TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in
2023-09-28 09:51
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:45
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
2023-09-28 07:23
US Mortgage Rate Climbs to 22-Year High of 7.41%, Curbing Demand
US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed
2023-09-27 19:55
Dubai Starts Repaying Bailout Loan as Part of Huge Debt Cutback
Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and country’s central bank, as
2023-09-27 16:46
Italy Seeks Monte Paschi Deal in Push to Create New Banking Hub
Italy is seeking to turn Banca Monte Paschi di Siena SpA into the country’s third largest bank by
2023-09-27 16:30
ECB’s Holzmann Says Shocks Could Force ECB to Raise Rates Again
It’s unclear whether the European Central Bank has lifted borrowing costs to their peak, with the persistence of
2023-09-27 16:23
Banks and Private Lenders Vie for $4.2 Billion Debt Deal for Adevinta
Investment banks and direct-lending funds are competing to provide as much as €4 billion ($4.2 billion) of debt
2023-09-27 15:59
China Puts Evergrande’s Billionaire Founder Under Police Control
Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police
2023-09-27 15:29
Haitong Securities Considers Taking Hong Kong Unit Private, Sources Say
Haitong Securities Co. is mulling to take private its Hong Kong-listed investment banking unit, people familiar with the
2023-09-27 13:24
Australian Inflation Quickens, Keeping Rate Hike in Play
Australia’s monthly inflation gauge accelerated in August, reflecting global trends as oil prices jumped, bolstering the case for
2023-09-27 11:19
Ukraine Recap: EU Faults Musk’s X Over Russian Disinformation
Elon Musk’s X was cited as the biggest outlet for Russian disinformation as European Commission Vice President Vera
2023-09-27 09:18