China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:48
TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in
2023-09-28 09:55
London Price Cuts Boost UK Home Discounts to Highest Since 2019
London and southeast England are seeing the biggest UK home discounts as buyers across the country secure the
2023-09-28 07:47
Exxon Barred From Trucking Oil From California Offshore Platform
Exxon Mobil Corp. won’t be able to revive oil platforms off the California coast by relying on trucks
2023-09-28 05:18
Glencore and Seriti Weigh Job Cuts in South Africa Due to ‘Dire’ Train Situation
Glencore Plc and Seriti Resources Holdings Ltd. are in talks to cut hundreds of jobs in South Africa
2023-09-27 23:24
Mitsubishi Motors Will Stop Making Cars in China, Nikkei Reports
Mitsubishi Motors Corp. will end production in China, the Nikkei reported Wednesday, two months after the Japanese automaker
2023-09-27 18:54
US IPO Market’s Green Shoots Get the 2024 Party Started Early
Bankers and investors are optimistic that a string of initial public offerings will cap off a quiet year
2023-09-27 17:52
US Government Shutdown’s Economic Risks Grow the Longer It Lasts
A US government shutdown would have a cascading economic effect, beginning mildly and deepening over time as millions
2023-09-27 17:48
Dubai Starts Repaying Bailout Loan as Part of Huge Debt Cutback
Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and country’s central bank, as
2023-09-27 16:47
World’s No. 1 Stock Owner Calls Out Big Oil as Carbon Levels Go Up
A senior executive at Norway’s sovereign wealth fund, which owns a larger share of global stocks than any
2023-09-27 13:48
BlackRock Sees Insurers Betting on Credit, Paring Private Equity
BlackRock Inc. said insurance executives overseeing $29 trillion plan to pour more money into private debt and credit
2023-09-27 12:47
Chinese Gold Bugs Lift Price Premium Over World Market to Record Level
China’s suddenly full of gold bugs. The market for bullion in China has surged this month, at times
2023-09-27 09:58