China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:59
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:45
Oil Rally Gets Fresh Impetus From Shrinking Stockpiles at US Hub
Oil was propelled closer to the $100-a-barrel mark after stockpiles at the major US storage hub dropped to
2023-09-28 08:46
Trump Judge Rejects Request to Step Aside From Election Case
US District Judge Tanya Chutkan refused to step down from the election-obstruction case in Washington against Donald Trump,
2023-09-28 07:58
UK Risks Power Supply Crunch in January as Nuclear Plants Halt
The UK’s National Grid Plc is preparing for a possible power crunch in January as several planned nuclear
2023-09-28 07:54
London Price Cuts Boost UK Home Discounts to Highest Since 2019
London and southeast England are seeing the biggest UK home discounts as buyers across the country secure the
2023-09-28 07:52
Micron Slides After Predicting Steeper Loss Than Expected
Micron Technology Inc. fell in late trading after predicting a steeper loss than anticipated in the current quarter,
2023-09-28 07:18
Weight-Loss Drugs Pose Risks for People Over 65, Experts Say
It may come as a surprise, but not all weight loss is healthy. And one key question for
2023-09-28 02:50
China Investor Gloom on Property Reaches Record, Survey Finds
A record share of Chinese investors plan to cut their allocation in property over the next year, a
2023-09-27 23:25
US Mortgage Rate Climbs to 22-Year High of 7.41%, Curbing Demand
US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed
2023-09-27 19:55
Micron Set to Test Resolve of Fed-Rattled Traders
Micron Technology Inc. is set to provide one of the first tests for investors hoping that tech earnings
2023-09-27 18:55
China Property Stocks Slide to Lowest Since 2011 as Rout Extends
Chinese property stocks tumbled to their lowest levels since October 2011 as worries about liquidity and weak housing
2023-09-27 17:51