Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:51
Wanda in Talks to Refinance $275 Million Private Debt Facility
Chinese conglomerate Dalian Wanda Group Co. is in discussions with lenders to refinance a $275 million private debt
2023-05-25 17:23
China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
2023-05-25 15:48
ECB Must Still Raise Interest-Rates More, Vasle Tells Delo
The European Central Bank must lift borrowing costs further to return inflation to its target, Governing Council member
2023-05-25 12:23
AI Frenzy Helps Asia Tech Exporters’ Shares Beat US Growth Woes
Investors are snapping up shares of Asia’s technology hardware exporters, bolstered by interest in artificial intelligence and signs
2023-05-25 09:27
Biden Pressed to Limit Hydrogen Credits Key to New Industry
Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say
2023-05-25 07:58
Xi Remade China's Tech Industry in His Own Image With Crackdown
Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy
2023-05-25 07:19
Fed Officials Lean Toward Pause in June, But Not Ready to Stop
Federal Reserve officials are leaning toward pausing interest-rate increases at their meeting in June amid heightened uncertainty over
2023-05-25 06:49
Are investors finally nervous about the US debt ceiling?
US financial markets falter as debt ceiling talks continue. So is Wall Street getting nervous?
2023-05-25 03:50
Canada's household debt is now highest in the G7
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
2023-05-24 21:45
IMF Chief Reassures on Debt Deal; Roubini Sees Risk: Qatar Forum
The International Monetary Fund’s Kristalina Georgieva expressed confidence that the US will reach a deal on the debt
2023-05-24 20:15
Meta Loses Court Fight Over EU Hunt for Antitrust Evidence
Meta Platforms Inc. lost a court fight with European Union regulators who demanded vast amounts of data to
2023-05-24 18:48