Country Garden gets 'near-term reprieve' after bondholders agree to extend debt payment
Investors in embattled Chinese property giant Country Garden are breathing a collective sigh of relief Monday, after it reportedly won approval from creditors to extend a major bond payment to avoid default, in a development that analysts say will give the firm some badly needed respite.
2023-09-04 14:45
Erdogan Eyes Progess on Black Sea Grain from Putin Ahead of G-20
Turkish President Recep Tayyip Erdogan will seek to persuade Vladimir Putin on Monday to revive a UN-backed deal
2023-09-04 13:51
China to Set Up New Agency to Promote Growth in Private Sector
China’s top economic planner is creating a new department to help private businesses, the latest step by the
2023-09-04 13:48
China’s Mortgage Relaxation Spurs Weekend Sales in Mega Cities
Home sales in two of China’s biggest cities soared in the past two days following mortgage relaxations, an
2023-09-04 13:28
Bank of Israel denies report governor has decided not to seek new term
JERUSALEM The Bank of Israel on Monday denied a report that Governor Amir Yaron has decided not to
2023-09-04 13:24
Swedish Housing Prices Rise for Third Month, Defying Rate Rise
Sweden’s housing market keeps defying rising credit costs with prices rising for a third month in a row,
2023-09-04 13:22
Kazakhstan names former economy minister Suleimenov as central bank chief
Kazakhstan appointed former economy minister Timur Suleimenov as its central bank governor on Monday, as the upper house
2023-09-04 13:21
Thailand to Hold US Security Talks, PM Says as He Skips Asean
Thailand will hold discussions with the United States on security issues this month on the sidelines of the
2023-09-04 13:20
Japanese Women Are Missing Out on $760 Billion in Unpaid Wages
Japanese women are missing out on around ¥111 trillion ($761 billion) in pay for a range of household
2023-09-04 12:52
Crumbling Schools Storm Engulfs Sunak as UK Lawmakers Return
UK lawmakers return from their summer break on Monday, with Prime Minister Rishi Sunak engulfed in a crisis
2023-09-04 12:51
Meloni’s Allies Clash Over Plans to Sell Italy’s Monte Paschi
Italy’s governing coalition is fighting over plans to sell state-owned assets, including the world’s oldest bank, to bolster
2023-09-04 12:50
Asia Oil Latest: Iran Won’t See Jump in Flows If Sanctions Eased
The outlook for oil prices, crude demand in top importer China, and the longevity of OPEC+ supply cuts
2023-09-04 12:23