Chinese Shadow Bank Misses Dozens of Payments as Fallout Spreads
Zhongrong International Trust Co. missed payments on dozens of products and has no immediate plan to make clients
1970-01-01 08:00
China New-Home Prices Drop at Faster Pace as Downturn Worsens
China home prices dropped for a second month in July, a further sign of the deepening property downturn
1970-01-01 08:00
LNG Strike Risks Build in Australia as Unions Blast Woodside
Woodside Energy Group Ltd. and officials representing workers at some of its liquefied natural gas facilities failed to
1970-01-01 08:00
MSCI China Index Set to Erase Gains Seen Since Politburo Meet
Chinese stocks extended their recent selloff, putting a key gauge of the nation’s equities on track to erasing
1970-01-01 08:00
Hedge Fund That Sees Hard US Landing Bets on Chinese Equities
The rally in equities is set to grind to a halt as investors come to grips with slowing
1970-01-01 08:00
China’s Currency Defense in Focus as Rate-Cut Renews Yuan Stress
The People’s Bank of China is treading a fine line as it looks to bolster the economy without
1970-01-01 08:00
Singapore Has Enough Reserves for Most Circumstances, PM Says
Singapore has sufficient financial reserves for most circumstances, though it would be the “biggest misconception” to think that
1970-01-01 08:00
Trump shares moody new video with poem voiceover about ‘suffering to win’
Donald Trump, fresh off being indicted alongside his allies in Georgia for conspiring to subvert the state’s 2020 presidential election results, has shared a moody new campaign video which seems to obliquely reference his recent legal troubles. In a clip shared on his Truth Social account, the former president appears in a black and white montage, as the poem The Proof of Worth by Edgar Albert Guest is read in the background. The poem centres around themes of persisting through adversity. One stanza reads: The test of a man is how much he will bear/ For a cause which he knows to be right,/How long will he stand in the depths of despair,/How much will he suffer and fight?/There are many to serve when the victory’s near/And few are the hurts to be borne,/But it calls for a leader of courage to cheer/The men in a battle forlorn. The following section continues: It’s the way you hold out against odds that are great/That proves what your courage is worth,/It’s the way that you stand to the bruises of fate/That shows up your stature and girth./And victory’s nothing but proof of your skill,/Veneered with a glory that’s thin,/Unless it is proof of unfaltering will,/And unless you have suffered to win. The message of the video is likely in reference to Mr Trump’s recent Monday indictment, which accused him and 18 other defendants of attempting to illegally overturn Joe Biden’s 2020 election win in Georgia. In addition to the former president facing charges, the indictment in Fulton County also names a number of other high-profile figures including former White House chief of staff Mark Meadows, Trump lawyer and ex-New York City mayor Rudy Giuliani, attorney Sidney Powell, John Eastman, along with former US Department of Justice official Jeffrey Clark, and those falsely appointed as “alternate” Georgia electors. Mr Trump has claimed he will unveil an “irrefutable” report that will exonerate him from the charges laid out in the indictment, which he has previously branded as a politically motivated “witch hunt.” “A Large, Complex, Detailed but Irrefutable REPORT on the Presidential Election Fraud which took place in Georgia is almost complete & will be presented by me at a major News Conference at 11:00 A.M. on Monday of next week in Bedminster, New Jersey,” Mr Trump wrote on Truth Social on Tuesday. Read More Giuliani is too ‘busy’ to address Georgia indictment - after he reacted to it on livestream Trump claims mystery press conference report clears him of Georgia election charges: Live updates What is racketeering? Donald Trump charged with Mafia-busting law Giuliani is too ‘busy’ to address Georgia indictment - after reacting to it live What is racketeering? Donald Trump charged with Mafia-busting law Georgia case against Trump presents problems from the start: from jury selection to a big courtroom
1970-01-01 08:00
Epstein Tapped JPMorgan to Help Goldman Top Lawyer Open Account
Jeffrey Epstein’s assistant reached out to a senior executive at JPMorgan Chase & Co. more than four years
1970-01-01 08:00
Marc Becker, Co-Head of Impact Investing at Apollo, Dies at 51
Marc Becker, a 27-year veteran of Apollo Global Management Inc. and co-head of impact investing at the private
1970-01-01 08:00
China’s Economic Woes Bring Silver Lining for Global Investors
China’s lapse into deflation is fueling jitters across financial markets but money managers say it isn’t necessarily a
1970-01-01 08:00
‘Top Gun’ Traders Who Survived the 1980s Are Now Must-Have Hires in Japan
Japan’s interest rates have been grounded for 30 years. Now one bank is seeking people with 1980s-era experience
1970-01-01 08:00
