Turkey's Lira Lures Carry Traders Once Again
The unnatural steadiness of Turkey’s currency depreciation is drawing the attention of so-called carry traders, a type of
2023-11-16 17:58
Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:55
China Stocks Fall as Traders Unimpressed by Xi-Biden Meeting
Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only
2023-11-16 16:54
Troubled SBB Offers to Buy Back Bonds At Big Discounts
Embattled Swedish landlord Samhallsbyggnadsbolaget i Norden AB, also known as SBB, said it would use proceeds from an
2023-11-16 16:54
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
Siemens Sees Slower Revenue Growth With China in Recovery Mode
Siemens AG expects a slowdown in revenue growth for fiscal 2024 with demand for factory automation products in
2023-11-16 14:24
South Korea May Extend Short Selling Ban If Reforms Not Enough
South Korea may extend its total ban on short selling of stocks beyond June next year if reform
2023-11-16 12:58
Taiwan Election Deal Bolsters Bulls as Geopolitical Risks to Ebb
Investors of Taiwan’s assets may take heart from the latest twist in the presidential race, as a tie-up
2023-11-16 12:19
CBA to Sell Stake in Indonesian Unit to Singapore’s OCBC
Commonwealth Bank of Australia agreed to sell its 99% stake in its Indonesian banking unit to Oversea-Chinese Banking
2023-11-16 11:29
Huarong Sends $1.7 Billion Back to Citic After Unloading Assets
China Huarong Asset Management Co. returned almost $2 billion back to Citic Group after the financial conglomerate led
2023-11-16 10:49
Binance to Start Thai Crypto Exchange With Billionaire Sarath
A joint venture between Binance Holdings Ltd. and Gulf Energy Development Pcl plans to roll out a crypto
2023-11-16 10:19
Summers Says ‘Transitory Factors’ Behind Inflation Are Now Easing
Former Treasury Secretary Lawrence Summers said that “transitory factors” have been one element in a faster slowdown in
2023-11-16 08:46