Egypt’s Distressed Bonds Fall on Threat of Moody’s Downgrade
Egypt’s dollar bonds sank deeper into distress after Moody’s Investors Service placed the North African nation’s ratings on
1970-01-01 08:00
Egypt Cuts Subsidized Food Allocations to Battle Economic Crisis
Egypt is reducing the amount millions of people can claim under a subsidized food program, part of an
1970-01-01 08:00
Aramco Weighs LNG Exports as Hydrogen Talks Prove Tough
Saudi Aramco is weighing exports of liquefied natural gas instead of blue hydrogen, as talks with potential buyers
1970-01-01 08:00
Sweden’s Sobi to Buy CTI Biopharma in US for $1.7 Billion
Swedish Orphan Biovitrum AB has agreed to buy bio-pharmaceutical company CTI BioPharma Corp. in a deal valued at
1970-01-01 08:00
Tencent, TSMC Shares Shunned by $3.2 Billion Fund on Valuations
A $3.2 billion fund focused on Asian equities is avoiding the region’s two biggest stocks, saying their valuations
1970-01-01 08:00
Adnoc to Sell 15% Stake in Logistics Unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15% stake in its logistics and shipping unit in an
1970-01-01 08:00
Tishman Speyer Forms Real Estate Fund With Raffles Family Office
Tishman Speyer, a US property developer and investor, is partnering with an Asian multi-family office to start a
1970-01-01 08:00
Junk Bond Funds in Korea May Have Just Gotten a $2 Billion Boost
South Korea has come up with a novel way of ensuring that weaker companies get cash during economic
1970-01-01 08:00
Oil Holds Three-Day Surge on SPR Refill Plan, Canada Disruption
Oil held a three-day rally as the US updated plans to replenish strategic reserves and Canadian supplies were
1970-01-01 08:00
Coupang’s Sales Beat Estimates After Big Spending Pays Off
Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported better-than-expected revenue growth after spending
1970-01-01 08:00
Treasury debt advisors warn of 'seismic' impact from U.S. debt payment delays
WASHINGTON Wall Street executives who have advised the U.S. Treasury's debt operations for the past 25 years warned
1970-01-01 08:00
Erdogan Teeters Before a Turkish Vote That’s Got the World Watching
Recep Tayyip Erdogan was halfway through a well-choreographed TV interview on April 25 when the cameras unexpectedly cut
1970-01-01 08:00