Philippines Moves Closer to Wealth Fund Plan With Senate Nod
The Philippines moved a step closer to establishing a sovereign wealth fund after the Senate approved the bill,
2023-05-31 15:53
Mexico Coke Bottler Femsa Sells €3.3 Billion Heineken Stake
Mexican Coca-Cola bottler Femsa sold about €3.3 billion of its shares in the Heineken Group, divesting its stake
2023-05-31 15:47
Thailand Raises Key Rate to 8-Year High to Win Inflation Fight
Thailand’s central bank raised its benchmark interest rate to the highest level in eight years to anchor inflation
2023-05-31 15:15
Sky-High Hedge Costs Push Big Japan Insurers to Riskier Avenues
Japan’s biggest life insurers have ramped up their use of longer-dated currency hedges to a record to escape
2023-05-31 14:55
Singapore Sees Record Clampdown on Oil Ships as Dark Fleet Grows
Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the
2023-05-31 14:26
Toyota customers in Asia, Oceania face risk of data leak due to setting error
TOKYO Toyota Motor Corp said on Wednesday that information on customers in some countries in Asia, excluding Japan,
2023-05-31 14:22
Macquarie Said to Weigh Sale of $2 Billion Korean Gas Firm
Macquarie Group Ltd. is considering selling South Korea’s DIG Airgas Co. at a valuation of more than $2
2023-05-31 14:19
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:15
India Seeks More Disclosures from Foreign Funds After Adani Saga
India’s capital markets regulator proposes to seek more disclosures from foreign funds with large holdings in local stocks
2023-05-31 13:54
Dimon Says JPMorgan Will Be in China for Good and Bad Times
Jamie Dimon said JPMorgan Chase & Co. will be in China in both good and bad times, remaining
2023-05-31 12:51
World’s Top Coal Miner Hikes Prices as Wage Bill Surges
Coal India Ltd., the world’s biggest miner of the fuel, raised prices for the first time in five
2023-05-31 12:27
Wanda Weighs Selling Payments Permit for About $141 Million
Dalian Wanda Group Co. is in talks with prospective buyers including ByteDance Ltd. for its Chinese payments unit,
2023-05-31 11:57