Philippines Moves Closer to Wealth Fund Plan With Senate Nod
The Philippines moved a step closer to establishing a sovereign wealth fund after the Senate approved the bill,
2023-05-31 15:53
Turkish Economic Growth Accelerates, With Risk of Slowdown Ahead
Turkey’s economy expanded faster than expected at the start of the year, bolstered by pre-election spending and strong
2023-05-31 15:50
Mexico Coke Bottler Femsa Sells €3.3 Billion Heineken Stake
Mexican Coca-Cola bottler Femsa sold about €3.3 billion of its shares in the Heineken Group, divesting its stake
2023-05-31 15:47
French Inflation Slows More Than Expected to Weakest in Year
French inflation eased more than anticipated, reaching its lowest level in a year in a boost to those
2023-05-31 15:21
Handelsbanken to Sell Most of Finnish Unit for €1.3 billion
Swedish lender Svenska Handelsbanken AB has taken a major step toward exiting Finland after it struck agreements to
2023-05-31 15:20
Thailand Raises Key Rate to 8-Year High to Win Inflation Fight
Thailand’s central bank raised its benchmark interest rate to the highest level in eight years to anchor inflation
2023-05-31 15:15
Sky-High Hedge Costs Push Big Japan Insurers to Riskier Avenues
Japan’s biggest life insurers have ramped up their use of longer-dated currency hedges to a record to escape
2023-05-31 14:55
Credit Suisse Notified by NYSE It’s Not Meeting Listing Rules
Credit Suisse Group AG said that it’s been notified by the New York Stock Exchange that it’s no
2023-05-31 14:50
Japan’s Second-Biggest Brokerage Weighs Purchase of M&A Boutique
Daiwa Securities Group Inc. will consider acquiring “strong boutique” firms in mergers and acquisitions, as it joins rivals
2023-05-31 14:48
Singapore Sees Record Clampdown on Oil Ships as Dark Fleet Grows
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the
2023-05-31 14:26
Macquarie Said to Weigh Sale of $2 Billion Korean Gas Firm
Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2
2023-05-31 14:19
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:15
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