China's biggest homebuilder is fighting for its life. Here's what you need to know about the real estate crisis
Just a few months ago, Country Garden was the biggest property developer in China, with more than 3,000 developments spanning the country.
2023-08-31 20:48
Dollar General cuts annual forecasts on weak traffic, discretionary spending slowdown
Dollar General cut its annual sales and profit forecasts on Thursday, hurt by a decline in store traffic
2023-08-31 19:51
Polestar posts narrower loss as supply chain challenges ease
STOCKHOLM Swedish electric vehicle maker Polestar's operating loss narrowed in its second quarter as the auto industry slowly
2023-08-31 19:20
Standard Chartered CFO Andy Halford to retire
Standard Chartered said on Thursday Andy Halford has decided to retire as group chief financial officer and group
2023-08-31 17:48
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:15
Traders Are Bailing on the Euro as Talk of Stagflation Heats Up
Traders are abandoning the euro at pace as speculation grows the European Central Bank will struggle to tighten
2023-08-31 16:52
Irish fuel duty and hospitality taxes to increase
The increases, which come into effect from midnight, follow a number of temporary reductions.
2023-08-31 16:46
UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
2023-08-31 14:25
India Exempts Some Nations From Rice Curbs for Food Security
India has permitted some rice shipments to Mauritius, Bhutan and Singapore for food security purposes after the South
2023-08-31 13:56
Active ETFs Cash In on Corporate Reform in Japan
Actively managed exchange-trade funds are set to launch in Tokyo next week, with one asset manager focusing its
2023-08-31 13:25
Country Garden Posts Record Loss, Warns of Possible Default
Country Garden Holdings Co. warned that it may default on its debt and raised concerns about staying in
2023-08-31 12:52
Turkey Economy Set for Post-Pandemic Low as Recession Risks Loom
Turkey’s economy probably slowed in the second quarter, with activity set to remain subdued for the rest of
2023-08-31 11:48