How a Billion-Dollar Hong Kong Luxury Tower Highlights Developer Distress
The Corniche was supposed to generate HK$30 billion ($3.8 billion) in sales after the developers bought the land
2023-05-23 07:59
Standard General’s Tegna Takeover Dies After Money Goes
Tegna Inc. on Monday terminated its proposed acquisition by hedge fund Standard General LP, delivering the final blow
2023-05-23 05:56
Regional Banks Rallied Last Week. Traders Continued to Short the Sector
Short sellers increased bets against regional banks last week even as the sector notched one of its best
2023-05-23 03:00
Eskom Latest: Power Cuts Ramped Up; Netcare Fuel Costs Surge
South Africa’s state-owned power utility will ramp up rolling power outages, after a breakdown of a generation unit
2023-05-23 02:15
Two Fed Officials Say More Interest-Rate Raises May Be Needed to Cool Prices
Two Federal Reserve hawks saw the need to raise interest rates further this year, days after Chair Jerome
2023-05-23 01:52
ECB Not Done Raising Rates, Should Keep Them High, De Cos Says
The European Central Bank still has some way to go to raise borrowing costs, which should remain high
2023-05-23 01:49
Israel Extends Record-Long Rate Hikes After Politics Hurt Shekel
Israel delivered an unprecedented 10th consecutive interest-rate hike, with a top central banker saying political uncertainty linked to
2023-05-23 00:48
Danish Housing Is Stable After ‘Quite a Fall,’ Governor Says
Denmark may have seen the worst of its housing-market slump and any economic impact should prove less painful
2023-05-22 23:25
Four Accused of Violating German Law in Turkish Spyware Deal
A prosecutor in Germany has indicted former executives of surveillance technology company FinFisher GmbH, accusing them of unlawfully
2023-05-22 23:20
Mizuho to Buy Investment Bank Greenhill in $550 Million Deal
Mizuho Financial Group Inc. is forging further into US investment banking through a deal to buy Greenhill &
2023-05-22 21:28
Ghana Hits Pause on Interest-Rate Hikes After IMF Deal Clinched
Ghana’s central bank paused its steepest phase of monetary tightening, after clinching a $3 billion lifeboat from the
2023-05-22 19:58
Italy Avoids Moody’s Downgrade in Boost for Meloni
Italy won’t lose its investment-grade status at Moody’s Investors Service for now after the company chose not to
2023-05-22 17:53