Country Garden Default Looms After Builder Says Unlikely to Pay
Distressed Chinese builder Country Garden Holdings Co. signaled it’s set for a first-ever default as a grace period
2023-10-18 17:52
Japan Banks to Compensate Customers for Record System Outage
Japanese banks will compensate customers for costs they incurred in connection with the record two-day outage that hit
2023-10-18 16:51
Higher fuel prices stop UK inflation from falling in September
By David Milliken and Andy Bruce LONDON (Reuters) -British consumer price inflation (CPI) held at an 18-month low of 6.7%
2023-10-18 15:23
India’s Extension of Sugar Export Curbs Set to Tighten Supply
India extended its curbs on sugar exports beyond Oct. 31, according to a notification from the Directorate General
2023-10-18 14:55
Marcos Halts Philippine Wealth Fund to Ensure Safeguards
Philippine President Ferdinand Marcos Jr. has suspended the implementation of a law creating the country’s first sovereign wealth
2023-10-18 13:54
China’s Growth Beats Forecasts as Consumer Spending Improves
China’s economy gained momentum last quarter as people ramped up spending on everything from restaurants and alcohol to
2023-10-18 13:18
Japan Kishida Reported to Eye Tax Cuts as Support Sags
Struggling with his lowest approval ratings since taking office, Japanese Prime Minister Fumio Kishida is considering temporary tax
2023-10-18 12:50
Xi Defends Belt and Road as Chinese Initiative Loses Steam
Chinese President Xi Jinping defended his flagship Belt and Road Initiative, casting the $1 trillion program as a
2023-10-18 12:19
Bank of Japan Steps Into Market to Slow Rising Bond Yields
The Bank of Japan announced an unscheduled bond-purchase operation on Wednesday, reminding the market of its determination to
2023-10-18 10:19
BOJ Discusses Raising FY24 Price View to 2% or More
The Bank of Japan is likely to discuss raising its inflation projection for fiscal year 2023 and 2024
2023-10-18 09:54
Credit Suisse Loses Six Bankers From APAC Financing Group
Several Credit Suisse bankers focused on private financing in Southeast Asia are leaving the firm, joining an exodus
2023-10-18 09:52
Russian Foreign Minister Lavrov Set to Arrive in North Korea
Russian Foreign Minister Sergei Lavrov is set for his first visit to North Korea in about five years,
2023-10-18 09:48