China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
2023-06-05 17:56
Vietnam's power blackouts hit multinationals' manufacturing hubs
By Khanh Vu and Francesco Guarascio HANOI Vietnam's rolling power cuts have hit industrial parks in the country's
2023-06-05 17:48
Daiwa Says Staff Freely Using ChatGPT, Plans Tech Hiring Boost
Daiwa Securities Group Inc. employees are widely using an artificial intelligence-powered chatbot in Japan, as the nation’s second-largest
2023-06-05 17:24
China Bonds at Center of Crisis Fears Are Posting Surprise Gains
For all the concern about a debt crisis facing China’s local governments, the bonds most exposed to a
2023-06-05 17:24
Germany Lines Up €50 Billion to Help Heavy Industry Go Green
Germany plans to help energy-intensive manufacturers transition to climate-neutral technologies with roughly €50 billion ($53.4 billion) in subsidies.
2023-06-05 17:24
Exclusive-Crypto giant Binance controlled ‘independent’ U.S. affiliate’s bank accounts
By Angus Berwick and Tom Wilson LONDON - A senior Binance executive was the main operator for five bank accounts
2023-06-05 17:19
Eurozone investor mood darkens due to 'problem child' Germany, survey finds
BERLIN Investors got more gloomy on prospects for the euro zone economy in June, dragged down by negative
2023-06-05 16:57
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Turkey’s inflation decelerated to the slowest since 2021 as President Recep Tayyip Erdogan made good on a promise
2023-06-05 16:56
BlackRock Lured Back to UK Bonds by Yields That Tower Over Peers
BlackRock Inc. and other large money managers are dipping back into the UK’s battered debt market, lured by
2023-06-05 16:29
German engineering orders back to double-digit drop in April - VDMA
BERLIN German engineering companies' order books fell significantly in April, reversing the "small ray of hope" seen in
2023-06-05 16:27
Euro zone business growth slowed in May as factories struggled-PMI
LONDON Euro zone business activity was shored up last month by the bloc's dominant services industry offsetting a
2023-06-05 16:23
Swiss Underlying Inflation Gauge Slows Below SNB 2% Ceiling
A measure of underlying inflation in Switzerland slowed more than expected to below the central bank’s ceiling, giving
2023-06-05 16:18