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
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
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
Philippine Central Bank Head Cautions Against Quick Policy Pivot
Philippine central bank Governor Eli Remolona warned against “sudden reversals” of monetary policy when asked about the possibility
2023-08-11 09:21
RBA’s Lowe Keeps Door Open to Further Hike, Eyes Services Prices
Australia’s central bank is keeping its options open on further policy tightening as it studies which way services
2023-08-11 08:19
Asia Stocks Set for Mixed Open After Tame US Data: Markets Wrap
Stocks in Asia were headed for a mixed open amid bets that Federal Reserve policy will remain tight
2023-08-11 06:59
Mexico Keeps Key Rate Steady at 11.25% for Third Meeting as Prices Slow
Mexico kept borrowing costs unchanged for a third straight meeting, after pledging to maintain its current stance long
2023-08-11 03:15
Yen Dips to Weakest Since 2008 Against Euro, Eyes 145 Per Dollar
The yen fell to the weakest against the euro since 2008 on Thursday, extending losses after tame US
2023-08-10 23:17
Country Garden Billionaire Bags Big Payouts as Default Looms
Country Garden Holdings Co. bondholders are setting their sights on the company’s billionaire Chair Yang Huiyan to see
2023-08-10 22:15
Egypt’s Inflation Hits New Record as Pound Devaluation Looms
Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on
2023-08-10 20:53
Czech Inflation Slows Further as Market Sees Rate-Cut Debate
Czech inflation eased further in July, boosting arguments for the central bank to start discussions about the timing
2023-08-10 20:15
UK Weighs Measures to Crimp Investment in China After Biden
The UK is considering whether to follow President Joe Biden’s move to limit US investment in some Chinese
2023-08-10 19:56