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
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:22
European Gas Slumps Again as Industries Struggle to Boost Demand
European natural gas prices fell further from the lowest close in almost two years as a weak regional
2023-05-25 16:49
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
2023-05-25 16:28
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
2023-05-25 16:27
Bank Indonesia Holds Rate Steady Even as Risks to Rupiah Mount
Indonesia’s central bank held its benchmark interest rate for a fourth straight meeting, even as a deadlock in
2023-05-25 15:48
China Stocks Rout Extends as Traders Rush to Sell Before Holiday
Chinese stocks in Hong Kong plunged as investors trimmed positions ahead of a long weekend, with disappointing earnings
2023-05-25 14:57
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:57
UK Energy Bills Set to Drop as Easing Gas Costs Finally Register
British consumers are set to see a big drop in energy bills that have been crippling household budgets
2023-05-25 14:28
Billionaire Reuben Brothers Win Battle Over Russian Fraud
A New York court has found that the billionaire Reuben brothers were defrauded by a family friend of
2023-05-25 14:28
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:24
Southeast Asia’s Stock Valuation Premium Disappears Amid Selloff
The selloff in a gauge of Southeast Asian equities this month has made it cheaper than a broader
2023-05-25 14:21