54
UBS Names Heads From Credit Suisse for Asia Global Banking Team
UBS Group AG reshuffled its Asia global banking division, appointing some senior Credit Suisse Group veterans to help
2023-08-08 09:15
Japan Stocks Slipping in MSCI Indexes as Weak Yen Offsets Rally
Japanese stocks have quickly run up to 33-year highs this year, but this hasn’t been enough to raise
2023-08-08 08:25
Moody’s Has More Gloomy View on US Banks Amid Several Strains
US banks including Capital One, PNC Financial Services Group and Fifth Third Bancorp had their debt-rating outlooks cut
2023-08-08 08:21
Australia Needs to Boost Sustainable Financing for Net Zero Goal
Australia will need to “substantially” boost financing for sustainable projects if the nation is to decarbonize its economy
2023-08-08 07:25
Jefferies Leads $1 Billion Loan for KKR’s Simon & Schuster Deal
KKR & Co. has lined up debt financing from a group of banks led by Jefferies Financial Group
2023-08-08 07:19
Thailand Pushes Yuan, Ringgit Use to Curb Impact of Baht Swings
Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb
2023-08-08 07:18
China’s Rare Russia Rebuke Doesn’t Mean Xi Is Ditching Putin
China last week unleashed some of its strongest criticism against Russia since Vladimir Putin invaded Ukraine. Yet any
2023-08-08 06:59
Rakuten Bank Sees Edge Over Rivals Once BOJ Ends Negative Interest Rates
Japanese online lender Rakuten Bank Ltd. says it’s better positioned than rivals to enjoy a profit boost when
2023-08-08 06:21
Palantir Raises Profit Forecast, Sets $1 Billion Buyback
Palantir Technologies Inc. raised its forecast for adjusted profit in 2023 and authorized a $1 billion share buyback
2023-08-08 05:46