Adani to Buy Sanghi in First Big Deal Post-Hindenburg
Indian billionaire Gautam Adani’s Ambuja Cements Ltd. will buy a majority stake in Sanghi Industries Ltd. as the
2023-08-02 13:18
Marketmind: Markets shake off surprise US credit downgrade
A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy
2023-08-02 12:59
US Ratings Downgrade Casts Spotlight on AAA Ones Standing
The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto
2023-08-02 12:57
Asian markets tumble after Fitch downgrades US debt
Asian markets fell broadly Wednesday after ratings agency Fitch downgraded its US debt credit rating from the highest level, citing "a steady deterioration in standards of governance."
2023-08-02 12:49
Venture of Ex-HKEX Boss Tops $1 Billion Valuation in New Round
The two-year-old company co-founded by Charles Li, the former boss of the Hong Kong stock exchange, was valued
2023-08-02 12:28
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:56
Oil Rises After Industry Report Points to Massive Inventory Draw
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to
2023-08-02 11:55
China’s Spy Agency Takes to WeChat in Espionage Crackdown
China’s powerful spy agency made a public call on social media for citizens to join its anti-espionage drive,
2023-08-02 11:54
California Teachers’ Pension Keeps Shrinking Its Exposure to China
China fell out of the top 12 ranking of the California State Teachers’ Retirement System based on country
2023-08-02 11:48
Hong Kong Office Rent Slump Triggers Wave of Upgrades
At an industrial-styled office unit in Hong Kong, employees of events company Hybrid Group are enjoying the perks
2023-08-02 11:23
Superconductor Breakthrough Buzz Spurs China, Korea Tech Rally
Claims about a breakthrough in superconductor technology that could revolutionize the power, transportation and chip industries have sparked
2023-08-02 11:21
Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:16