Evergrande Units to Be Key Part of Revised Debt Plan, Rep Says
China Evergrande Group will look to use shares of its subsidiaries as key components in any further debt-restructuring
2023-10-30 17:55
PetroChina’s Profit Rises as Output Offsets Lower Oil Prices
PetroChina Co.’s profits rose 21% in the third quarter as increased output offset headwinds from lower oil prices
2023-10-30 17:54
China holds major financial conference as leaders maneuver to get slowing economy back on track
China’s leaders are expected to search for ways to mend the country's fractured property market, create jobs for millions of unemployed youths and spur faster growth in a meeting that reportedly began Monday in Beijing
2023-10-30 17:49
German Economy Shrank in Third Quarter Amid Recession Threat
German output shrank in the third quarter — raising the risk that Europe’s largest economy is headed for
2023-10-30 17:47
Apple Looks to Capitalize on Computer Sales Comeback With New Macs
Apple Inc. is set to capitalize on a computer market resurgence when the company unveils two new Macs
2023-10-30 17:46
German economy shrinks slightly in Q3
BERLIN The German economy shrank slightly in the third quarter, data showed on Monday, as Europe's largest economy
2023-10-30 17:23
Swedish Economy Stagnates as Rate Hikes Weigh on Output
Sweden’s economy was stagnant last quarter, as rising borrowing costs and growing unemployment hurt spending in the Nordic
2023-10-30 17:23
Goldman Sachs no longer sees U.S. govt shutdown in 2023
Goldman Sachs removed its forecast for a U.S. government shutdown this year given new geopolitical risks and the
2023-10-30 17:22
ECB’s Kazimir Says Rate-Cut Bets for First Half 2024 Misplaced
European Central Bank Governing Council member Peter Kazimir said investor wagers on reductions in borrowing costs before mid-2024
2023-10-30 17:16
Spanish Inflation Quickens to Highest Since April on Electricity
Spanish inflation accelerated for a fourth month, hitting the highest level since April and supporting calls to prolong
2023-10-30 16:56
European shares rise on healthcare boost, retreating bond yields
European shares recovered in early trading on Monday, boosted by healthcare stocks, as bond yields declined with investors
2023-10-30 16:53
SNB Will No Longer Pay for Deposits Held to Meet Reserve Needs
The Swiss National Bank is cutting the amount of money commercial lenders can get by parking funds at
2023-10-30 16:52