Dollar Shortage Forces Pakistan Factories to Halt Production
Pakistan’s iron-clad grip on its dollar holdings may be keeping its currency stable, but it’s also hurting local
1970-01-01 08:00
Merger Arbitrage Fund Pentwater Boosted Activision Stake Before Key Court Nod
Pentwater Capital Management LP led hedge funds boosting stakes in Activision Blizzard Inc. last quarter before a make-or-break
1970-01-01 08:00
MTN’s Fintech Unit Seeks More Investors After Mastercard Deal
MTN Group Ltd. is seeking as many as three more strategic investors in addition to Mastercard Inc. for
1970-01-01 08:00
ChatGPT-Wary Universities Scramble to Prepare for New School Year
ChatGPT set the academic world ablaze after it was introduced in November, when the AI chatbot suddenly gave
1970-01-01 08:00
Ares Weighs Loosening Crystal Palace Ties to Focus on Chelsea
Ares Management Corp. is considering loosening ties with Crystal Palace FC as it explores an investment in rival
1970-01-01 08:00
Food Inflation Drops Sharply as UK Living Cost Crisis Subsides
Grocery price inflation has fallen sharply, another sign that Britain’s cost-of-living crisis is gradually easing for consumers. Annual
1970-01-01 08:00
Maybank Reaches Half of $17.3 Billion Green Loans Goal
Malaysia’s biggest lender Malayan Banking Bhd. is halfway toward meeting its target of putting 80 billion ringgit ($17.3
1970-01-01 08:00
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
1970-01-01 08:00
Closing Coal Plants Proves a Hard Sell for Big Global Banks
A midsized, 11-year-old coal power station in West Java is an unlikely bellwether for global climate finance. Cirebon-1
1970-01-01 08:00
Ex-GIC Managers Raise $567 Million for Asia Private Equity Deals
A Singapore-based private equity firm started by two former investors from sovereign wealth fund GIC Pte has raised
1970-01-01 08:00
Tiger Cubs Pared Tech Stakes as Other Asset Managers Dove In
Tiger Global Management, Maverick Capital and other so-called Tiger Cubs trimmed their holdings in technology stocks during the
1970-01-01 08:00
Near-Term Inflation Outlook at Lowest Since 2021 in Fed Survey
US consumers’ near-term inflation expectations declined in July for a fourth month, reaching the lowest level since April
1970-01-01 08:00