Country Garden’s Losses Fan Worst Fears on China Property Market
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese
2023-08-11 11:49
China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:29
China’s Once-Top Builder Turns Into Penny Stock Amid Debt Woes
Country Garden Holdings Co., formerly China’s largest developer by sales, has become a Hong Kong penny stock amid
2023-08-11 10:18
Microsoft’s Role in Email Breach to Be Part of US Cyber Inquiry
A US cybersecurity advisory panel will investigate risks in cloud computing, including Microsoft Corp.’s role in a recent
2023-08-11 09:26
Thousands of Tiny Hedge Funds Face Closure in China Shakeup
China’s 6 trillion yuan ($832 billion) hedge fund industry is bracing for a historic shakeup that will likely
2023-08-11 08:25
Biden Seeks $13 Billion for Ukraine Defense as GOP Protests
President Joe Biden set up a clash with House Republicans by asking lawmakers to approve billions more dollars
2023-08-11 06:26
NYC Faces Budget Gaps of $40 Billion Through 2027, DiNapoli Says
New York City could face a cumulative budget gap of $40 billion over the next four years thanks
2023-08-11 06:26
Biden Wishes His Signature Climate Law Was Called Something Else
President Joe Biden said he regretted the name of one of his signature legislative achievements — the Inflation
2023-08-11 06:24
GM, Ford Slide as $80 Billion Union Risk Hits Confidence
General Motors Co. and Ford Motor Co. were among the biggest decliners in the US stock market Thursday
2023-08-11 04:56
Mexico Keeps Key Rate Steady at 11.25% for Third Meeting as Prices Slow
Mexico kept borrowing costs unchanged for a third straight meeting, after pledging to maintain its current stance long
2023-08-11 03:18
Crypto Firm DCG, CEO Barry Silbert Seek Dismissal of Gemini Lawsuit They Dub a Smear
Barry Silbert and Digital Currency Group asked a US court to throw out a lawsuit by the Winklevoss
2023-08-11 01:25
WeWork’s List of Ignominy Now Includes Highest-Profile SPAC Blowout
WeWork Inc. is already infamous for torching billions of Softbank Group Inc.’s cash. It’s been labeled a poster
2023-08-10 23:16