
KKR, JIC Shortlisted for Fujitsu’s $2.7 Billion Stake in Shinko Electric, Sources Say
Apollo Global Management Inc., Bain Capital and KKR & Co. are among suitors shortlisted in the bidding for
2023-08-03 08:55

DBS Sees Higher Margin After Quarterly Profit Tops Estimates
DBS Group Holdings Ltd., Southeast Asia’s largest bank, signaled improving margins in the second half of this year
2023-08-03 08:51

California Teachers’ Pension Keeps Shrinking Its Exposure to China
China dropped to the 19th place on the California State Teachers’ Retirement System ranking of country asset exposure,
2023-08-03 08:51

China Spooks Commodity Traders With Probe Into Suspicious Deals
Chinese authorities are intensifying a crackdown on some commodities transactions they view as offering little economic benefit, leading
2023-08-03 08:27

Morgan Stanley Says Take Profits on China, Downgrades Shares
Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a
2023-08-03 07:47

Fitch Downgrades Fannie Mae and Freddie Mac One Notch to AA+
Fitch Ratings downgraded the credit scores of Fannie Mae and Freddie Mac to AA+ from AAA, a day
2023-08-03 07:22

Bank of England May Slow Pace of UK Rate Hikes
The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the
2023-08-03 07:16

Qualcomm Slides as Smartphone Slump Drags On; Job Cuts Planned
Qualcomm Inc., the largest maker of smartphone processors, fell as much as 8.2% in late trading after giving
2023-08-03 06:57

RB Global Replaces CEO Fandozzi Amid Compensation Dispute, Sources Say
RB Global Inc., formerly known as Ritchie Bros. Auctioneers Inc., is appointing a new chief executive officer to
2023-08-03 06:47

Asia Stocks to Fall as US Shares, Treasuries Drop: Markets Wrap
Asian equity futures fell after heavy selling in US stocks and long-dated Treasuries as investors digested data showing
2023-08-03 06:45

K-pop Fans Are Fighting Big Coal to Protect Beach Made Famous by BTS
As heavy rains pummeled South Korea last month, K-pop fans braved stormy conditions to stage a protest on
2023-08-03 06:29

Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:16