China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:15
Argentina Seeks Larger IMF Disbursement After 18% Devaluation
Argentina intends to ask the International Monetary Fund to increase a disbursement planned for later this month by
2023-08-15 08:51
PBOC Adviser Says China Urgently Needs to Boost Consumption
An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption,
2023-08-15 08:48
Yellen Says China’s Slowdown Is ‘Risk Factor’ for US Economy
Treasury Secretary Janet Yellen called China’s economic woes a “risk factor” for the US, but one that doesn’t
2023-08-15 07:59
Asian Stocks Look Mixed After US Tech Shares Gain: Markets Wrap
Asian shares were poised for a mixed opening, with the region’s focus turning to China’s growing signs of
2023-08-15 07:27
TSMC Growth Abroad Is Welcome, Taiwan Presidential Hopeful Says
The frontrunner in the race to be Taiwan’s next president says he won’t stop the world’s leading chipmaker
2023-08-15 07:17
US Weighs Imposing Long-Term Debt Requirements on More Banks
US regulators will soon propose requiring banks with as little as $100 billion in assets to issue enough
2023-08-15 06:20
Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:17
Esmark Offers to Buy US Steel for Cash, Trumping Cliffs
Esmark Inc. has offered to buy United States Steel Corp. for $35 a share, trumping an earlier bid
2023-08-15 03:23
Javier Milei Brings Uncertainty as Wall Street Weighs Argentina Vote
Wall Street is preparing for Argentina’s presidential election to come down to a November run-off after libertarian outsider
2023-08-15 02:24
Near-Term Inflation Outlook at Lowest Since 2021 in Fed Survey
US consumers’ near-term inflation expectations declined in July for a fourth month, reaching the lowest level since April
2023-08-14 23:29
Hedge Funds Prepare for Legal Battle With SEC Over Fee Disclosures
Hedge funds and private equity firms are laying the groundwork for a legal clash with the US Securities
2023-08-14 20:56