China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
2023-08-17 11:29
Hawaiian Utility Sued by Homeowner Over Lahaina Fire
The Hawaiian power company in the crosshairs after wildfires ripped through parts of Maui faces a new lawsuit
2023-08-17 11:19
A Year After IRA, Electric Vehicle Market’s Fitful Progress
President Joe Biden’s signature economic legislation promised to create a wave of demand for made-in-America electric vehicles by
2023-08-17 09:49
Ken Griffin Reshaped Law Banning Chinese Real Estate Purchases
When Florida Governor Ron DeSantis pushed through an anti-China crackdown in his state earlier this year, he won
2023-08-17 09:23
$3 Narcotic Pill Sold in The Gulf Worries European Officials
Europe is bracing for the possible influx of a drug that’s hooked the Middle East as political shifts
2023-08-17 09:21
Hong Kong Rental Market Boosted by Chinese Taking Up Top Talent Pass Visas
An influx of mainland Chinese taking advantage of a new visa program to work in Hong Kong is
2023-08-17 08:25
World Bank’s Return to Office Spurs Grumbling But It Comes With Perks
A return-to-office requirement from the World Bank is producing grumbling among its staff, although the development lender is
2023-08-17 07:57
China’s Housing Slump Is Much Worse Than Official Data Shows
Judging by China’s official statistics, the nation’s housing market has been remarkably resilient in the face of tepid
2023-08-17 07:56
Ecuador Rating Cut by Fitch After Killing as Key Election Nears
Ecuador had its credit score slashed Wednesday by Fitch Ratings, which cited heightened financing risks for the Latin
2023-08-17 06:45
Trump-Tied SPAC’s Rally at Risk as Sponsors Need More Time
The blank-check company seeking to take Donald Trump’s media company public sweetened the proposed deal to keep the
2023-08-17 06:24
A Year Into Biden’s Climate Agenda, the Price Tag Remains Mysterious
It’s been exactly one year since President Joe Biden signed the Inflation Reduction Act, securing a core part
2023-08-17 05:26
Philippines Seen to Extend Rate Pause After GDP Growth Fizzled
The Philippine central bank is widely expected to keep its policy rate steady for a third straight meeting
2023-08-17 05:20