UBS terminates loss protection agreement with Swiss government
ZURICH UBS will not need to tap the Swiss government's 9 billion Swiss franc ($10.27 billion) backstop agreed
2023-08-11 13:28
Dollar steady after CPI data bolsters Fed pause bets; yen nears 145
By Ankur Banerjee SINGAPORE The dollar was steady on Friday as traders wagered that the Federal Reserve's rate
2023-08-11 12:19
Country Garden’s Losses Fan Worst Fears on China Property Market
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese
2023-08-11 11:49
Mississippi Supreme Court will not dismiss former NFL quarterback Brett Favre from welfare scheme civil lawsuit
The Mississippi Supreme Court said it will not dismiss former NFL quarterback Brett Favre from a civil lawsuit filed by the state seeking to recoup millions of dollars distributed as part of what the state calls a statewide welfare fraud scheme.
2023-08-11 11:17
India’s Russian Oil Buying Spree Continues Even as Prices Climb
Indian buyers, key consumers of cheap Urals crude since the invasion of Ukraine, have no plans to turn
2023-08-11 10:45
Gold frail as US dollar, yields hold ground after inflation data
Gold prices hovered near one-month lows on Friday as markets assessed the cooler-than-expected U.S. inflation data, with bullion
2023-08-11 10:45
China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:29
China’s Once-Top Builder Turns Into Penny Stock Amid Debt Woes
Country Garden Holdings Co., formerly China’s largest developer by sales, has become a Hong Kong penny stock amid
2023-08-11 10:18
Citigroup Names Kalra Head of Asia Commercial Bank in Singapore
Citigroup Inc. appointed a veteran of more than 20 years to lead its Asia-Pacific commercial bank operations from
2023-08-11 09:48
Ares-Led Group Provides $521 Million Loan for InvoCare Buyout
TPG Inc. has lined up a group of private credit funds led by Ares Management Corp. to help
2023-08-11 09:16
Oil’s Weekly Gain Fades as Market Watchers Wait for IEA Report
Oil was steady in Asia after declining almost 2% on Thursday ahead of a report from the International
2023-08-11 08:25
Singapore Q2 GDP grows 0.1% q/q, lower than first estimated
SINGAPORE Singapore's economy expanded less than initially estimated in the second quarter, official data showed on Friday, as
2023-08-11 08:17