Pimco Is Selling Hung Debt It Bought From Banks for a Premium
Pacific Investment Management Co. spent some of last year scooping up debt that banks couldn’t sell at knock-down
2023-10-20 19:27
VinFast Inks $1 Billion Share Sale Pact With Yorkville Advisors
VinFast Auto Ltd. has agreed to sell as much as $1 billion worth of new shares to Yorkville
2023-10-20 19:26
A key market indicator hasn't been this high since the Great Recession
For a while now the theme of "higher for longer" has dominated market speak -- that's the idea that the Federal Reserve will keep interest rates elevated for a prolonged period of time to bring interest rates down.
2023-10-20 19:17
China Tightens Export Controls on Battery-Making Graphite
China strengthened export controls on some categories of graphite, a key material in electric vehicle batteries, in a
2023-10-20 18:00
South Korea to Seek Alternative Graphite Source if Shortage Hits
South Korea’s trade minister said his country is prepared to look for alternative sources of graphite if China’s
2023-10-20 17:49
Adani Refinances $3.5 Billion in One of Asia’s Biggest Loans
Billionaire Gautam Adani-controlled Adani Group has completed a $3.5 billion funding package to refinance debt used to purchase
2023-10-20 17:18
Economists Boost US Growth Projections, Reduce Recession Odds
Economists raised their US growth projections through early 2024 and trimmed recession odds to a one-year low as
2023-10-20 16:53
India’s Biggest City Gas Stock Nosedives on Delhi’s New EV Policy
Indraprastha Gas Ltd., India’s largest city gas distributor by revenue, is heading for its worst day in more
2023-10-20 16:50
China Continues Nuclear Buildup With 500 Warheads, US Says
China continues efforts to modernize, diversify and expand its nuclear arsenal, with about 500 operational warheads today and
2023-10-20 16:16
UK Retail Sales Fall More Than Expected in Spell of Warm Weather
UK retail sales tumbled more than expected as unusually warm weather deterred shoppers from spending on clothes for
2023-10-20 14:58
Europe Car Sales Extend Winning Streak on Large Order Backlogs
European auto sales maintained double-digit growth in September despite higher interest rates raising the cost of acquiring a
2023-10-20 14:58
Morgan Stanley Warns Against Buying the Dip in Chinese Stocks
Morgan Stanley is advising investors against buying the dip in Chinese stocks, warning that foreign funds may keep
2023-10-20 14:49