China Junk Bonds Suffer Worst Slide of 2023 as Defaults Mount
China’s high-yield dollar bonds suffered their sharpest three-day selloff this year, with a fresh default from a state-backed
2023-07-19 17:51
US Says Soldier Fled to North Korea After Facing Expulsion
North Korea detained a US soldier who intentionally crossed the border from South Korea in an apparent effort
2023-07-19 16:15
China Names Ex-Intelligence Official as HK Security Chief
China named a former top official from its secret intelligence agency the new head of Beijing’s national security
2023-07-19 13:23
Western Alliance Sees Higher Costs on Deposits, Borrowings
Western Alliance Bancorp reeled in more deposits in the second quarter — at a cost. The bank’s interest
2023-07-19 05:55
Morgan Stanley’s Dealmaking, Trading Businesses Dent Earnings
Morgan Stanley rose the most in six months after company executives said the worst may be over for
2023-07-18 22:29
Anwar Says Geely to Invest $10B in Malaysia Auto Hub, Bernama Reports
Chinese automaker Zhejiang Geely Holding Group Co. declined to confirm whether it plans to invest $10 billion in
2023-07-18 18:55
Singapore Passport Is World’s Most Powerful, Replacing Japan
Singapore has replaced Japan for having the world’s most powerful passport, allowing visa-free entry to 192 global destinations,
2023-07-18 18:50
ECB Member Klaas Knot Calls Hiking Beyond July ‘At Most a Possibility’
European Central Bank Governing Council member Klaas Knot said monetary tightening beyond next week’s meeting is anything but
2023-07-18 16:28
BlackRock Names CEO of World’s Biggest Oil Producer to Its Board
BlackRock Inc. has named Saudi Aramco Chief Executive Officer Amin Nasser to its board, underscoring the asset manager’s
2023-07-18 16:15
China’s New Consumption Plan May Do Little to Boost Growth
China released a plan to boost household spending on everything from electric appliances to furniture as economic growth
2023-07-18 15:25
Scandals Taint Singapore’s Clean Image Complicating Succession
Singapore’s ruling party has long relied on its reputation for clean governance to win elections and attract capital
2023-07-18 13:59
China Developer Bonds on Cusp of Distress After Wanda Surprise
A gauge of Chinese high-yield dollar debt fell to the cusp of distress after one of the most
2023-07-18 11:24