Morgan Stanley Weighs Cutting 7% of Asia Investment Bank Jobs
Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest
2023-05-16 13:59
Rate-Cut Bets Are Surfacing Across Emerging Asia on Policy Pivot
Traders accustomed to aggressive interest-rate hikes across Asia are now seeking to gauge when the region’s central banks
2023-05-16 13:57
Airline SAS Gets US Court Approval to Secure New Equity Capital
Scandinavian carrier SAS AB will start a process to secure new equity capital after getting the relevant clearance
2023-05-16 13:55
Rakuten to Issue New Shares to Raise Up to $2.2 Billion, Sources Say
Rakuten Group Inc. plans to issue new shares to raise as much as ¥300 billion ($2.2 billion) to
2023-05-16 13:21
Adnoc Unit’s $607 Million Abu Dhabi IPO Sells Out in Minutes
The initial public offering of Adnoc Logistics & Services got enough orders to cover all shares within minutes,
2023-05-16 13:20
Foreign Investors Miss Out on Best China Bond Rally of 2023
Global investors resumed selling China bonds on a net basis in April, missing out on the best rally
2023-05-16 12:55
Warren Buffett's Berkshire Hathaway sells entire stake in TSMC
Warren Buffett's conglomerate has sold its remaining shares in the world's largest chipmaker, TSMC, after the "Oracle of Omaha" sounded alarms about its homebase of Taiwan.
2023-05-16 12:50
The Popsicle That’s Taking Over the Middle East
In Dubai, there are traps set for parents across town — in malls, at beaches and five-star resorts
2023-05-16 12:47
China Probes Comedian For Mocking Xi Jinping Military Slogan
A Chinese comedian who joked about two dogs embodying the work ethic of a Xi Jinping military slogan
2023-05-16 12:46
China’s Youth Jobless Rate Hits Record 20.4% in Danger Sign
China’s youth jobless rate rose to a record 20.4% in April, showing the economy is still struggling to
2023-05-16 11:54
Wells Fargo to Pay $1 Billion in Class-Action Suit, WSJ Reports
Wells Fargo & Co. agreed to pay $1 billion to shareholders as it seeks to settle a class-action
2023-05-16 11:51
SEC Urges Judge to Reject Coinbase Demand for Rules Explanation
The US Securities and Exchange Commission asked a judge to deny Coinbase Global Inc.’s request to compel the
2023-05-16 11:47