China's Country Garden suspends trading of onshore bonds amid talk of debt restructuring
Country Garden, one of China's top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.
2023-08-14 15:53
Google-backed Anthropic raises $100 million from South Korea's SK Telecom
SEOUL South Korea's largest telco SK Telecom said it will invest $100 million in U.S. artificial intelligence firm
2023-08-14 10:47
Country Garden shares slump to record low after onshore bond trading halted
HONG KONG (Reuters) -Shares of China's Country Garden plunged more than 12% on Monday morning after the real estate company
2023-08-14 10:27
Behind Indonesia’s 5% Growth Lies a Less Rosy Economic Picture
Indonesia’s growth performance last quarter is poised to top most of its peers in Southeast Asia, but its
2023-08-14 09:26
Miss Universe cuts ties with Indonesia organiser accused of sexual harassment
JAKARTA The Miss Universe Organization said it was cutting ties with its Indonesian franchisee and cancelling this year's
2023-08-13 13:17
Prominent investors rekindle affection for Amazon in Q2 as stock price jumps
By Svea Herbst-Bayliss NEW YORK Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity
2023-08-12 06:57
Biden administration to invest $1.2 billion in projects to suck carbon out of the air
The Biden administration will announce on Friday its first major investment to kickstart the US carbon removal industry -- something energy experts say is key to getting the country's planet-warming emissions under control.
2023-08-11 17:26
Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default
One of China's biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country's embattled real estate sector.
2023-08-11 14:21
Country Garden shares hit record low on loss forecast, restructuring fears
By Clare Jim HONG KONG (Reuters) -Shares of China's largest private property developer Country Garden plunged to a record low
2023-08-11 11:25
UnitedHealth’s $3.29 Billion Deal for Home-Health Care Provider Gets Antitrust Review
UnitedHealth Group Inc.’s $3.29 billion takeover of Amedisys Inc. will undergo an in-depth antitrust review by the Department
2023-08-11 05:23
US inflation ticks higher in July on housing costs
The rate of price growth rose to 3.2% in July but analysts said the underlying picture showed progress.
2023-08-10 22:51
Serial fraudster Mark Acklom freed from Spanish jail, court told
Mark Acklom was jailed in the UK for conning an ex-partner of £300k and then extradited to Spain.
2023-08-10 21:52