China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:48
Australia Aug retail sales post tepid rise, add to rate pause case
By Stella Qiu SYDNEY Australian retail sales rose modestly in August as consumers continued to cut back on
2023-09-28 10:30
Shares of China Evergrande suspended as chairman under police watch
HONG KONG (Reuters) -Trading in shares of China Evergrande were suspended on Thursday after a report its chairman had been
2023-09-28 09:58
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:57
TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in
2023-09-28 09:55
Marcos Bid to Challenge China on Disputed Shoal Pressures US
Philippine President Ferdinand Marcos Jr. spent the first 15 months of his term working with the US and
2023-09-28 09:55
Holidays at home for record number of Chinese as economic slowdown bites
By Casey Hall and Sophie Yu SHANGHAI A record number of Chinese are choosing to travel at home
2023-09-28 09:22
Delta is returning to the gate to tweak unpopular changes in its frequent-flyer program
Delta Air Lines wants a do-over for changes it recently announced in its frequent-flyer program
2023-09-28 09:21
Mexico's Banorte plans to hire up to 1,200 people to tap into nearshoring
By Marion Giraldo MEXICO CITY Mexican bank Banorte plans to hire between 1,000 and 1,200 more employees to
2023-09-28 09:18
Dollar sticks near 10-month high, keeping heat on yen
By Brigid Riley TOKYO The dollar clung near a 10-month high against a basket of its peers on
2023-09-28 09:17
Disney World government will give employees stipend after backlash for taking away park passes
Facing backlash, Walt Disney World’s governing district will pay a stipend to employees whose free passes and discounts to the theme park resort were eliminated under a policy made by a new district administrator and board members who are allies of Florida Gov. Ron DeSantis
2023-09-28 09:15
Oil Rally Gets Fresh Impetus From Shrinking Stockpiles at US Hub
Oil was propelled closer to the $100-a-barrel mark after stockpiles at the major US storage hub dropped to
2023-09-28 08:52