Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:50
EFG shares jump 3% following record profitability
ZURICH EFG International shares were up 3% early on Thursday after the Swiss private bank reported net profit
2023-11-16 17:16
Asian Gas Market Gets Relief as Buyers Look to Resell Supply
North Asia’s top liquefied natural gas buyers are looking to resell shipments due in part to high inventories,
2023-11-16 16:59
Thailand to Tighten Cannabis Rules After 6,000 Shops Open
Thailand’s new government is seeking to tighten control over the country’s nascent cannabis industry, taking steps to curb
2023-11-16 16:58
Troubled SBB Offers to Buy Back Bonds At Big Discounts
Embattled Swedish landlord Samhallsbyggnadsbolaget i Norden AB, also known as SBB, said it would use proceeds from an
2023-11-16 16:53
Orsted Funding Gap Puts Credit Rating at Risk, Jefferies Says
Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its
2023-11-16 16:51
China Stocks Fall as Traders Unimpressed by Xi-Biden Meeting
Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only
2023-11-16 16:47
Philippines Keeps Key Rate Steady, Open to Resume Tightening
The Philippine central bank kept its key interest rate steady on Thursday to allow previous increases to filter
2023-11-16 16:47
Sanofi Taps Adviser for OTC Spinoff as Buyout Firms Circle
Sanofi is working with an adviser to start preparations for a planned separation of its consumer health division,
2023-11-16 16:17
UK Regulator Probes South East Water Over Supply Failures
UK utility South East Water Ltd. is failing to provide reliable supplies to customers, prompting the regulator to
2023-11-16 16:15
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:55
Oil Extends Slide After US Inventories Swell to Three-Month High
Oil declined as a rise in US inventories pointed to loosenr near-term market conditions, with prices at risk
2023-11-16 15:54