Record Number of China LGFVs Overdue on Short Debt
China’s local government financing vehicles are showing more signs of stress, with a record number missing payments on
2023-08-07 15:24
Saudi Oil Prices to Asia Point to Uneven Recovery Across Markets
Saudi Arabia’s latest oil pricing for Asian customers is pointing to an uneven recovery, with higher-density crudes outperforming
2023-08-07 14:27
UK House Prices Fall for a Fourth Straight Month, Halifax Says
UK house prices fell for a fourth straight month in July as a further rise in mortgage rates
2023-08-07 14:20
China Health-Care Shares Plunge as Anti-Graft Campaign Widens
China’s health-care stocks slumped as sentiment took a hit after authorities widened an anti-graft crackdown on the sector.
2023-08-07 14:19
Japan Public Workers May Get Biggest Salary Gains in 26 Years
Japanese civil servants may see the biggest base salary increases in more than two decades, following historic pay
2023-08-07 13:47
India’s Rice Export Ban Sparks Concern That Sugar May Be Next
After India banned some rice exports to control domestic prices, traders are worried another food staple could be
2023-08-07 13:26
Siemens Energy Reviews Wind Business on Seeing €4.5 Billion Loss
Siemens Energy AG is scrutinizing its wind business for a strategic reset after heavy costs related to ongoing
2023-08-07 13:23
Indonesia Economy Grows 5.17% in Second Quarter, Beats Estimates
Indonesia’s economic growth accelerated last quarter, defying the impact of higher interest rates, elevated prices and a commodity
2023-08-07 12:51
SoftBank May Turn Profit After $48 Billion in Vision Fund Losses
SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to
2023-08-07 12:16
Square Enix Drops After ‘Final Fantasy’ and Mobile Setback
Square Enix Holdings Co. shares suffered their worst intraday drop in almost three years, erasing a little over
2023-08-07 11:56
Paytm Founder Sharma to Buy 10.3% Stake From Ant Affiliate
Paytm founder Vijay Shekhar Sharma will buy a 10.3% stake from an affiliate of China’s Ant Group Co.,
2023-08-07 11:49
Trucking Firm Yellow Goes Bankrupt as Debt, Labor Woes Pile Up
Yellow Corp. filed for bankruptcy after the trucking firm’s long-running financial woes were compounded by a dispute with
2023-08-07 11:28