China Property Recovery Proves Short-Lived as Industry Contracts
China’s property industry contracted again in the second quarter after a short-lived expansion in the previous three months,
2023-07-18 10:51
Evergrande Pushes Restructuring After Posting $81 Billion Loss
China Evergrande Group is seeking to complete one of the country’s biggest debt restructurings after posting a combined
2023-07-18 10:51
Temu Accuses Fast Fashion Leader Shein of Bullying Suppliers
Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats
2023-07-18 10:28
Wall Street Banks’ Residential Mortgages Face US Mandates Exceeding Global Standards
US bank regulators are set to release their plans next week for a sweeping overhaul of capital rules,
2023-07-18 10:20
Philippines’ Marcos Signs Sovereign Wealth Fund Bill Into Law
Philippine President Ferdinand Marcos Jr. on Tuesday signed into law a bill creating a sovereign wealth fund, marking
2023-07-18 09:57
Ken Griffin Purchases Palm Beach Property for $83 Million
Billionaire Ken Griffin snapped up a property on Palm Beach’s Worth Avenue for $83 million, located next to
2023-07-18 09:48
Oil Holds Two-Day Drop as China Angst Offsets Russia Export Cuts
Oil steadied in Asia — after dropping almost 4% over the previous two sessions — as concerns over
2023-07-18 09:22
Gold Steady as Traders Mull Sluggish China Growth, Fed Rate Path
Gold held steady for a second day, with investors weighing the impact of a sluggish Chinese economic recovery
2023-07-18 09:22
Tokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes Globe
Temperatures in central Tokyo have soared to nearly 9C (16F) above the seasonal average, as the extreme heat
2023-07-18 08:48
Australia’s Victoria State Cancels Hosting of 2026 Commonwealth Games
The Australian state of Victoria has pulled out of hosting the 2026 Commonwealth Games after costs blew out
2023-07-18 08:19
UK Food and Drink Makers Cut Prices for First Time Since 2020
Food and drink manufacturers cut their prices in June for the first time in more than three years,
2023-07-18 07:56
UK’s Working Parents Face a Crisis of Child Care This Summer
Britain’s government is desperately trying to convince working parents of young children to rejoin the workforce by making
2023-07-18 07:51