Pimco Is Selling Hung Debt It Bought From Banks for a Premium
Pacific Investment Management Co. spent some of last year scooping up debt that banks couldn’t sell at knock-down
1970-01-01 08:00
‘Forever Chemical’ Bans Face Hard Truth: Many Can’t Be Replaced
As lawmakers around the world weigh bans of cancer-linked “forever chemicals,” many manufacturers are pushing back, saying there
1970-01-01 08:00
Paulson’s $1 Billion Caribbean Empire Faces Crisis and Betrayal
In the decade since hedge fund billionaire John Paulson took a grand gamble on Puerto Rico, he’s faced
1970-01-01 08:00
Enel Seen Missing Key Target for $11 Billion of ESG Bonds
Enel SpA is on track to miss a key target tied to the terms of almost $11 billion
1970-01-01 08:00
Hong Kong Existing-Home Prices Drop to Six-Year Low
Hong Kong’s existing-home prices dropped to the lowest level since April 2017 in the latest sign of an
1970-01-01 08:00
South Korea to Seek Alternative Graphite Source if Shortage Hits
South Korea’s trade minister said his country is prepared to look for alternative sources of graphite if China’s
1970-01-01 08:00
China Tightens Export Controls on Battery-Making Graphite
China strengthened export controls on some categories of graphite, a key material in electric vehicle batteries, in a
1970-01-01 08:00
Adani Refinances $3.5 Billion in One of Asia’s Biggest Loans
Billionaire Gautam Adani-controlled Adani Group has completed a $3.5 billion funding package to refinance debt used to purchase
1970-01-01 08:00
India’s Biggest City Gas Stock Nosedives on Delhi’s New EV Policy
Indraprastha Gas Ltd., India’s largest city gas distributor by revenue, is heading for its worst day in more
1970-01-01 08:00
Economists Boost US Growth Projections, Reduce Recession Odds
Economists raised their US growth projections through early 2024 and trimmed recession odds to a one-year low as
1970-01-01 08:00
China Continues Nuclear Buildup With 500 Warheads, US Says
China continues efforts to modernize, diversify and expand its nuclear arsenal, with about 500 operational warheads today and
1970-01-01 08:00
Vivendi Seeks Telecom Italia Shareholder Vote on KKR’s Network Bid
Vivendi SE, the largest investor in Telecom Italia SpA, wants the phone carrier’s shareholders to vote on an
1970-01-01 08:00