China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
1970-01-01 08:00
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
1970-01-01 08:00
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
1970-01-01 08:00
US IPO Market’s Green Shoots Get the 2024 Party Started Early
Bankers and investors are optimistic that a string of initial public offerings will cap off a quiet year
1970-01-01 08:00
US Government Shutdown’s Economic Risks Grow the Longer It Lasts
A US government shutdown would have a cascading economic effect, beginning mildly and deepening over time as millions
1970-01-01 08:00
Banks Put on Notice as Climate Liabilities Hit Capital Planning
Banks that underestimate the financial fallout of the climate crisis are exposing themselves to regulatory and investor backlash
1970-01-01 08:00
Italy Seeks Monte Paschi Deal in Push to Create New Banking Hub
Italy is seeking to turn Banca Monte Paschi di Siena SpA into the country’s third largest bank by
1970-01-01 08:00
EBRD Sees Challenge to Dollar from Russia’s Trade in Yuan
Russia’s rising trade in the yuan in the wake of the war in Ukraine and western sanctions may
1970-01-01 08:00
China Industrial Profits Jump Sharply as Economy Stabilizes
Chinese industrial profits rose in August for the first time in more than a year, a further sign
1970-01-01 08:00
Chinese Gold Bugs Lift Price Premium Over World Market to Record Level
China’s suddenly full of gold bugs. The market for bullion in China has surged this month, at times
1970-01-01 08:00
Ukraine Recap: EU Faults Musk’s X Over Russian Disinformation
Elon Musk’s X was cited as the biggest outlet for Russian disinformation as European Commission Vice President Vera
1970-01-01 08:00
Air India Flight 182: India-Canada row brings 1985 bombing back in news
In 1985, an Air India flight exploded mid-air, killing all 329 people on board - only one man was convicted.
1970-01-01 08:00