China to Shift $139 Billion of Troubled LGFV Debt to Provinces
China will allow provincial-level governments to raise about 1 trillion yuan ($139 billion) via bond sales to repay
1970-01-01 08:00
Country Garden’s Losses Fan Worst Fears on China Property Market
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese
1970-01-01 08:00
Gold frail as US dollar, yields hold ground after inflation data
Gold prices hovered near one-month lows on Friday as markets assessed the cooler-than-expected U.S. inflation data, with bullion
1970-01-01 08:00
Google’s Waymo, Cruise Get Nod to Expand San Francisco Robotaxis
California regulators voted in favor of robotaxi operators expanding their paid driverless services in the city of San
1970-01-01 08:00
China’s Once-Top Builder Turns Into Penny Stock Amid Debt Woes
Country Garden Holdings Co., formerly China’s largest developer by sales, has become a Hong Kong penny stock amid
1970-01-01 08:00
Mexico Poverty to Keep Falling on Impact of Aid, Yorio Says
Mexico’s poverty rate is set to keep falling in the coming years if social programs put in place
1970-01-01 08:00
Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades
Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation
1970-01-01 08:00
Philippine Central Bank Head Cautions Against Quick Policy Pivot
Philippine central bank Governor Eli Remolona warned against “sudden reversals” of monetary policy when asked about the possibility
1970-01-01 08:00
Oil prices tick higher on OPEC demand optimism
By Stephanie Kelly Oil prices edged higher on Friday on optimism from the OPEC producer group that oil
1970-01-01 08:00
Blackstone-Backed Solar Company Esdec Seeks US IPO at $5 Billion Value
Esdec Solar Group is seeking an initial public offering in New York that would value the Blackstone Inc.-backed
1970-01-01 08:00
Thousands of Tiny Hedge Funds Face Closure in China Shakeup
China’s 6 trillion yuan ($832 billion) hedge fund industry is bracing for a historic shakeup that will likely
1970-01-01 08:00
RBA’s Lowe Keeps Door Open to Further Hike, Eyes Services Prices
Australia’s central bank is keeping its options open on further policy tightening as it studies which way services
1970-01-01 08:00