Kepco CEO Offers to Resign as Utility Vows Financial Overhaul
Korea Electric Power Corp.’s Chief Executive Officer Cheong Seung-il offered to resign as the state-run utility announced a
2023-05-12 12:19
Malaysia Economy Grows Faster Than Expected Amid Global Slowdown
Malaysia’s economic growth beat expectations in the first quarter of the year, with robust domestic demand justifying the
2023-05-12 12:18
Bitcoin Dips to Lowest Since March After Falling for a Second Straight Day
Bitcoin fell for a second day on Friday, at one point dropping to the lowest level in more
2023-05-12 11:58
Kasikornbank Halts Plans to Sell Asset Management Stake
Kasikornbank Pcl, Thailand’s second-biggest lender, has halted plans to sell a stake in its asset management business, according
2023-05-12 11:53
Export-Import Bank Defies Biden Climate Vow With Indonesian Oil Refinery Loan
US Export-Import Bank leaders voted Thursday to lend $99.7 million to expand an oil refinery in Indonesia, bucking
2023-05-12 11:46
Tesla Tweaks Prices in US Again, Increasing as Much as $1,000
Tesla Inc. raised the prices of its vehicles in the US, adding $1,000 to Model X and S
2023-05-12 11:28
Masayoshi Son Now Owes SoftBank $5.2 Billion on Side Deals
Masayoshi Son is now personally on the hook for about $5.2 billion on side deals he set up
2023-05-12 11:25
China, Australia Trade Ministers Meet in Beijing to Ease Dispute
China and Australia’s trade ministers will hold their first in-person economic dialog since 2019 on Friday as Canberra
2023-05-12 11:22
China Bond Watchdog Probes Major Banks’ Debt-Issuance Work
Probes were announced this week against at least three major Chinese banks amid stepped-up efforts to address long-standing
2023-05-12 10:54
China Builder Fantasia Faces Key Shareholder Revolt on Debt Plan
A Chinese property developer whose default in 2021 has since fed into a broader industry rout is facing
2023-05-12 10:45
Fake Billionaire Fund Manager Charged With Running Ponzi Scheme
A former Chicago commodities trader was arrested and charged with fraud for lying to clients about everything from
2023-05-12 09:55
Billionaire Adani’s Firms Weigh Raising Up to $5 Billion, Sources Say
Three companies controlled by billionaire Gautam Adani are considering a fundraising that may draw as much as $5
2023-05-12 09:48