China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:23
Country Garden Shares, Bonds Sink as Holders Yet to Get Coupons
Chinese developer Country Garden Holding Co.’s stock and bonds plunged as noteholders said they haven’t received coupon payments
2023-08-08 16:16
Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:49
Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
2023-08-08 15:46
Italian Stocks Lead Losses in Europe After Windfall Tax on Banks
European stocks fell after Italy surprised investors with a new tax on bank profits, sending lenders’ shares plunging.
2023-08-08 15:24
India parliament debates no-confidence motion against PM Modi's government
PM Narendra Modi's government won't lose the no-confidence vote as it has a clear majority in parliament.
2023-08-08 15:15
Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:58
LNG Japan Agrees $880 Million Deal to Join Giant Gas Project
LNG Japan Corp. agreed a deal worth as much as $880 million for a stake in a giant
2023-08-08 14:51
Glencore Mid-Year Profit Plunges 50% as Commodity Prices Retreat
Glencore Plc reported a steep drop in first-half profit and slashed returns to its shareholders after disappointing Chinese
2023-08-08 14:28
Bayer Lowers Revenue Forecasts for Crops and Drugs Units
Bayer AG reduced its sales forecasts for its crop science and pharma divisions this year, accounting for the
2023-08-08 14:26
China’s Trade Plunges More Than Forecast in Blow to Recovery
China’s trade plunged in July as slowing global demand clouded the outlook for exports, while domestic pressures weighed
2023-08-08 14:21
China Stocks in Hong Kong Drop During Growing Economic Strains
Chinese stocks in Hong Kong tumbled as disappointing trade data added to investor concerns about the strength of
2023-08-08 14:17