Three major China banks to lower rates on existing first-home mortgages
BEIJING Three of China's major state banks said on Thursday they will start to lower interest rates on
2023-09-07 11:59
Ex-US prison counselor admits accepting bribe from Galleon's Rajaratnam
By Nate Raymond BOSTON A former correctional counselor at a federal prison in Massachusetts pleaded guilty on Wednesday
2023-09-07 05:19
Oil could hit $107 due to Saudi Arabia's and Russia's supply cuts, Goldman Sachs warns
Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don't unwind their aggressive supply cuts, Goldman Sachs warned its clients.
2023-09-07 04:50
Astellas withdraws lawsuit challenging Medicare drug price negotiation plans
Japan-based Astellas Pharma on Wednesday withdrew a lawsuit filed against the U.S. government, days after its prostate cancer
2023-09-07 02:21
In turnaround, Turkey's Erdogan says tight policy to lower inflation
ANKARA President Tayyip Erdogan said on Wednesday Turkey will lower its inflation rate to "single digits" with the
2023-09-06 20:25
Turkey hikes year-end inflation forecast to 65%
ANKARA Turkey's government raised its annual inflation forecast to 65% for this year and 33% next year, while
2023-09-06 19:52
Prime Group agrees to pay $20.5 million to settle US SEC charges
NEW YORK Prime Group Holdings LLC, a private equity firm based in Saratoga Springs, New York, has agreed
2023-09-05 22:57
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
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
Country Garden faces second debt challenge in days as offshore payment comes due
HONG KONG China's largest private property developer, Country Garden, faces a deadline for making interest payments on two
2023-09-05 09:26
Some Country Garden creditors object to debt payment deal - sources
SHANGHAI/HONG KONG Chinese developer Country Garden faces a call from some smaller onshore bondholders for the nullification of
2023-09-04 20:45
Binance global head of product Mayur Kamat resigns - The Block
Binance's global head of product and design, Mayur Kamat, has resigned amid a string of executive exits and
2023-09-04 15:47