China Junk Bonds Suffer Worst Slide of 2023 as Defaults Mount
China’s high-yield dollar bonds suffered their sharpest three-day selloff this year, with a fresh default from a state-backed
2023-07-19 17:51
Nigerian Central Bank Is Losing a Battle to Close Naira-Rate Gap
Nigeria’s official currency exchange rate is once again widening a gap with the parallel-market rate, shrugging off a
2023-07-19 17:45
UK Property Rental Prices Rise at the Fastest Pace Since 2016
Rents paid by private tenants in the UK increased by 5.1% in the year to June — the
2023-07-19 17:45
Move over, bitcoin: El Salvador sovereign bonds not done rallying
By Rodrigo Campos NEW YORK Investors in El Salvador international bonds are relishing 60% returns this year alone
2023-07-19 17:29
Biden's White House is taking on corporate mergers, landlord junk fees and food prices
The Biden administration is proposing new guidelines for corporate mergers, taking steps to disclose the junk fees charged by landlords and launching a crackdown on price-gouging in the food industry
2023-07-19 17:18
Russia launches intense nighttime attacks across Ukraine, targeting the southern port city of Odesa
Ukrainian officials say Russia has launched an intense series of nighttime air attacks using drones and missiles against targets across Ukraine
2023-07-19 17:18
Heatwave: Italy's major cities on red heat alert
Parts of Sardinia and Sicily will be the hottest in Europe with highs of 46C or 47C.
2023-07-19 16:54
Chinese e-retailer Temu files lawsuit in US against rival Shein, alleging antitrust violations
Chinese e-commerce retailer Temu has filed a lawsuit accusing its rival Shein of violating U.S. antitrust law by blocking clothing manufacturers from working with Temu
2023-07-19 16:52
Pita Limjaroenrat: Thai reformist leader suspended from parliament
The leader of the progressive Move Forward party has seen his already slim hopes of becoming PM dashed.
2023-07-19 16:21
Consolidation in wealth management industry to accelerate, Citi survey finds
By Xie Yu HONG KONG Consolidation within the global wealth management sector will speed up while managers continue
2023-07-19 16:20
Sweden Property Woes Spread as Housing Starts Data Worsens
An indicator of Sweden’s residential construction activity declined to the lowest level in almost nine years, contrasting with
2023-07-19 16:18
Australia's Westpac splits consumer and business banking unit into two
Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with
2023-07-19 15:59