Blackstone Alum Doubles Down on Drone Startups After 600% IdeaForge Return
The largest single investor in IdeaForge Technology Ltd. is doubling down on India’s drone-making sector after an early
2023-08-01 17:24
Toyota Profit Tops Estimates, Sticks to Full-Year Forecasts
Toyota Motor Corp.’s quarterly profit exceeded estimates as improvements in supplies of semicondcutors and a cheap yen helped
2023-08-01 14:26
Singapore PM to Address Political Scandals in Parliament
Singapore’s Prime Minister Lee Hsien Loong will make a ministerial statement on the ongoing graft investigation involving Transport
2023-08-01 14:26
FTX Draft Bankruptcy Plan Seeks Cash Repayment, FTT Wipeout
FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims
2023-08-01 12:47
HSBC Announces Fresh Buyback as Higher Rates Propel Profits
HSBC Holdings Plc announced a new buyback program as higher interest rates stoke the bank’s profits. The London-based
2023-08-01 12:26
Economists Downgrade Hong Kong Growth Forecasts After GDP Miss
Economists are downgrading their forecasts for Hong Kong’s economic growth this year following worse-than-expected data for the second
2023-08-01 11:46
CVS to Cut About 5,000 Jobs in Cost-Reduction Push, WSJ Reports
CVS Health Corp. said it would cut about 5,000 jobs to help reduce costs, with most of the
2023-08-01 11:24
Global Pile of Negative-Yield Debt Driven Toward Zero by BOJ
The world’s stockpile of negative-yielding debt looks to be grinding toward extinction as the Bank of Japan eases
2023-08-01 10:53
World’s Biggest Market for Sub-$100 Million IPOs Booms in India
Small is beautiful in India’s market for initial public offerings after the disappointment of hyped mega-share sales. From
2023-08-01 10:53
China Pledges More Loan Support to Business to Spur Economy
China has pledged to boost credit to private companies and extend other funding measures to small firms as
2023-08-01 10:50
China’s Manufacturing Slumps, Dragging Down Asia Factories
China’s manufacturing contracted in July, rippling through factories across Asia and signaling any turnaround in the region could
2023-08-01 10:28
Country Garden Is Said to Cancel $300 Million Share Placement
Country Garden Holdings Co. canceled a HK$2.34 billion ($300 million) stock offering in the latest setback for one
2023-08-01 10:28