Spanish Inflation Quickens, Backing Higher-for-Longer ECB Rates
Spanish inflation accelerated for a second month, demonstrating the persistent price pressures that the European Central Bank’s higher-for-longer
2023-09-28 15:51
TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows
Teten Masduki couldn’t stop talking about TikTok. In a July meeting with his team, the Indonesian minister broke
2023-09-28 14:15
UBS Takes Lead in $50 Billion Bond Market Left by Credit Suisse
Rival banks are flooding into a Credit Suisse-shaped hole in a resurgent market for arranging Swiss franc bond
2023-09-28 13:45
Toyota Global Sales Hit Record High in August, Along With Output
Toyota Motor Corp.’s global sales rose 9% in August from a year earlier to a record 923,180 vehicles
2023-09-28 13:20
Vedanta Is Preparing to De-Merge Sprawling Operations
Vedanta Ltd. is preparing to spin off businesses into several listed entities in a broad restructuring that, if
2023-09-28 12:49
Republicans Attack Absent Trump, Vow to Get Tough on Border
Republican candidates vowed to crack down on crime and close the southern US border as they assailed GOP
2023-09-28 11:49
Crypto Exchange Gemini Pulled Funds From Crypto Lender Genesis Months Before Bankruptcy Filing
Crypto exchange Gemini Trust Co. withdrew hundreds of millions of dollars from Genesis Global Holdco LLC several months
2023-09-28 11:21
China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:48
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:57
TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in
2023-09-28 09:55
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
2023-09-28 07:23
Micron Slides After Predicting Steeper Loss Than Expected
Micron Technology Inc. fell in late trading after predicting a steeper loss than anticipated in the current quarter,
2023-09-28 07:19