New Rising Stars Are Powering Gulf’s $50 Billion Spending Spree
Oil-rich Gulf monarchies are channeling more international deals via state-backed firms instead of the region’s sovereign wealth funds,
2023-09-01 13:52
Malaysia to allocate $1.8 billion to fund national industrial masterplan
KUALA LUMPUR Malaysia's trade ministry said on Friday the government will allocate 8.2 billion ringgit ($1.77 billion) to
2023-09-01 12:22
China Ramps Up Campaign to Boost Fragile Economy, Currency
China intensified efforts to stimulate the economy and support its currency, as investor concerns over the growth outlook
2023-09-01 11:56
Oil Heads for Robust Weekly Gain as Russia to Extend Export Cuts
Oil headed for the biggest weekly gain since early April after Russia signaled it would extend export curbs
2023-09-01 11:46
Nomura Hints at Scaling Back Hiring If Returns Are Lackluster
Japan’s largest brokerage may scale back hiring plans if investments fail to deliver adequate returns. That’s the message
2023-09-01 11:18
Here’s Everything China Is Doing to Save Its Property Market
China unleashed a slew of measures to halt a slide in the country’s residential property and shore up
2023-09-01 10:56
Indonesia Aug inflation at 3.27%, below expectations
JAKARTA Indonesia's annual inflation inched up in August, but was below market expectations and still within the central
2023-09-01 10:50
Qantas Pursued for Record Fine for Alleged Bogus Seat Sales
The regulator suing Qantas Airways Ltd. for allegedly selling seats on thousands of cancelled flights is seeking a
2023-09-01 10:45
Asia’s Manufacturing Slump Worsens as China Curbs Demand
Manufacturing activity in Asia’s major export powerhouses slumped further in August as weak demand persisted in the region’s
2023-09-01 10:23
What a doctor's death in a lift tells us about Africa's debt crisis
Nigeria spends twice as much on debt repayments than on health and education combined, a report says.
2023-09-01 09:29
MUFG Brokerage JV Sued in Japan Over Credit Suisse AT1 Sales
Japanese investors sued Mitsubishi UFJ Financial Group Inc.’s joint venture brokerage with Morgan Stanley, showing that the fallout
2023-09-01 08:49
Xi Planning to Skip G-20 Summit While China-India Tensions Mount
Chinese President Xi Jinping is planning to skip next week’s Group of 20 summit in New Delhi, according
2023-09-01 08:46