Bankman-Fried in Custody After Bail Is Revoked Over Leaks
FTX co-founder Sam Bankman-Fried was taken into custody after a federal judge revoked his bail less than two
2023-08-12 04:26
Bill Gross Says 10-Year Treasuries Are ‘Overvalued’
Veteran bond investor Bill Gross reckons benchmark 10-year Treasury notes are “overvalued” at current levels. Speaking in an
2023-08-12 02:57
HK Narrows 2023 GDP Expectations as Recovery Loses Steam
Hong Kong is slightly less optimistic about its outlook for economic growth this year as the post-pandemic activity
2023-08-11 18:50
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:19
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
2023-08-11 17:52
China to Shift $139 Billion of Troubled LGFV Debt to Provinces
China will allow provincial-level governments to raise about 1 trillion yuan ($139 billion) via bond sales to repay
2023-08-11 11:59
Citigroup Names Kalra Head of Asia Commercial Bank in Singapore
Citigroup Inc. appointed a veteran of more than 20 years to lead its Asia-Pacific commercial bank operations from
2023-08-11 09:48
Newcrest Profits Slip 11% Ahead of Sector’s Biggest Deal
Newcrest Mining Ltd., Australia’s biggest gold producer, posted an 11% decline in full-year earnings as it prepares to
2023-08-11 09:46
Philippine Central Bank Head Cautions Against Quick Policy Pivot
Philippine central bank Governor Eli Remolona warned against “sudden reversals” of monetary policy when asked about the possibility
2023-08-11 09:29
Singapore Narrows GDP View After Second Quarter Growth Slows
Singapore narrowed its projection for 2023 growth after the economy fared worse than initially thought amid China’s faltering
2023-08-11 09:15
Oil’s Weekly Gain Fades as Market Watchers Wait for IEA Report
Oil was steady in Asia after declining almost 2% on Thursday ahead of a report from the International
2023-08-11 08:25
Thousands of Tiny Hedge Funds Face Closure in China Shakeup
China’s 6 trillion yuan ($832 billion) hedge fund industry is bracing for a historic shakeup that will likely
2023-08-11 08:25