World Bank chief Banga unveils new plans to boost lending 'firepower'
By Andrea Shalal World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank's balance
2023-07-18 11:56
Fund Beating Nearly All Peers Dumps Korean EV Stocks, Buys Chips
A South Korean fund whose bets on stocks tied to electric vehicles helped it outperform most of its
2023-07-18 11:47
China Developer Bonds on Cusp of Distress After Wanda Surprise
A gauge of Chinese high-yield dollar debt fell to the cusp of distress after one of the most
2023-07-18 11:27
China Property Recovery Proves Short-Lived as Industry Contracts
China’s property industry contracted again in the second quarter after a short-lived expansion in the previous three months,
2023-07-18 10:58
Evergrande Pushes Restructuring After Posting $81 Billion Loss
China Evergrande Group is seeking to complete one of the country’s biggest debt restructurings after posting a combined
2023-07-18 10:55
Australia Saw Case to Hold Rate at 4.1% as ‘Stronger One’
Australia’s central bank said the case to leave interest rates unchanged this month was the “stronger one” following
2023-07-18 10:45
Wall Street Banks’ Residential Mortgages Face US Mandates Exceeding Global Standards
US bank regulators are set to release their plans next week for a sweeping overhaul of capital rules,
2023-07-18 10:24
Philippines’ Marcos Signs Sovereign Wealth Fund Bill Into Law
Philippine President Ferdinand Marcos Jr. on Tuesday signed into law a bill creating a sovereign wealth fund, marking
2023-07-18 09:45
Gold Steady as Traders Mull Sluggish China Growth, Fed Rate Path
Gold held steady for a second day, with investors weighing the impact of a sluggish Chinese economic recovery
2023-07-18 09:21
Oil Holds Two-Day Drop as China Angst Offsets Russia Export Cuts
Oil steadied in Asia — after dropping almost 4% over the previous two sessions — as concerns over
2023-07-18 09:15
US Limits on China Tech Investment to Be Narrow and Slow
The Biden administration’s plans to restrict investments in China will be narrowly focused on cutting-edge technology, only new
2023-07-18 08:23
UK Support to Rejoin the EU Passes 50% For the First Time
More than half of Britons would vote to rejoin the European Union for the first time since the
2023-07-18 07:54