Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
1970-01-01 08:00
PwC Offers Advice From Bots in Deal With ChatGPT Firm OpenAI
PricewaterhouseCoopers LLP has teamed up with ChatGPT owner OpenAI to offer clients advice generated by artificial intelligence as
1970-01-01 08:00
Deloitte Partners Paid Over £1 Million Despite Slowdown
Partners at the UK arm of Deloitte LLP will earn more than £1 million ($1.2 million) again this
1970-01-01 08:00
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
1970-01-01 08:00
Country Garden Faces $2.9 Billion of Bond Payments as Woes Mount
Country Garden Holdings Co. faces $2.9 billion in bond payments for the rest of the year, with the
1970-01-01 08:00
Asia’s Richest Families Fuel Race for Lucrative Finance Jobs
On a sweat-laced evening in June, while much of Hong Kong dug into supper, two dozen students snaked
1970-01-01 08:00
Nigeria Inflation Quickens Before Currency Devaluation, Fuel Subsidy Removal Filter Through
Nigeria’s inflation rate climbed for a fifth month on food prices, and is set for further rises when
1970-01-01 08:00
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
1970-01-01 08:00
Tinubu’s 15 Days Give Market a Glimpse of Nigeria Turnaround
Just two weeks into the job, Nigeria’s President Bola Tinubu has pulled the right levers for markets: ridding
1970-01-01 08:00
Nigerian Ouster of Central Bank Governor Seen as Market Positive
Markets are likely to respond positively to the weekend ouster of Nigeria’s central bank governor, which will allow
1970-01-01 08:00
China’s Shift Away From Big Four Auditors Has EY Most Exposed
Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to
1970-01-01 08:00