Saudi PIF, Holders to Offer 30% Stake in Ades IPO
Saudi Arabia’s sovereign wealth fund, ADES Investments Holding Ltd. and Zamil Group Investment Ltd. plan to sell shares
2023-08-28 15:22
Terry Gou Says Apple, Tesla Links Mean China Can’t Pressure His Business
Tech billionaire Terry Gou denied Beijing could pressure him through his extensive operations in the country, which include
2023-08-28 14:25
New Zealand Cuts Spending Plans as Downturn Strains Budget
New Zealand’s government is tightening its belt as a domestic recession and concerns about China’s faltering economy erode
2023-08-28 14:25
Fast Retailing Names New Uniqlo COO as It Grooms Next Leaders
Uniqlo owner Fast Retailing Co.’s global business head will become chief operating officer, as the retail giant grooms
2023-08-28 14:24
Siam Cement Scraps $2 Billion Chemical Unit IPO Amid Slump
Siam Cement Pcl, one of Thailand’s largest industrial conglomerates, scrapped a proposed initial public offering for its chemicals
2023-08-28 13:56
Singapore’s OCBC Restores Banking Services After Disruption
Singapore lender Oversea-Chinese Banking Corporation Ltd. said it has fully restored all services after a disruption affecting consumer
2023-08-28 13:46
Evergrande Delays Creditor Meetings on Restructuring Plans
China Evergrande Group delayed creditor meetings on its offshore-debt restructuring proposal just hours before they were to occur
2023-08-28 13:19
Japan Warns Citizens in China to Speak Quietly Amid Wastewater Backlash
Japan’s government warned its citizens to take precautions when visiting China, after reports of harassment in response to
2023-08-28 13:16
Electric Cars Pass a Crucial Tipping Point in 23 Countries
Convincing everyone to adopt a new technology can be a slog at first. The humble microwave oven, for
2023-08-28 12:58
Fortescue Iron Ore Chief Hick Exits as China Woes Hit Profit
Fortescue Metals Group Ltd. joined iron-ore mining peers in posting lower profits due to China’s economic downturn, and
2023-08-28 12:47
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
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