
Rakuten to Issue New Shares to Raise Up to $2.2 Billion, Sources Say
Rakuten Group Inc. plans to issue new shares to raise ¥332.2 billion ($2.4 billion) to shore up capital
2023-05-16 14:53

LME Fights to Regain Trust After Last Year’s Nickel Crisis
The embattled London Metal Exchange is still trying to rebuild faith in its nickel contract after an epic
2023-05-16 14:50

Rate-Cut Bets Are Surfacing Across Emerging Asia on Policy Pivot
Traders accustomed to aggressive interest-rate hikes across Asia are now seeking to gauge when the region’s central banks
2023-05-16 13:54

Morgan Stanley Weighs Cutting 7% of Asia Investment Bank Jobs
Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest
2023-05-16 13:48

India Central Bank Expected to Consider Dividend Payout Friday
The Reserve Bank of India’s board will meet on Friday, when it is expected to consider a dividend
2023-05-16 13:45

Foreign Investors Miss Out on Best China Bond Rally of 2023
Global investors resumed selling China bonds on a net basis in April, missing out on the best rally
2023-05-16 12:59

The Popsicle That’s Taking Over the Middle East
In Dubai, there are traps set for parents across town — in malls, at beaches and five-star resorts
2023-05-16 12:58

Wells Fargo to Pay $1 Billion in Class-Action Suit, WSJ Reports
Wells Fargo & Co. agreed to pay $1 billion to shareholders as it seeks to settle a class-action
2023-05-16 11:57

China’s Economic Recovery Worries Mount as Data Disappoints
China’s consumer spending and industrial activity grew at a slower pace than expected in April, adding to signs
2023-05-16 11:20