Central Banks Set for Higher-for-Longer Era to Fight Inflation
The global economy is shifting toward a higher-for-longer period for interest rates, making the coming flurry of monetary
2023-09-12 16:54
Sri Lanka Gets Closer to IMF Funds With Local Bond Swap Deal
Sri Lanka accepted almost all of the offers to exchange defaulted local debt for new bonds, putting the
2023-09-12 16:20
China’s Homegrown Automakers Rise to Dominate Domestic Market
China’s demand for electric vehicles has delivered the nation’s homegrown carmakers a seemingly unassailable and irreversible lead over
2023-09-12 15:16
Henderson Signs Audemars Piguet as Tenant of New Hong Kong Tower
Hong Kong tycoon Lee Shau Kee’s Henderson Land Development Co. has signed Audemars Piguet Holding SA to be
2023-09-12 14:46
Pratt Jet-Engine Checks Trigger Slump in Japan Machinery Stocks
Japanese heavy machinery firms plunged after aerospace giant RTX Corp. cut its full-year sales outlook and said it
2023-09-12 13:46
China Firms Will Drive Hong Kong Office Market Rebound, Gaw Says
An influx of Chinese firms seeking to list in Hong Kong will drive a recovery in the city’s
2023-09-12 10:56
Accor Sees Record China Hotel Deals as Travel Beats Slowdown
Accor SA is on track to sign a record of about 125 hotel partnership projects in China this
2023-09-12 09:47
Legends in Talks With Private Lenders to Finance ASM Acquisition
Legends Hospitality is in talks with private credit firms to finance its potential acquisition of venue and events
2023-09-12 09:45
Temasek-Backed Singapore VC Snags $541 Million Despite Tech Woes
Vertex Ventures Southeast Asia and India closed its fifth and biggest fund at $541 million to back startups
2023-09-12 09:29
Elizabeth Warren Demands Probes of Elon Musk, SpaceX After Ukraine Revelations
Senator Elizabeth Warren is demanding an investigation into SpaceX after Elon Musk acknowledged he had blocked Ukraine from
2023-09-12 08:51
Guyana Is World’s Most Booming Economy — And Is Set to Grow 38% This Year
Guyana’s economy will expand 38% this year as a wave of oil wealth transforms the South American nation,
2023-09-12 05:55
Norway Inflation Slows in Surprise as Norges Bank Nears Peak
Norway’s inflation unexpectedly slowed last month, suggesting that Norges Bank is likely to end monetary tightening after an
2023-09-11 15:59