Veteran Citigroup Banker Gidney to Retire After Almost 30 Years
Citigroup Inc.’s vice chairman of banking, capital markets & advisory for Australia, Jon Gidney, is leaving the firm
2023-08-28 12:15
Malaysia offers new incentives for Country Garden's $100 billion project
KUALA LUMPUR Malaysia will create a "special financial zone" in embattled Chinese developer Country Garden's $100 billion project
2023-08-28 11:52
Fortescue profit drops on Iron Bridge impairment charge; co-CEO to step down
By Roushni Nair and Melanie Burton (Reuters) -Australia's Fortescue on Monday reported a $1 billion pre-tax impairment charge associated with
2023-08-28 11:28
China’s Economic Slump Continues to Batter Old Economy Steel and Coal Sectors
China’s slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline
2023-08-28 11:16
Singapore's OCBC bank says it is facing technical problems
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it is facing technical problems with its systems
2023-08-28 10:57
China's Evergrande says losses narrowed by 50% in the first half of 2023 as shares plunge
Evergrande Group, the world's most indebted real state developer, has reported a significant narrowing in its net losses for the first half of the year, thanks to a rise in revenue because of "the short boom of the property market" earlier this year.
2023-08-28 10:56
BYD’s iPad-Making Arm Pays $2.2 Billion for Jabil China Unit
The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for
2023-08-28 10:55
Thailand's employment growth drops in Q2 as economy slows
BANGKOK Thailand's employment in the second quarter rose 1.7% from a year earlier, slowing from a 2.4% increase
2023-08-28 10:47
US Commerce Secretary Raimondo pledges to be 'practical' in working with China
US Commerce Secretary Gina Raimondo says she is visiting Beijing "with the spirit of being practical and finding concrete opportunities" to advance mutual interests at her Monday meeting with Chinese Commerce Minister Wang Wentao.
2023-08-28 10:45
Stake Sale, IPO Plans in Focus for Ambani’s Annual Speech
When Asia’s richest man Mukesh Ambani addresses shareholders on Monday, investors expect the billionaire to divulge more details
2023-08-28 10:22
China approves 37 retail funds to help revive market
SHANGHAI China's securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts
2023-08-28 10:00
Argentina Lifts Wages, Welfare in Defiance of IMF Austerity Push
Argentina’s Economy Ministry announced measures to improve government workers’ salaries and funnel money toward retirees and poorer families,
2023-08-28 09:59