Biggest Crypto Stablecoin Tether Was Once Backed by Chinese Securities
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, the
2023-06-16 21:19
Shanghai Plant Burns 800 Tons of Coal an Hour to Keep City Cool
On a sprawling riverside industrial complex about 10 miles (16 kilometers) from Shanghai’s gleaming downtown skyscrapers, a massive
2023-06-16 11:45
Mysterious 1,000% Stock Gains Baffle Traders in Indonesia
Unexplained gains in Indonesian stocks are fueling calls for tighter regulation in Southeast Asia’s biggest equity market. Known
2023-06-16 08:29
Asia Stocks to Echo US Rally as Commodities Jump: Markets Wrap
Asian equities were poised to climb after a rally in stocks linked to artificial intelligence drove US benchmarks
2023-06-16 07:49
South Africa Extends Ban on Scrap-Metal Exports by Six Months as it Seeks to Curb Theft
South Africa extended a ban on scrap-metal exports by six months as the government tries to combat theft
2023-06-15 18:49
Indonesia Builder’s Bond Outperforms Despite 1300% Debt Blowout
PT Hutama Karya’s debt is faring better than the bonds of other Indonesian state-backed enterprises — despite an
2023-06-15 13:58
Dam Breach Remakes Ukraine Battlefield as Vast Reservoir Drains
Since the Kakhovka dam burst on June 6, the floods have cut off any chance Ukraine’s troops might
2023-06-15 12:23
Petrobras Is Said to Rule Out Buyout Offer for Brazil’s Braskem
Petroleo Brasileiro SA is not considering proposing an offer to buy out Brazilian petrochemical maker Braskem SA, according
2023-06-15 09:24
Asia, US Stock Futures Climb After Fed Rate Pause: Markets Wrap
Stocks in Asia are poised for muted gains after US equities inched higher after the Federal Reserve paused
2023-06-15 06:46
Oil Demand Growth to Slow Dramatically as Peak Nears, IEA Says
Global oil demand growth will taper off over the next few years as high prices and Russia’s invasion
2023-06-14 16:19
Oil Supertanker Rates Surge as Cargoes From Mideast Climb
Earnings for giant crude supertankers posted their second-largest daily gain in three years as the number of cargoes
2023-06-14 14:27
ECB’s €500 Billion Payoff Puts Italian Banks in the Firing Line
The European Central Bank is about to test the resilience of the continent’s banking industry by making lenders
2023-06-14 12:24