Country Garden’s Losses Fan Worst Fears on China Property Market
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese
2023-08-11 11:54
Billionaire Sarmiento’s Companies to Pay $60 Million in US Graft Probe
Firms controlled by the billionaire Sarmiento family of Colombia agreed to pay fines of about $60 million to
2023-08-11 11:22
India’s Russian Oil Buying Spree Continues Even as Prices Climb
Indian buyers, key consumers of cheap Urals crude since the invasion of Ukraine, have no plans to turn
2023-08-11 10:45
China’s Once-Top Builder Turns Into Penny Stock Amid Debt Woes
Country Garden Holdings Co., formerly China’s largest developer by sales, has become a Hong Kong penny stock amid
2023-08-11 10:29
China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:21
Murder, Cocaine and Tears: Ecuador Confronts a Perilous Descent
The rage was palpable outside the Quito funeral parlor where Fernando Villavicencio’s lifeless body lay. Inside, even close
2023-08-11 10:16
Mexico Poverty to Keep Falling on Impact of Aid, Yorio Says
Mexico’s poverty rate is set to keep falling in the coming years if social programs put in place
2023-08-11 10:16
Bank of Mexico again holds interest rate firm, even as region begins cuts
By Brendan O'Boyle MEXICO CITY The Bank of Mexico maintained its benchmark interest rate at 11.25% on Thursday,
2023-08-11 09:58
Newcrest Profits Slip 11% Ahead of Sector’s Biggest Deal
Newcrest Mining Ltd., Australia’s biggest gold producer, posted an 11% decline in full-year earnings as it prepares to
2023-08-11 09:56
Citigroup Names Kalra Head of Asia Commercial Bank in Singapore
Citigroup Inc. appointed a veteran of more than 20 years to lead its Asia-Pacific commercial bank operations from
2023-08-11 09:50
Mushrooms are being farmed in Abu Dhabi's desert
Mushrooms usually sprout from dark, damp forest floor or bloom on fallen tree branches. But now, a startup in Abu Dhabi called Below Farm is growing them in the desert.
2023-08-11 09:45
Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades
Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation
2023-08-11 09:24