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
Murder, Cocaine and Tears: Ecuador Confronts a Perilous Descent
The rage was palpable outside the Quito funeral parlor where Fernando Villavicencio’s lifeless body lay. Inside, even close
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
Newcrest Profits Slip 11% Ahead of Sector’s Biggest Deal
Newcrest Mining Ltd., Australia’s biggest gold producer, posted an 11% decline in full-year earnings as it prepares to
1970-01-01 08:00
Citigroup Names Kalra Head of Asia Commercial Bank in Singapore
Citigroup Inc. appointed a veteran of more than 20 years to lead its Asia-Pacific commercial bank operations from
1970-01-01 08:00
Singapore Narrows GDP View After Second Quarter Growth Slows
Singapore narrowed its projection for 2023 growth after the economy fared worse than initially thought amid China’s faltering
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’s Weekly Gain Fades as Market Watchers Wait for IEA Report
Oil was steady in Asia after declining almost 2% on Thursday ahead of a report from the International
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
New Zealand Food Prices Fall for First Time Since Early 2022
New Zealand posted its first monthly decline in food prices since early 2022, adding to signs that inflation
1970-01-01 08:00
Ecuador Became One of World’s Most Violent Nations Overnight
The assassination of a top presidential candidate put a prominent face on Ecuador’s rapid transformation into one of
1970-01-01 08:00