Britain's second-largest city effectively declares itself bankrupt amid $950 million equal pay claims
Britain's second-biggest city effectively declared itself bankrupt on Tuesday, shutting down all nonessential spending after being issued with equal pay claims totaling up to £760 million ($956 million).
2023-09-06 01:53
Malaysia seeks return of ex-Goldman banker convicted in 1MDB case
By Luc Cohen NEW YORK Malaysia wants a former Goldman Sachs banker convicted last year in New York
2023-09-06 00:52
Morgan Stanley turns "bearish" on emerging market FX again
LONDON Morgan Stanley's analysts returned to a 'bearish' stance on emerging market FX on Tuesday, predicting China's economic
2023-09-05 22:26
World losing race to meet climate goals, COP28 president says
By Duncan Miriri NAIROBI The world is losing the race to meet its climate change goals, the president
2023-09-05 21:58
Arm's IPO could value the chip company at $52 billion. Apple, Google and Nvidia show interest
A who's who of Big Tech companies is set to invest in one of the most highly anticipated initial public offerings in recent memory, a blockbuster event that could value a British chip designer at as much as $52.3 billion.
2023-09-05 21:50
How big banks won the banking crisis
The collapse of Silicon Valley Bank and the US regional banking crisis that followed earlier this year had major economic and regulatory repercussions for lenders across the globe, some of which may be felt for years to come. But now that the more immediate threat of the crisis has dissipated, some clear winners have emerged.
2023-09-05 19:59
Rising demand for Fed bank lending program not a sign of stress
By Michael S. Derby NEW YORK Almost half a year after Silicon Valley Bank went belly up and
2023-09-05 18:28
US Senate races ahead of House on spending bills, aims to avoid gov't shutdown
By Richard Cowan WASHINGTON Top Democrats in the U.S. Senate will look to gain the upper hand over
2023-09-05 18:21
Asset managers look to sell Hong Kong buildings as higher rates bite
By Clare Jim HONG KONG Asset managers are increasingly looking to dispose of their commercial buildings in Hong
2023-09-05 14:20
Japan household spending suffers biggest drop in 2-1/2 years; outlook not as gloomy
TOKYO Japanese household spending suffered its biggest drop in nearly 2-1/2 years squeezed by rising prices, although volatility
2023-09-05 09:59
Chevron faces two-week total strike at Australia LNG projects
By Renju Jose SYDNEY Workers at Chevron's Gorgon and Wheatstone liquefied natural gas (LNG) projects in Australia plan
2023-09-05 09:16
Asia Stocks Set to Fall as China Property in Focus: Markets Wrap
Asian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt
2023-09-05 07:15