ECB’s Push to Raise Borrowing Costs Runs Up Against Wall of Cash
Lenders’ borrowing costs are trailing the European Central Bank’s benchmark by the most on record, highlighting the challenge
1970-01-01 08:00
Hong Kong’s Gaw Eyes More Japan Property Deals on TSMC Push
Hong Kong-based private equity firm Gaw Capital Partners is exploring real estate deals in Japan’s western island of
1970-01-01 08:00
Pakistan’s Abhi Issues First Sukuk Bond for a Fintech in Region
Pakistan’s financial platform Abhi has raised the first-ever Sukuk bond for a fintech firm in the region, opening
1970-01-01 08:00
Elon Musk Says He’s Stepping Down as Twitter’s CEO
NBCUniversal executive Linda Yaccarino is in talks to become Twitter’s chief executive officer, the Wall Street Journal reported,
1970-01-01 08:00
China’s Copper Woes Damp Spirits of Traders in Asia
Asia’s copper industry meets in Hong Kong next week to discuss a market that should be bursting with
1970-01-01 08:00
10T Co-Founder Wants to Build New $200 Million Fund
There are still investors who want to put money into cryptocurrency startups, despite the recent wave of scandals
1970-01-01 08:00
TV Azteca Cites Mexico Court Ruling to Skip Quarterly Filing
A Mexican court ordered TV Azteca SAB de CV, owned by Mexican billionaire Ricardo Salinas Pliego, not to
1970-01-01 08:00
Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
1970-01-01 08:00
Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound
Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed
1970-01-01 08:00
Egyptian Pound Devaluation Bets Ease as Citi Sees No Short-Term Move
Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the
1970-01-01 08:00
Norway to Raise Oil Wealth Spending to Protect Welfare Services
Norway plans to raise spending of its $1.4 trillion sovereign wealth fund, citing the need to protect welfare
1970-01-01 08:00
Honda Profit Outlook Tops Estimates as Supply Constraints Ease
Honda Motor Co. forecast profit for the current fiscal year, slightly exceeding analysts’ projections, thanks to a recovery
1970-01-01 08:00