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
Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong
The Hong Kong stock exchanges says share trading of heavily indebted Chinese property developer China Evergrande Group has been suspended
2023-09-28 10:29
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
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
ExxonMobil loses bid to truck millions of gallons of crude oil through central California
ExxonMobil has lost a court bid to truck millions of gallons of crude oil through central California — a crucial part of its efforts to restart offshore oil wells that were shut in 2015 after a pipeline leak caused the worst coastal spill in 25 years
2023-09-28 09:23
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
Uber announces chipmaker executive as new chief financial officer
Uber is getting a new chief financial officer.
2023-09-28 08:28
Chinese immigrant workers sue over forced labor at illegal marijuana operation on Navajo land
A group of Chinese immigrant workers is suing over forced labor and human trafficking claims that stem from an illegal marijuana growing operation in northwestern New Mexico
2023-09-28 08:24
UK Risks Power Supply Crunch in January as Nuclear Plants Halt
The UK’s National Grid Plc is preparing for a possible power crunch in January as several planned nuclear
2023-09-28 07:49
London Price Cuts Boost UK Home Discounts to Highest Since 2019
London and southeast England are seeing the biggest UK home discounts as buyers across the country secure the
2023-09-28 07:47
Trump Judge Rejects Request to Step Aside From Election Case
US District Judge Tanya Chutkan refused to step down from the election-obstruction case in Washington against Donald Trump,
2023-09-28 07:45