Evergrande Said to Have Proposed New Debt Plan, Reuters Says
China Evergrande Group has proposed a new debt restructuring plan for offshore bondholders, Reuters reported citing two people
2023-11-01 15:46
Asia Factories Grapple With High Costs Amid Israel-Hamas War
Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher,
2023-11-01 11:27
El Niño Is Biggest Wildcard for World’s Most Consumed Edible Oil
Cooking oil traders are meticulously sifting through weather maps and production data for Indonesia in a quest for
2023-11-01 11:18
Prada Sales Slow Despite Strong Miu Miu Label Performance
Prada SpA’s sales slowed as the Italian fashion company experiences a cutback in luxury demand that other competitors
2023-11-01 10:55
South Korean Exports Return to Growth in Boost to Outlook
South Korea’s exports rose for the first time since late last year in a positive sign for the
2023-11-01 10:53
Moutai Shares Jump After First Price Increase in Six Years
Kweichow Moutai Co. will increase prices for its signature drinks for the first time in six years as
2023-11-01 10:25
AMD’s AI Optimism Helps Investors Look Past Tepid Forecast
Advanced Micro Devices Inc. said a new AI chip will generate $2 billion in sales next year, fueling
2023-11-01 07:57
Australia’s Top Three Inflation Drivers Beyond RBA’s Control
Australian inflation is being driven by climate change, geopolitical shocks and government policies — factors typically beyond the
2023-11-01 07:53
Sarepta Seeks Broader Approval for Gene Therapy Even After Drug Trial Fizzled
Normally when a drug fails to show a clear effect in a final-stage trial, the company developing it
2023-11-01 07:15
AB Inbev Says Profit Still on Track After US Transgender Row
Anheuser-Busch InBev NV kept its annual profit forecast and announced a $1 billion share buyback, even as US
2023-10-31 16:58
Gene Therapy for Kids’ Deadly Muscle Disease Fails to Reach Trial Goal
Roche Holding AG shares dropped after a trial of its gene therapy for Duchenne muscular dystrophy did not
2023-10-31 16:57
Spain Weighs Buying Telefonica Stake to Counter Saudi Deal
The Spanish government is considering buying a stake in Telefonica SA following Saudi Telecom Co.’s plan to become
2023-10-31 16:53