China's Country Garden suspends trading of onshore bonds amid talk of debt restructuring
Country Garden, one of China's top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.
2023-08-14 15:57
Yuan Falls Toward This Year’s Low as Chinese Economy Sputters
China’s yuan fell toward its weakest level this year after a series of disappointing economic figures added to
2023-08-14 14:20
Top Singapore Banker Calls for Rethink of City’s Large Reserves
Singapore needs to figure out how to better deploy its sizable reserves and leverage its wealthy status by
2023-08-14 14:20
Blackstone Eyes Japan Property After Selling $4.5 Billion
Blackstone Inc. is exploring more acquisitions in Japanese real estate, after selling about $4.5 billion worth in the
2023-08-14 13:45
Adani Probe Wraps Up as India Tightens Disclosure for Big Firms
Findings from an almost three year investigation by India’s capital markets watchdog into Gautam Adani’s eponymous conglomerate are
2023-08-14 08:22
China Hedge Funds in Crisis After Losses, US Investor Retreat
Foreign investors are losing interest in China, and hedge funds that target the world’s second-biggest economy are paying
2023-08-14 08:19
Turkey’s Fenerbahce Signs Manchester United Football Star `Fred’
Turkish football club Fenerbahce confirmed the signing of midfielder Frederico Rodrigues de Paula Santos, famously known as Fred,
2023-08-13 22:48
Storms, Armyworms and Biden's Faux Pas: Saturday Asia Briefing
It was a week to forget in China, starting with data showing the worst export decline since February
2023-08-12 12:23
Inflation forces US families to spend $709 more a month than two years ago
US inflation has had a snowballing effect on family budgets.
2023-08-11 23:19
Norway’s $1.4 Trillion Wealth Fund Wants ESG Ratings Overhauled
Norway’s $1.4 trillion wealth fund is backing a European Commission proposal to overhaul the ESG ratings industry amid
2023-08-11 19:59
FC Barcelona to List Media Unit in NY in $1 Billion SPAC Deal
Spanish football’s FC Barcelona will list its content creation unit Barca Media in the US via a merger
2023-08-11 19:45
Mushrooms are being farmed in Abu Dhabi's desert
Mushrooms usually sprout from dark, damp forest floor or bloom on fallen tree branches. But now, a startup in Abu Dhabi called Below Farm is growing them in the desert.
2023-08-11 09:45