China to replace $140 billion LGFV debt with local bonds - Bloomberg News
BEIJING (Reuters) -China will let local governments raise about 1 trillion yuan ($140 billion) through bond sales to repay the
2023-08-11 16:27
Country Garden shares hit record low on loss forecast, restructuring fears
By Clare Jim HONG KONG (Reuters) -Shares of China's largest private property developer Country Garden plunged to a record low
2023-08-11 11:24
Bar Fight: When ‘Cheers’ Robots Took Over for the Actors
Animatronic versions of bar patrons Norm and Cliff made two actors named George and John very unhappy.
2023-08-11 04:52
Uganda president defiant after World Bank suspends funding over LGBT law
By Elias Biryabarema KAMPALA (Reuters) -Uganda's President Yoweri Museveni on Thursday denounced the World Bank's decision to suspend new funding
2023-08-10 19:17
World Bank halts new Uganda loans over anti-LGBTQ+ law
Uganda's Anti-Homosexuality Act contradicts the World Bank Group's values, the global financier says.
2023-08-09 21:53
Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat
By Clare Jim HONG KONG News that big developer Country Garden was not able to make $22 million
2023-08-09 19:54
Iraq bans media from using term ‘homosexuality’, says they must use ‘sexual deviance’
(Reuters) -Iraq's official media regulator on Tuesday ordered all media and social media companies operating in the Arab state not
2023-08-09 16:16
World Bank halts new lending to Uganda over anti-LGBTQ law
By Andrea Shalal and Kanishka Singh WASHINGTON (Reuters) -The World Bank said on Tuesday it would halt new lending to
2023-08-09 15:26
South Korea household borrowing grows further, countermeasures eyed
SEOUL South Korea's household borrowing grew in July for a fourth straight month and by the biggest amount
2023-08-09 11:26
WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
2023-08-09 05:55
Bitcoin Miner Marathon’s Quarterly Loss Narrows, Revenue Jumps
Marathon Digital Holdings Inc.’s second-quarter loss narrowed and revenue jumped as the Bitcoin miner increased sales of the
2023-08-09 05:16
Americans' credit card debt hits a record $1 trillion
Americans' credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they've surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.
2023-08-08 23:30