Ex-Morgan Stanley Prime Broker Plans $3 Billion Hedge Fund
Kurt Baker, a Millennium Management alumnus and former head of Morgan Stanley’s Asia prime brokerage, is seeking nearly
2023-09-21 13:57
Signs of Egypt’s Inflation Slowing Point to Rate Hold
Signs that record Egyptian inflation is finally starting to slow may prompt the central bank to keep interest
2023-09-21 13:51
Unprofitable China EV Maker Nio Unveils Phone Pitched at Drivers
While Chinese tech companies have long harbored ambitions to move into the electric car industry, EV upstart Nio
2023-09-21 13:47
New Thai PM Vows to End Free Use of Cannabis a Year After Lifting All Controls
Thailand’s new prime minister vowed to restrict the use of marijuana for medical purposes after thousands of weed
2023-09-21 13:21
Turkey Preps Big Rate Hike as Sales Pitch Goes Global
Investors in New York who’ve been told that tackling inflation is Turkey’s “No. 1 priority” are about to
2023-09-21 12:58
Toshiba to Go Private as $13.5 Billion Buyout Offer Succeeds
Private equity fund Japan Industrial Partners Inc.’s successful tender offer for Toshiba Corp. paves the way for a
2023-09-21 12:46
Xi to Meet Syria’s Assad on First China Visit in Nearly 20 Years
Chinese leader Xi Jinping will meet Syrian President Bashar Al-Assad during a visit to the world’s No. 2
2023-09-21 12:18
Stocks, Bonds Decline as Fed Knocks Risk Sentiment: Markets Wrap
Stocks in Asia fell and the dollar strengthened Thursday after the Federal Reserve signaled interest rates will be
2023-09-21 12:16
Singapore Banks Tighten Scrutiny of Chinese With Other Passports
Singapore banks are increasing scrutiny of some Chinese-born clients with other citizenships, following last month’s crackdown on money
2023-09-21 11:28
Hong Kong Holds Rate as Fed Presses Pause on Hiking Cycle
The Hong Kong Monetary Authority maintained its base rate at 5.75% on Thursday as the US Federal Reserve
2023-09-21 11:28
Beijing’s Market-Support Pledges Falling Flat With Traders
China’s top-down vow to rejuvenate markets hasn’t resonated with investors, as initial excitement evaporates in a mire of
2023-09-21 11:25
Economists Aren’t Buying Australia’s Ambitious Housing Plans
Australian governments have unveiled multi-billion dollar plans in recent days to help address the nation’s deepening housing crisis,
2023-09-21 11:23