China Asks Some Big Banks to Cap Rates on Short-Term Funding
China told a handful of nationwide lenders to cap interest rates on interbank funding, people familiar with the
2023-11-17 09:21
FDIC Scuttles Meeting on Bank Fees as Pressure Mounts on Chair
A Federal Deposit Insurance Corp. meeting on Thursday to vote on how to refill the deposit insurance fund
2023-11-17 06:55
Carbon-Capture Firm Deep Sky Gets $55 Million of New Capital
A Canadian startup raised $55 million from venture capital firms and governments to begin a carbon-capture plant in
2023-11-17 02:51
Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:50
Kenya Gets Additional $938 Million From IMF
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:59
Palo Alto Networks Slips After Missing Billings Estimate
Cybersecurity firm Palo Alto Networks Inc. tumbled after missing Wall Street estimates for billings in its fiscal first
2023-11-16 06:26
ECB Sends Stark Warning to Bank Executives With ESG Regulation
The European Central Bank wants finance executives to know they’ll be held to account for the industry’s continued
2023-11-15 17:47
US, UK Lead Pledge to Triple Nuclear Power by 2050 at COP28
The US will lead a push at the COP28 climate summit to triple the amount of installed nuclear
2023-11-15 16:26
China Property Slump Deepens as Beijing Mulls More Stimulus
The contraction in China’s home sales and property investment both deepened in October, a steeper downturn that may
2023-11-15 13:57
Wanda Pre-IPO Backers Reject Initial Offer for Repayment Delay
Investors in Dalian Wanda Group Co.’s mall unit have turned down an initial proposal by the Chinese conglomerate
2023-11-15 10:24
China’s Economic Activity Mixed as Beijing Steps Up Support
China’s economic activity was mixed in October as consumer spending and industrial output picked up, while investment growth
2023-11-15 10:22
China Pumps Cash Into Banking System to Support Stimulus Funding
China injected cash into the banking system with one-year policy loans for a 12th straight month, as funding
2023-11-15 09:51