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
Australia’s No. 2 Pension Says Rates May Be High Until 2025
Australia’s second-largest pension fund said the nation’s borrowing costs could stay elevated until as late as 2025, arguing
2023-08-17 14:18
ECB’s Kazaks Says Any Additional Rate Hikes Would Be Very Small
Any additional interest-rate increases by the European Central Bank won’t be big, according to Governing Council member Martins
2023-08-17 13:54
Starmer’s UK Labour is ‘Too Timid,’ Predecessor Corbyn Says
Former Labour leader Jeremy Corbyn urged his successor Keir Starmer to offer a bolder set of policies to
2023-08-17 12:26
Mexico Candidate Ebrard Says AMLO’s Party Favors Rival
Mexico’s former foreign minister Marcelo Ebrard, a leading contender to win the presidency next year, accused his own
2023-08-17 11:28
Evergrande Unit Says It’s Being Probed by China Watchdog
The mainland China unit of giant developer China Evergrande Group said the country’s securities regulator has built a
2023-08-17 11:18
Tencent Revenue Disappoints in Warning for China Tech Sector
Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it
2023-08-17 10:53
Ken Griffin Reshaped Law Banning Chinese Real Estate Purchases
When Florida Governor Ron DeSantis pushed through an anti-China crackdown in his state earlier this year, he won
2023-08-17 09:21
Asia Stocks Extend Declines on Fed, China Concerns: Markets Wrap
Shares in Asia fell Thursday after a selloff in US stocks and bonds as investors digested hawkish signals
2023-08-17 08:53
RBNZ’s Orr Says Mild Recession ‘Bare Minimum’ to Tame Inflation
New Zealand central bank Governor Adrian Orr said a mild recession would be the “bare minimum” before policymakers
2023-08-17 08:29
China’s Housing Slump Is Much Worse Than Official Data Shows
Judging by China’s official statistics, the nation’s housing market has been remarkably resilient in the face of tepid
2023-08-17 07:57
China Is Headwind for US, Global Economy, Treasury Official Says
US Deputy Treasury Secretary Wally Adeyemo said China’s economic issues are proving to be a headwind for the
2023-08-17 05:52