China Opens Probes Into Embattled Shadow Banking Giant Zhongzhi
Chinese authorities said they opened criminal investigations into the money management business of embattled shadow banking giant Zhongzhi
2023-11-26 00:46
German Business Outlook Reaches Six-Month High in Sign of Hope
Germany’s business outlook improved for a third month in November, pointing to an impending recovery for an economy
2023-11-24 17:23
Namibia’s Oil Company Strikes Gunvor Deal After Record Loss
Namibia’s state oil company signed a supply deal with Gunvor Group Ltd. after reporting an “unprecedented” loss because
2023-11-24 15:18
Xi Tolerance for Property Pain Nears Limit as Rescue Takes Shape
China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance
2023-11-24 09:56
A Coal-Powered Industrial Boom Is Testing Indonesia’s Green Ambitions
In a heavily forested district in Indonesia’s portion of the island of Borneo, excavators and an army of
2023-11-24 07:19
Shorting Ban Drives South Korea Stock Bears to Futures Market
South Korea’s equity market may be heading for more turbulence as investors place bearish bets on single stock
2023-11-24 07:16
Milei’s Economic Team Led by Former Head of Argentina Central Bank
Argentina’s former central bank chief Luis Caputo, who helmed the monetary authority during part of Mauricio Macri’s government,
2023-11-24 02:19
OPEC+ Says Delayed Meeting Will Be Held Online
The OPEC+ meeting that was pushed back by several days to Nov. 30 will now be held online,
2023-11-23 22:46
UAE Tightens Scrutiny on Russian Firms Amid Pressure From US
Russian firms based in the United Arab Emirates are coming under greater scrutiny from local banks as the
2023-11-23 22:19
China Weighs Unprecedented Builder Support With First-Ever Unsecured Loans
China may allow banks to offer unsecured short-term loans to qualified developers for the first time, people familiar
2023-11-23 15:46
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
Israel’s $48 Billion War Bill Leaves It at Mercy of Bond Markets
When a team of Israeli technocrats that calls itself the “government’s CFO” scans the battlefield with the war
2023-11-23 12:25