Factbox-Five facts about China asset manager whose troubles fanned spillover fears
BEIJING/SHANGHAI A liquidity crisis at one of China's top asset managers Zhongzhi Enterprise Group has fuelled worries that
2023-08-17 18:50
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While ChatGPT may have taken the news media by storm, it's far from the only
2023-08-17 16:50
Chinese asset manager eyes restructuring to ease liquidity crunch amid contagion fears
By Jason Xue and Clare Jim SHANGHAI/HONG KONG Faced with a liquidity crisis, Zhongzhi Enterprise Group will conduct
2023-08-17 15:16
Singapore arrests 10 foreigners, seizes S$1 billion assets in money laundering probe
SINGAPORE Singapore police have arrested 10 foreigners for alleged money laundering and forgery offences, in a case involving
2023-08-17 11:54
Change the Channel: Linear TV Viewership Dips Below 50% for First Time
Years of the cord cutting that cable-TV executives used to insist wasn’t really happening have
2023-08-17 10:54
Fitch downgrades Ecuador's foreign currency rating deeper into junk
Global ratings agency Fitch downgraded Ecuador deeper into junk territory on Wednesday, citing financing risks arising from a
2023-08-17 07:25
Fed officials fretted US inflation might not cool further unless economy slows down
Federal Reserve officials weren't convinced that inflation will continue to slow without seeing the US economy and the tight labor market also cool, according to minutes from their July policy meeting released Wednesday.
2023-08-17 02:17
What are 'Big Short' Michael Burry and Warren Buffett seeing that we aren't?
The S&P 500 index is up nearly 17% year to date, and the Nasdaq composite is more than 30% higher. Americans keep spending money, unemployment is low, the Federal Reserve may soon pause its painful interest rate hikes as inflation rates steadily — albeit slowly — come down.
2023-08-16 21:21
US single-family housing starts surge in July
WASHINGTON U.S. single-family homebuilding surged in July amid an acute shortage of previously owned houses, but mortgage rates
2023-08-16 20:53
Canada July housing starts slip by 10%- CMHC
Canadian housing starts slipped by 10% in July compared with the previous month, which had produced the strongest
2023-08-16 20:51
China will strengthen policy coordination to meet growth target - state media
BEIJING China will strengthen the coordination of various policies to boost growth and meet this year's economic target,
2023-08-16 20:25
Target's sales fall for first time in six years
Target's quarterly sales fell for the first time in six years as consumers pulled back on home goods, clothing and other discretionary goods. Target has also been embroiled in the political culture wars over gender and sexual orientation.
2023-08-16 18:57