WeWork Saga Cost Masayoshi Son $11.5 Billion and His Credibility
WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese
2023-11-07 20:21
IMF Lifts China Growth Forecasts Through 2024 on Stimulus
The International Monetary Fund upgraded its projections for China’s annual economic growth this year and next as the
2023-11-07 19:18
UBS Shares Rise as Lender Wins Back Credit Suisse Clients
UBS Group AG reported stronger-than-expected client inflows in its wealth-management business, boosted by the first signs of stabilization
2023-11-07 18:56
China Probes Hospital Boss Accused of Role in Child Kidnappings
The head of a hospital in China has been detained as part of an investigation into whether it
2023-11-07 18:55
Israeli Shekel Recoups Most War Losses With Central Bank Support
Israel’s shekel has recouped the bulk of its losses since the war between Israel and Hamas began a
2023-11-07 18:25
Turkish Central Bank Raises Inflation Forecasts in Clue to Rates
Turkey’s central bank lifted its inflation outlook sharply higher for the next two years on Thursday, a shift
2023-11-02 16:51
Swiss Inflation Holds at 1.7%, Boosting Case for SNB Rate Pause
Swiss inflation stalled in October, delaying an anticipated rebound and strengthening the case for Swiss National Bank officials
2023-11-02 16:19
Billionaire Targeted by Hindenburg Emerges Richer and Unbowed
Timur Turlov is still trying to make sense of how Hindenburg Research’s bet against his Kazakh brokerage backfired
2023-11-02 15:55
Saudi Budget Deficit Blows Out to $9.5 Billion as Revenues Slip
Saudi Arabia posted a budget deficit in the third quarter that was almost seven times larger than in
2023-11-02 15:25
Eskom Says Its Coal Pollution Kills 330 South Africans a Year
South African state power utility Eskom Holdings SOC Ltd. said pollution from its coal-fired plants that supply more
2023-11-02 15:23
War May Give Egypt Yet Another Reason to Hold Rates: Day Guide
Egypt looks poised to hold interest rates again Thursday as the latest Middle Eastern conflict on its borders
2023-11-02 13:54
Hong Kong Holds Rate as Fed Signals End to Tightening Cycle
The Hong Kong Monetary Authority maintained its base rate at 5.75% on Thursday after the US Federal Reserve
2023-11-02 13:20