Philippines Keeps Key Rate Steady, Open to Resume Tightening
The Philippine central bank kept its key interest rate steady on Thursday to allow previous increases to filter
2023-11-16 16:53
Orsted Funding Gap Puts Credit Rating at Risk, Jefferies Says
Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its
2023-11-16 16:52
Asian Gas Market Gets Relief as Buyers Look to Resell Supply
North Asia’s top liquefied natural gas buyers are looking to resell shipments due in part to high inventories,
2023-11-16 16:52
Sanofi Taps Adviser for OTC Spinoff as Buyout Firms Circle
Sanofi is working with an adviser to start preparations for a planned separation of its consumer health division,
2023-11-16 16:18
UK Regulator Probes South East Water Over Supply Failures
UK utility South East Water Ltd. is failing to provide reliable supplies to customers, prompting the regulator to
2023-11-16 16:17
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:56
Swedish Fund Alecta Referred to Police Over Heimstaden Stake
The Swedish pension fund embroiled in the collapse of Silicon Valley Bank this spring has been reported to
2023-11-16 15:29
Kenya Gets Additional $938 Million From IMF
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:57
Signa Prime Pursues Investors to Bridge €2 Billion Fund Gap
Austrian tycoon Rene Benko’s Signa Prime unit has approached investors over the last few days seeking up to
2023-11-16 14:55
US, Philippine Defense Chiefs Slam China, Seek Greater Ties
The US and the Philippines’ top defense officials slammed Beijing’s recent moves in the South China Sea, as
2023-11-16 14:53
Emerging Asia Bonds Lose Out in Global Rally on Peak Fed Bets
Bonds from emerging Asian nations are set to lag global peers despite a rally in Treasuries. That’s because
2023-11-16 13:57
Spain’s Sanchez Heads for Third Term Win With Unruly Alliance
Spain’s acting Prime Minister Pedro Sanchez is set to win a third term on the back of a
2023-11-16 13:26