China Must Avert ‘Hard Decoupling,’ Ex-PBOC Adviser Says
China needs to prevent any “hard decoupling” from the global economy as the world becomes more politically divided,
2023-11-22 18:22
Mubadala to Anchor Private Credit Fund for European Property
Mubadala Investment Co. said it will be an anchor investor in a new special situations fund set up
2023-11-22 16:27
China Set to Name Zhu Hexin as Head of FX Regulator: Reuters
China is set to name banking veteran Zhu Hexin as the head of its foreign exchange regulator, according
2023-11-22 16:19
Chinese Game-Streaming Mogul Arrested in Latest CEO Probe
Chinese police have arrested DouYu International Holdings Ltd.’s founder Chen Shaojie, the latest in a series of executive
2023-11-22 16:17
Record Fosun Asset Sales Can’t Halt Stock Drop to Decade Low
Even after a record stretch of asset sales that total at least $6.6 billion in just two years,
2023-11-22 15:47
New Binance CEO Teng’s First Job Is to Avert Customer Exodus
Mollify 150 million potentially jittery users, placate belligerent US regulators and keep high-profile founder Changpeng Zhao onside. These
2023-11-22 14:46
Baidu’s ChatGPT-Style AI Begins to Earn as Sales Beat Estimates
Baidu Inc.’s ChatGPT-style Ernie bots are beginning to add to the company’s top line, potentially shoring up advertising
2023-11-21 21:45
UAE’s Biggest Oil Producer, Santos to Work on Carbon Capture
The United Arab Emirates’ main oil producer and Australia’s Santos Ltd. agreed to work together on carbon management
2023-11-21 15:24
China and Saudi Arabia Sign Currency Swap Worth $7 Billion
China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries
2023-11-21 13:59
Crypto Boosted by Possible End to US Criminal Probe of Binance
The prospect of a resolution of the US criminal investigation into Binance, crypto’s linchpin exchange, led to a
2023-11-21 13:54
Dubai’s First Privatization in a Year Sells Out in an Hour
Dubai Taxi Co.’s initial public offering of as much as 1.16 billion dirhams ($315 million) received enough orders
2023-11-21 13:47
Abu Dhabi’s $50 Billion Fund Sets Up Wealth Tech Firm With BNY
Lunate, the Abu Dhabi-based alternate investment fund with more than $50 billion of assets, is partnering with Bank
2023-11-21 13:26