Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
2023-11-23 12:26
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
2023-08-17 14:54
Country Garden Faces $2.9 Billion of Bond Payments as Woes Mount
Country Garden Holdings Co. faces $2.9 billion in bond payments for the rest of the year, with the
2023-08-01 08:50
Asia’s Richest Families Fuel Race for Lucrative Finance Jobs
On a sweat-laced evening in June, while much of Hong Kong dug into supper, two dozen students snaked
2023-07-31 07:26
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:28
Nigerian Ouster of Central Bank Governor Seen as Market Positive
Markets are likely to respond positively to the weekend ouster of Nigeria’s central bank governor, which will allow
2023-06-11 22:15