![Troubled China Shadow Bank Warns of $36 Billion Shortfall](/i/c/550a0f44-6f82-4776-4107-3c25cf2e3fe3.webp)
Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
2023-11-23 12:27
![PwC Offers Advice From Bots in Deal With ChatGPT Firm OpenAI](/i/c/2603a464-3ad4-2d33-9770-2247d9f65375.webp)
PwC Offers Advice From Bots in Deal With ChatGPT Firm OpenAI
PricewaterhouseCoopers LLP has teamed up with ChatGPT owner OpenAI to offer clients advice generated by artificial intelligence as
2023-10-17 12:46
![Deloitte Partners Paid Over £1 Million Despite Slowdown](/i/c/d4cde02b-9025-d542-cb36-106f15d87138.webp)
Deloitte Partners Paid Over £1 Million Despite Slowdown
Partners at the UK arm of Deloitte LLP will earn more than £1 million ($1.2 million) again this
2023-09-29 08:15
![China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG](/i/c/fac6be7c-b042-9670-1836-e68fdfe506c6.webp)
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
2023-08-17 11:29
![Country Garden Faces $2.9 Billion of Bond Payments as Woes Mount](/i/c/451e4c7d-e67e-dfaa-4bb9-3d240aafa0cf.webp)
Country Garden Faces $2.9 Billion of Bond Payments as Woes Mount
Country Garden Holdings Co. faces $2.9 billion in bond payments for the rest of the year, with the
2023-08-01 08:57
![Asia’s Richest Families Fuel Race for Lucrative Finance Jobs](/i/c/7bab120e-f4a3-6495-b68b-364d3e42827a.webp)
Asia’s Richest Families Fuel Race for Lucrative Finance Jobs
On a sweat-laced evening in June, while much of Hong Kong dug into supper, two dozen students snaked
2023-07-31 07:27
![Nigeria Inflation Quickens Before Currency Devaluation, Fuel Subsidy Removal Filter Through](/i/c/9d4ff9f5-9cb2-8ae8-3fb5-2cb55cad0548.webp)
Nigeria Inflation Quickens Before Currency Devaluation, Fuel Subsidy Removal Filter Through
Nigeria’s inflation rate climbed for a fifth month on food prices, and is set for further rises when
2023-06-15 20:23
![Powell Dances Between Pause and Hikes in Communication Two-Step](/i/c/96b9e785-d7a4-3672-66af-d920fc0e1bda.webp)
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:17
![Nigerian Ouster of Central Bank Governor Seen as Market Positive](/i/c/fbc7d226-2f87-3332-7897-f4410b8bd0cb.webp)
Nigerian Ouster of Central Bank Governor Seen as Market Positive
Markets are likely to respond positively to the weekend ouster of Nigeria’s central bank governor, which will allow
2023-06-11 22:25
![China’s Shift Away From Big Four Auditors Has EY Most Exposed](/i/c/107fe20e-cc82-a795-134b-75f56d5c5669.webp)
China’s Shift Away From Big Four Auditors Has EY Most Exposed
Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to
2023-05-10 07:17