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
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
Thai Economy Expands 1.8% Last Quarter, Missing Estimates
Thailand’s economy expanded at a slower pace than forecast, as a slump in exports and a political impasse
2023-08-21 10:45
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
China’s Low Births, Weaker Growth Cut Infant Formula Demand, Says A2
China’s falling birth rate and sluggish economic recovery are expected to cause a double-digit decline in the country’s
2023-08-21 09:54
Qantas Hit by Lawsuit Over Multibillion Dollar Travel Credits
Qantas Airways Ltd. was served with a class-action lawsuit by lawyers who allege the airline failed to refund
2023-08-21 09:49
US Insurance Giant Marsh Set for $448 Million Honan Deal
Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to
2023-08-21 09:28
BOJ’s Record-Bond Buying Is Driving Need for Yield-Curve Tweaks
The Bank of Japan is purchasing government bonds at a record pace this year, a factor that likely
2023-08-21 09:20