China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:48
Shares of China Evergrande suspended as chairman under police watch
HONG KONG (Reuters) -Trading in shares of China Evergrande were suspended on Thursday after a report its chairman had been
2023-09-28 09:58
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:57
Oil Rally Gets Fresh Impetus From Shrinking Stockpiles at US Hub
Oil was propelled closer to the $100-a-barrel mark after stockpiles at the major US storage hub dropped to
2023-09-28 08:52
Delta CEO: Company went 'too far' with its SkyMiles rewards program changes
Delta CEO Ed Bastian said the company probably went "too far" in its controversial changes to the SkyMiles loyalty program and said there are plans for modifications.
2023-09-28 08:17
UK Risks Power Supply Crunch in January as Nuclear Plants Halt
The UK’s National Grid Plc is preparing for a possible power crunch in January as several planned nuclear
2023-09-28 07:49
London Price Cuts Boost UK Home Discounts to Highest Since 2019
London and southeast England are seeing the biggest UK home discounts as buyers across the country secure the
2023-09-28 07:47
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
2023-09-28 07:23
Micron Slides After Predicting Steeper Loss Than Expected
Micron Technology Inc. fell in late trading after predicting a steeper loss than anticipated in the current quarter,
2023-09-28 07:19
Volkswagen hit by IT outage, VW vehicle production in Germany halted
FRANKFURT (Reuters) -Volkswagen said it was hit by a major IT outage on Wednesday, causing production at the carmaker's namesake
2023-09-28 06:27
Marketmind: Doom loop momentum builds
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-09-28 05:59
Exxon Barred From Trucking Oil From California Offshore Platform
Exxon Mobil Corp. won’t be able to revive oil platforms off the California coast by relying on trucks
2023-09-28 05:18