China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
2023-08-17 11:29
Hawaiian Utility Sued by Homeowner Over Lahaina Fire
The Hawaiian power company in the crosshairs after wildfires ripped through parts of Maui faces a new lawsuit
2023-08-17 11:19
Australia Unemployment Rises to 3.7% as Rate Hikes Take Toll
Australia’s unemployment rate rose more than expected in July as the economy surprisingly shed jobs, signaling the labor
2023-08-17 10:52
US to Set Up Hotline With Japan and South Korea, Campbell Says
The US, Japan and South Korea are aiming to establish a three-way hot line following a summit among
2023-08-17 10:26
Hong Kong Stocks Poised for Bear Market as Growth Risks Mount
Hong Kong’s stock benchmark was on track to enter a technical bear market as worrying signs mount in
2023-08-17 09:45
Ken Griffin Reshaped Law Banning Chinese Real Estate Purchases
When Florida Governor Ron DeSantis pushed through an anti-China crackdown in his state earlier this year, he won
2023-08-17 09:23
$3 Narcotic Pill Sold in The Gulf Worries European Officials
Europe is bracing for the possible influx of a drug that’s hooked the Middle East as political shifts
2023-08-17 09:21
RBNZ’s Orr Says Mild Recession ‘Bare Minimum’ to Tame Inflation
New Zealand central bank Governor Adrian Orr said a mild recession would be the “bare minimum” before policymakers
2023-08-17 08:27
Hong Kong Rental Market Boosted by Chinese Taking Up Top Talent Pass Visas
An influx of mainland Chinese taking advantage of a new visa program to work in Hong Kong is
2023-08-17 08:25
Japan’s Exports Shrink for First Time in More Than Two Years
Japan’s exports dropped for the first time in more than two years as demand slumped in several key
2023-08-17 08:15
World Bank’s Return to Office Spurs Grumbling But It Comes With Perks
A return-to-office requirement from the World Bank is producing grumbling among its staff, although the development lender is
2023-08-17 07:57
Luxury London Home Sellers Cut Asking Prices to Keep Deals Alive
Britain’s intensifying mortgage crunch is now forcing London’s wealthiest home sellers to agree to discounts or risk deals
2023-08-17 07:18