Zambia Debt Deal Spurs Rally in Distressed Emerging Markets
Bonds of developing nations in debt distress gained on Friday in a broad relief rally sparked by Zambia’s
2023-06-23 20:52
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
2023-06-23 19:15
Deutsche Bank Hires Credit Suisse’s Lai as Senior Dealmaker
Deutsche Bank AG recruited Joe Lai from Credit Suisse Group AG as the German lender goes on a
2023-06-23 15:49
China's economic planner woos European giants Airbus, BMW despite unresolved tensions over Ukraine
China has signed letter of intent to cooperate with many European corporate giants, as it attempts to mend relations damaged by Beijing's perceived support for Moscow throughout the war in Ukraine.
2023-06-23 14:59
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:59
Koreas Speed Up Drone Race After Unprecedented Incursions
As the two Koreas near the anniversary of the start of their conflict in 1950, both sides are
2023-06-23 13:16
China’s Chesir Eyes Merck KGaA’s €1 Billion Pigments Arm
Global New Material International Holdings Ltd., a Chinese colorant producer, is in talks on a potential acquisition of
2023-06-23 09:57
Cathay Pacific’s Covid Rebound Gathers Pace With Profit Forecast
Cathay Pacific Airways Ltd. expects to report a profit for the first six months of 2023, finally emerging
2023-06-23 09:29
Oil Heads for Steep Weekly Loss as Fed Sees Further Tightening
Oil headed for a weekly loss of more than 3% after the Federal Reserve signaled that further rate
2023-06-23 08:19
Temu: Risk popular website sells forced labour goods
The claims arise from an investigation into a US law barring imports made with Uyghur labour.
2023-06-23 07:50
Yellen Sees Lower US Recession Risk, Says Consumer Slowdown Needed
Treasury Secretary Janet Yellen sees diminishing risk for the US to fall into recession, and suggested that a
2023-06-23 07:22
Biden and Modi Announce Defense, Chips Deals at White House
US President Joe Biden and Indian Prime Minister Narendra Modi announced a series of defense and commercial deals
2023-06-23 06:59