Banks and Private Lenders Vie for $4.2 Billion Debt Deal for Adevinta
Investment banks and direct-lending funds are competing to provide as much as €4 billion ($4.2 billion) of debt
2023-09-27 15:48
China Puts Evergrande’s Billionaire Founder Under Police Control
Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police
2023-09-27 15:21
EBRD Sees Challenge to Dollar from Russia’s Trade in Yuan
Russia’s rising trade in the yuan in the wake of the war in Ukraine and western sanctions may
2023-09-27 13:55
World’s No. 1 Stock Owner Calls Out Big Oil as Carbon Levels Go Up
A senior executive at Norway’s sovereign wealth fund, which owns a larger share of global stocks than any
2023-09-27 13:48
Haitong Securities Considers Taking Hong Kong Unit Private, Sources Say
Haitong Securities Co. is mulling to take private its Hong Kong-listed investment banking unit, people familiar with the
2023-09-27 13:20
Adani Ports to Buy Back Another $195 Million of 2024 Bond
Adani Ports and Special Economic Zone Ltd. will buy back as much as $195 million of its 2024
2023-09-27 12:58
China Industrial Profits Jump Sharply as Economy Stabilizes
Chinese industrial profits rose in August for the first time in more than a year, a further sign
2023-09-27 12:54
Food Insecurity Remains Elevated After Pandemic-Era Benefits End
High food prices continue to hit consumers and food pantries six months after an expanded government assistance program
2023-09-27 12:54
Short Sellers Squeezed as Rakuten Bank Surges 30% This Month
Hedge funds betting against Rakuten Bank Ltd. are getting burned after Japan’s newly listed lender soared 30% this
2023-09-27 12:51
BlackRock Sees Insurers Betting on Credit, Paring Private Equity
BlackRock Inc. said insurance executives overseeing $29 trillion plan to pour more money into private debt and credit
2023-09-27 12:47
Australian Inflation Quickens, Keeping Rate Hike in Play
Australia’s monthly inflation gauge accelerated in August, reflecting global trends as oil prices jumped, bolstering the case for
2023-09-27 11:24
PwC Australia Says Lack of Board Oversight Enabled Tax Scandal
PwC Australia said its risk controls were inadequate and its board didn’t challenge the firm’s leadership enough, following
2023-09-27 11:17