
Singapore to Inspect Credit Suisse, Others in Major Scandal
Singapore’s financial regulator will conduct an on-site inspection of Credit Suisse Group AG after at least one of
2023-10-18 17:46

Country Garden Default Looms After Builder Says Unlikely to Pay
Distressed Chinese builder Country Garden Holdings Co. signaled it’s set for a first-ever default as a grace period
2023-10-18 17:45

Japan Banks to Compensate Customers for Record System Outage
Japanese banks will compensate customers for costs they incurred in connection with the record two-day outage that hit
2023-10-18 16:51

Marcos Halts Philippine Wealth Fund to Ensure Safeguards
Philippine President Ferdinand Marcos Jr. has suspended the implementation of a law creating the country’s first sovereign wealth
2023-10-18 13:56

China’s Growth Beats Forecasts as Consumer Spending Improves
China’s economy gained momentum last quarter as people ramped up spending on everything from restaurants and alcohol to
2023-10-18 13:20

Japan Kishida Reported to Eye Tax Cuts as Support Sags
Struggling with his lowest approval ratings since taking office, Japanese Prime Minister Fumio Kishida is considering temporary tax
2023-10-18 12:55

Xi Defends Belt and Road as Chinese Initiative Loses Steam
Chinese President Xi Jinping defended his flagship Belt and Road Initiative, casting the $1 trillion program as a
2023-10-18 12:17

Bank of Japan Steps Into Market to Slow Rising Bond Yields
The Bank of Japan announced an unscheduled bond-purchase operation on Wednesday, reminding the market of its determination to
2023-10-18 10:17

BOJ Discusses Raising FY24 Price View to 2% or More
The Bank of Japan is likely to discuss raising its inflation projection for fiscal year 2023 and 2024
2023-10-18 09:58

Russian Foreign Minister Lavrov Set to Arrive in North Korea
Russian Foreign Minister Sergei Lavrov is set for his first visit to North Korea in about five years,
2023-10-18 09:55

Credit Suisse Loses Six Bankers From APAC Financing Group
Several Credit Suisse bankers focused on private financing in Southeast Asia are leaving the firm, joining an exodus
2023-10-18 09:47

Musk's X Tests $1-a-Year Subscription to Reduce Spam, Bot Accounts
X, the social network formerly known as Twitter, began testing a $1-per-year subscription fee for new accounts on
2023-10-18 09:19