China wealth manager Zhongzhi flags insolvency, liabilities of $64 billion
BEIJING (Reuters) -China's Zhongzhi Enterprise Group told investors it is heavily insolvent with liabilities of up to $64 billion, more
2023-11-23 12:18
Israel’s $48 Billion War Bill Leaves It at Mercy of Bond Markets
When a team of Israeli technocrats that calls itself the “government’s CFO” scans the battlefield with the war
2023-11-23 12:16
China launches social security fund-backed $707 million investment fund in Shanghai
BEIJING An investment fund backed by China's National Social Security Fund was launched in Shanghai, with a size
2023-11-23 11:48
EIG CEO says consortium no longer willing to negotiate with Origin's top investor
SYDNEY EIG Partners CEO Blair Thomas said on Thursday the consortium behind the $10.6 billion bid for Origin
2023-11-23 11:47
Argentina’s Milei Says Caputo Has Expertise To Be Economy Chief
Argentine President-elect Javier Milei lauded former central bank president Luis Caputo Wednesday, acknowledging he has the expertise to
2023-11-23 11:46
Turkey Poised for Rate Milestone If It Hikes Past 36%
Turkey is turning another corner in ending an era of ultra-loose monetary policy. The central bank will likely
2023-11-23 11:24
State Grid China’s Brazil Unit Weighs Raising $1 Billion
State Grid Corp. of China’s Brazilian unit is seeking to raise about $1 billion by selling a minority
2023-11-23 11:23
WHO Asks China for More Information on Child Pneumonia Outbreak
The World Health Organization asked China for detailed information about a surge in respiratory illnesses in children, including
2023-11-23 11:23
China Shifts Approach to Fatal Coal Mining Accidents to Ensure Supply Security
The latest fatal accident linked to coal production in China, this time caused by a fire in a
2023-11-23 11:16
Iranian Poverty Spread in ‘Lost Decade’ of Sanctions and Oil Swings, World Bank Says
Almost 10 million Iranians have slipped into poverty from a combination of sanctions, bad economic management and volatile
2023-11-23 10:59
OPEC+ Struggle Over African Quotas Forces a Delay to Meeting
Saudi Arabia and its oil allies are once again struggling with a dispute over output quotas for African
2023-11-23 10:27
Country Garden’s Dollar Bonds Jump on Support List Inclusion
Country Garden Holdings Co.’s bonds jumped as news that the distressed developer is included in a list eligible
2023-11-23 10:16