Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
2023-05-25 11:18
Chile Central Bank Tightens Credit Conditions, Citing Higher Global Risk
Chile’s central bank raised capital requirements on financial institutions, tightening credit conditions amid concern over the risk a
2023-05-25 00:57
Korea Space Race Heats Up as North and South Plan Launches
The two Koreas are in a space race. The North is upgrading its space center to accommodate the
2023-05-24 15:45
Wanda Is Said to Mull Sale of 20 Malls in Wealthy Parts of China
Dalian Wanda Group Co. is weighing the sale of as many as 20 shopping malls in wealthy areas
2023-05-24 13:58
Asia Reopening Stocks Slump on China Covid Wave, US Macro Worry
Asian travel and retail stocks fell amid concerns on the latest wave of Covid in China as well
2023-05-24 13:20
Sony Prepares ‘Aggressive’ Cloud Gaming Push in Coming Months
Sony Group Corp. is gearing up for a push into cloud gaming in the coming months as it
2023-05-24 09:18
Sabia to Be Named Hydro-Quebec CEO, Leaving Finance Role
Quebec’s government has chosen former financial executive Michael Sabia as the next chief executive officer of Hydro-Quebec, according
2023-05-24 08:27
Lula Lashes Out and Sends Warning to Central Bankers Everywhere
There are few, if any, leaders in the world who are publicly lashing out at central bankers more
2023-05-24 07:25
China Buys More Australian Coal as Appetite for Quality Builds
Australian coal continues to make inroads among Chinese buyers, adding to pressure on domestic prices, with new shipments
2023-05-23 11:16
World’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car Roof
A week after Japanese regulators postponed the restart of the world’s biggest nuclear power plant due to safety
2023-05-23 10:28
China’s SPIC in Advanced Talks to Buy I Squared’s Inkia
Chinese energy giant State Power Investment Corp. is in advanced talks to buy Latin American power producer Inkia
2023-05-23 09:19
TikTok Sues Montana to Block First Statewide Ban of App
TikTok Inc. sued Montana over the first statewide ban of the popular app, saying the state has trampled
2023-05-23 05:26