Business

CQS Explores Selling Parts of $15 Billion Fund Business

Billionaire Michael Hintze’s CQS is exploring options including selling part of its asset-management business, according to people with

2023-07-13 15:34

Australia Seeks Closer Scrutiny of Pension Funds’ Private Assets

A government review warned that Australia’s pensions regulator must better identify emerging systemic risks in the A$3.5 trillion

2023-07-13 15:33

Man City gets $4.6 million from FIFA to top list of club payments from World Cup player fund

Manchester City has topped the list of FIFA payments to clubs whose players were selected for the 32 national teams in Qatar

2023-07-13 15:33

China's Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll

By Kevin Yao BEIJING China's economy likely grew 7.3% in the second quarter from a year earlier due

2023-07-13 15:02

Oil prices rise on cooling US inflation, China trade data

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices climbed on Thursday after U.S. inflation and economic data sparked hopes that the

2023-07-13 14:48

Australian banks say low unemployment is buffering home loans

By Byron Kaye SYDNEY The CEOs of Australia's two biggest banks said on Thursday a tight labour market

2023-07-13 14:43

J.P.Morgan, Goldman raise Canada central bank terminal rate forecast to 5.25%

J.P.Morgan and Goldman Sachs said on Wednesday they now expect the Bank of Canada (BoC) to deliver one

2023-07-13 14:38

McDonald's China owners Carlyle, Trustar plan $4 billion exit - Bloomberg News

(Reuters) -Carlyle Group Inc and Trustar Capital are planning to raise $4 billion from wealth funds to buy part of

2023-07-13 14:34

Exclusive-China's Qingdao sets up firm to bail out its local govt financing arms-sources

By Samuel Shen and Tom Westbrook Qingdao city in China's debt-laden Shandong province has set up a company

2023-07-13 14:20

UK Economy Held Up Better Than Expected in Coronation Holiday

The UK economy shrank less than expected in May after an additional holiday to mark the coronation of

2023-07-13 14:04

China exports plunge in June, deepening economic woes

Chinese exports tumbled more than expected in June, official data showed Thursday, putting fresh pressure on Beijing to unveil more stimulus measures...

2023-07-13 14:03

GST: New tax threatens India's booming online gaming industry

The industry says it has been blindsided by the government's "catastrophic" tax decision.

2023-07-13 13:54