Evergrande Units to Be Key Part of Revised Debt Plan, Rep Says
China Evergrande Group will look to use shares of its subsidiaries as key components in any further debt-restructuring
2023-10-30 17:50
PetroChina’s Profit Rises as Output Offsets Lower Oil Prices
PetroChina Co.’s profits rose 21% in the third quarter as increased output offset headwinds from lower oil prices
2023-10-30 17:46
SNB Will No Longer Pay for Deposits to Meet Reserve Needs
The Swiss National Bank is cutting the amount of money commercial lenders can get by parking funds at
2023-10-30 16:55
Quants With $23 Trillion See AI Takeover Even as They Hold Back
The financial world’s computer-loving crowd is preparing for the dawn of a new AI-powered era — but that
2023-10-30 16:19
HSBC Plans $3 Billion Share Buyback, CEO Touts Capital Strength
HSBC Holdings Plc announced a fresh buyback program and hinted at the potential for further returns to investors
2023-10-30 16:18
Citadel’s Griffin Flies Asia-Based Staff to Disney in Tokyo
Billionaire Ken Griffin paid for some 1,200 Asia-based staff and family members to travel to Tokyo’s Disney resort
2023-10-30 15:48
Surprisingly Strong Australia Retail Sales Cement Hike Bets
Australian retail sales surpassed expectations in September, an outcome that will likely boost the central bank’s confidence that
2023-10-30 11:22
Sumitomo Mitsui Trust Said to Cut Profit Target; Shares Drop
Sumitomo Mitsui Trust Holdings Inc. plans to halve its profit forecast for the current fiscal year to around
2023-10-30 11:15
Oil Drops After Israel’s Gaza Ground Offensive Starts Cautiously
Oil fell after Israel committed military forces to Gaza with a more cautious approach than it initially vowed,
2023-10-30 10:50
More China companies buyback shares as Beijing seeks to stabilise market
SHANGHAI More than 30 Chinese listed companies unveiled share buyback and purchase plans over the weekend while major
2023-10-30 10:24
Buy China Shares, Sell Firms Lifted by Weak Yen, Says Top Fund
A top-performing Asia stock picker is pocketing gains in Japanese exporters on bets the yen’s tumble is nearing
2023-10-30 08:54
Ringgit Bulls Watch Central Bank Support as Neighbors Hike Rates
Investors in the Malaysian ringgit are hoping the nation’s central bank will step in to support the currency
2023-10-30 08:50