Economists Downgrade Hong Kong Growth Forecasts After GDP Miss
Economists are downgrading their forecasts for Hong Kong’s economic growth this year following worse-than-expected data for the second
2023-08-01 11:47
CVS to Cut About 5,000 Jobs in Cost-Reduction Push, WSJ Reports
CVS Health Corp. said it would cut about 5,000 jobs to help reduce costs, with most of the
2023-08-01 11:29
FTX Draft Bankruptcy Plan Calls for Cash Repayment, FTT Wipeout
FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims
2023-08-01 11:23
Blackstone Alum Doubles Down on Drone Startups After 600% IdeaForge Return
The largest single investor in IdeaForge Technology Ltd. is doubling down on India’s drone-making sector after an early
2023-08-01 11:18
World’s Biggest Market for Sub-$100 Million IPOs Booms in India
Small is beautiful in India’s market for initial public offerings after the disappointment of hyped mega-share sales. From
2023-08-01 10:59
China Pledges More Loan Support to Business to Spur Economy
China has pledged to boost credit to private companies and extend other funding measures to small firms as
2023-08-01 10:55
Tencent Becomes Market Laggard as China Traders Sell
Tencent Holdings Ltd. has fallen out of favor with mainland Chinese investors burned by volatility and sentiment-driven trading.
2023-08-01 10:55
Global Pile of Negative-Yield Debt Driven Toward Zero by BOJ
The world’s stockpile of negative-yielding debt looks to be grinding toward extinction as the Bank of Japan eases
2023-08-01 10:51
Asia’s Factories Seeking a Catalyst With China on Sidelines
Factories in Asia continued to experience weaker activity in July amid China’s economic woes, signaling that a manufacturing
2023-08-01 09:49
China’s Cabinet Urges Cities to Roll Out Property Policies
China’s State Council called on cities to introduce policies to ensure the healthy development of their property markets,
2023-08-01 09:49
Country Garden Cancels $300 Million Share Placement, IFR Says
Country Garden Holdings Co. canceled a HK$2.34 billion ($300 million) share placement, IFR reported, citing a message sent
2023-08-01 09:27
China’s Home Sales Drop Most in a Year as Slowdown Worsens
China’s home sales tumbled the most in a year in July, underscoring why policy makers are seeking to
2023-08-01 09:22