Surprise China Rate Cut Only Highlights Tough Choices Facing Xi
President Xi Jinping has resisted pulling the trigger on a major stimulus to revive the world’s second-biggest economy.
2023-08-15 19:23
Thai Election Winner Rules Out Support for Property Tycoon’s Premier Bid
Move Forward Party, the surprise winner in Thailand’s May election, ruled out support to a coalition-led by Pheu
2023-08-15 17:51
European Stocks Decline as China Concerns Build; UK Stocks Lag
European equities slipped amid light trading, as China’s central bank decision to unexpectedly cut a key interest rate
2023-08-15 16:22
Russia Hikes Rates at Emergency Meeting After Ruble’s Crash
Russia’s central bank raised interest rates to the highest in over a year, increasing the pace of monetary
2023-08-15 16:17
Indonesia’s GoTo Cuts Loss After Bottom-Line Focus Pays Off
GoTo Group narrowed losses after prioritizing the bottom-line over revenue growth, taking the Indonesian internet leader closer to
2023-08-15 16:15
Iron Ore Climbs as China’s PBOC Cuts Rates to Support Recovery
Iron ore gained and copper fluctuated as China’s central bank cut rates to support a sputtering recovery, with
2023-08-15 15:46
Malaysia Former Premier Muhyiddin Freed of Graft Charges
Malaysia’s former Prime Minister Muhyiddin Yassin said a court judge had acquitted him of four abuse of power
2023-08-15 15:15
China Mulls Stamp Duty Cut to Revive Slumping Stock Market
Chinese authorities are considering cutting the stamp duty on stock trades for the first time since 2008, people
2023-08-15 14:49
Tokio Marine Southeast Asia Asset Sale Draws Japan Rivals, Sources Say
Japanese insurers Dai-ichi Life Holdings Inc. and Nippon Life Insurance Co. are among the firms considering bids for
2023-08-15 14:20
China Media Stays Quiet on Trouble at Top Wealth Manager
Chinese state media has largely avoided reporting about turmoil at one of the nation’s top private wealth managers,
2023-08-15 13:55
Country Garden Crisis Drags Down Other Builders That Got Support
A potential default at developer giant Country Garden Holdings Co. has led to greater skepticism of the efficacy
2023-08-15 13:25
Typhoon Lan Paralyzes Planes and Trains While Crossing Japan
Typhoon Lan reached the coast of central Japan early Tuesday, grounding flights and halting trains as residents braced
2023-08-15 13:19