Rupee Outperforms EM Asia Peers Even as It Nears Record Low
The Indian rupee is within a whisker of a record low, but it’s still a favored emerging-market currency
2023-08-21 13:57
Warehouse Costs Rise 10% With London Most Expensive Globally
London is the most expensive city in the world for warehouse space as rent increases continue to outpace
2023-08-21 13:27
SBB CFO Quits in New Blow to Troubled Swedish Property Owner
SBB, the landlord at the center of Sweden’s property crisis, suffered yet another setback after its chief financial
2023-08-21 13:24
Summer of angst as bond yields surge and global stocks wobble
Cracks are forming in a global stocks rally, with surging bond yields, rising energy prices and intensified worries
2023-08-21 13:15
Citi Weighs Institutional Clients Group Split as Ybarra Exits, FT Reports
Citigroup Inc. Chief Executive Officer Jane Fraser is weighing a plan to break up the company’s biggest unit
2023-08-21 12:58
Chinese Stock Rout Sparks Buying Pledges by Mutual Funds
Some of China’s largest mutual fund houses have promised to buy their own equity-focused products, heeding calls from
2023-08-21 11:56
Australia Eyes Three Lost Years of Commodities Sales to China
Three years of trade curbs have gutted Australia’s exports to China across a bunch of commodities, from luxury
2023-08-21 11:24
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:22
Goldman Cuts China Stock Targets on Renewed Property Concerns
Chinese stocks will settle in a lower trading range than previously expected until Beijing introduces more forceful policy
2023-08-21 10:59
Jakarta Sends Civil Servants to Work From Home to Clear Smog
Jakarta’s civil servants will work from home for two months as the government seeks to clear air pollution
2023-08-21 10:55
Guatemalans Elect Anti-Graft Campaigner Arévalo in a Landslide
Anti-graft campaigner Bernardo Arévalo won Guatemala’s presidential election in a landslide after pledging to weed out the “systemic
2023-08-21 10:51
Chinese Banks Disappoint With Smaller Lending Rate Cuts
Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference
2023-08-21 10:26