Record Number of China LGFVs Overdue on Short Debt
China’s local government financing vehicles are showing more signs of stress, with a record number missing payments on
2023-08-07 15:16
China Health-Care Shares Plunge as Anti-Graft Campaign Widens
China’s health-care stocks slumped as sentiment took a hit after authorities widened an anti-graft crackdown on the sector.
2023-08-07 14:25
Saudi Oil Prices to Asia Point to Uneven Recovery Across Markets
Saudi Arabia’s latest oil pricing for Asian customers is pointing to an uneven recovery, with higher-density crudes outperforming
2023-08-07 14:19
Siemens Energy Reviews Wind Business on Seeing €4.5 Billion Loss
Siemens Energy AG is scrutinizing its wind business for a strategic reset after heavy costs related to ongoing
2023-08-07 13:29
Indonesia Economy Grows 5.17% in Second Quarter, Beats Estimates
Indonesia’s economic growth accelerated last quarter, defying the impact of higher interest rates, elevated prices and a commodity
2023-08-07 12:50
The Euro’s Masters Have Set the Economy for a Painful Reckoning
The euro zone’s custodians have set a course for the biggest policy-inflicted blow since the currency was created.
2023-08-07 12:25
Trucking Firm Yellow Goes Bankrupt as Debt, Labor Woes Pile Up
Yellow Corp. filed for bankruptcy after the trucking firm’s long-running financial woes were compounded by a dispute with
2023-08-07 11:20
China Bonds Are Obvious Winners With More Easing, Invesco Says
China’s sovereign bonds are an “obvious” trade as the central bank will ease monetary policy for at least
2023-08-07 10:25
Bain Capital Edging Closer to Chindata Take-Private Deal, Sources Say
Bain Capital is moving closer to a potential agreement to take Chindata Group Holdings Ltd. private, people familiar
2023-08-07 09:26
Albanese Warns on Indigenous Vote Failure as Poll Support Wanes
Prime Minister Anthony Albanese wanted the biggest annual festival of Indigenous Australians to re-ignite his legacy-defining referendum on
2023-08-07 08:46
Recession Worries Have Investors Buying Treasuries, Doubting Stocks
A clear majority of investors expect a US recession before 2024 is out, leading them to view the
2023-08-07 08:22
Britain’s Job Recruiters See a Jump in People Looking for Work
Britain’s red-hot labor market showed signs of loosening with recruiters reporting a strong jump in the number of
2023-08-07 07:27