China Banks Offer 25-Year Loans to LGFVs to Avert Credit Crunch
China’s biggest state banks are offering local government financing vehicles loans with ultra-long maturities and temporary interest relief
2023-07-04 09:23
Mizuho on US Hiring Spree With Underwriting Goal in Sight
Mizuho Financial Group Inc.’s securities arm is boosting hiring in the US as it seeks to cement its
2023-07-04 08:51
Oil Edges Higher After Saudi Arabia and Russia Curb Supplies
Oil rose modestly as traders assessed the latest salvo from OPEC+ kingpins Saudi Arabia and Russia to prop
2023-07-04 08:24
South Korea Inflation Cools in June, Backing BOK Extended Pause
South Korea’s inflation eased for a fifth month in June, bolstering the case for the central bank to
2023-07-04 07:16
Top-Ranked Fund Trims Japan Chip Stocks for Soap, Noodle Makers
A top-performing equity fund is pocketing gains on Japanese chipmakers to buy shares left behind during the market’s
2023-07-04 06:18
Mexico Remittances Hit Record High on Mother’s Day Celebrations
Mexico posted record remittances in May, fueled by a larger inflow of cash from abroad for celebrations around
2023-07-04 05:22
Chicago Pension Debt Rises to $35 Billion as Mayor Hunts for Fix
Chicago’s pension burden climbed last year after the city’s retirement funds lost money due to volatile markets, deepening
2023-07-04 04:53
Musk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest People
The world’s 500 richest people added $852 billion to their fortunes in the first half of 2023. Each
2023-07-04 03:26
Morgan Stanley Says Bill Dudley Is Wrong About the Bond Market
When it comes to the bond market, it’s Morgan Stanley vs Bill Dudley now. In their latest assessment
2023-07-04 01:18
Crypto Miners Are Selling Bitcoin With Prices Near One-Year High
Bitcoin miners, many of whom have traditionally held onto the cryptocurrency after creating the digital assets, have been
2023-07-04 01:15
Treasury Yield-Curve Inversion Approaches Multi-Year Extreme
A key segment of the US Treasury yield curve approached its most inverted level in decades Monday as
2023-07-03 22:58
Ambani’s Jio Unveils $12 Phone That Streams Video, Moves Money
Billionaire Mukesh Ambani’s group Monday announced an internet-enabled phone at an entry price of 999 rupees ($12) as
2023-07-03 22:56