CVC Is Nearing Deal for €16 Billion Infrastructure Manager DIF
CVC Capital Partners is set to expand in infrastructure, one of the most active areas of dealmaking, as
2023-09-05 17:53
Crypto Market-Making Profit Margins Sink 30% in ‘Wake-Up Call’ Post-FTX
Market making in digital tokens used to be a font of outsized profitability. The picture today is very
2023-09-05 16:23
Africa Climate Summit Latest: UAE Pledges $4.5 Billion
The United Arab Emirates, the host of this year’s United Nations climate summit, pledged $4.5 billion to help
2023-09-05 16:22
Lane Says ECB Sees Core Inflation Slowing in Coming Months
ECB Chief Economist Philip Lane offered a cautiously optimistic take on inflation, saying slowing in goods and services
2023-09-05 15:28
EU Seizes on Putin and Xi’s G-20 Absence to Engage Africa
The European Union plans to take advantage of the absence of Xi Jinping and Vladimir Putin from this
2023-09-05 14:25
Country Garden Pays Dollar Bond Interest Within Grace Period
Chinese developer Country Garden Holdings Co. told creditors that it’s paid coupons of two dollar bonds within grace
2023-09-05 12:19
Alibaba Cloud Eyes State Firms for Up to $3 Billion Funding
Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises
2023-09-05 11:22
Country Garden Enters Final Hours of Dollar Bond Grace Period
Chinese developer Country Garden Holdings Co., one of the world’s most-indebted builders, is entering the final hours of
2023-09-05 10:25
Korea’s Inflation Speeds Up, Keeping Door Open to Rate Hike
South Korea’s inflation outstripped forecasts in August partly on the back of higher energy costs, reinforcing the case
2023-09-05 08:47
Singapore Laundering Case Exposes Gaps in Illicit Money Defenses
A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund
2023-09-05 08:45
Mercedes CEO Changes Tune on China as ‘Economic Wonder’ Stalls
When Germany last convened its biennial car show, Ola Källenius couldn’t have sounded more bullish about China. Mercedes-Benz
2023-09-05 07:54
Debt Crisis Threatens to Engulf China’s Surviving Developers
China’s housing crisis has engulfed the country’s private developers, producing record waves of defaults and leaving a shrinking
2023-09-05 06:55