China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
2023-08-17 11:29
Hawaiian Utility Sued by Homeowner Over Lahaina Fire
The Hawaiian power company in the crosshairs after wildfires ripped through parts of Maui faces a new lawsuit
2023-08-17 11:19
FPT Software Attains Triple Wins in 2023 International Business Awards®
HANOI, Vietnam--(BUSINESS WIRE)--Aug 16, 2023--
2023-08-17 11:18
China’s Jewelry Purchases Could Be a Weak Spot for Gold Demand
Chinese gold consumption is likely to be buttressed by financial investors and the central bank, although retail demand
2023-08-17 10:58
Judge declines to approve Hyundai/Kia class action settlement, noting weak proposed remedies
A federal judge on Wednesday declined to approve a proposed settlement in a class-action lawsuit prompted by a surge in Hyundai and Kia vehicle thefts, saying it fails to provide “fair and adequate” relief to vehicle owners
2023-08-17 10:57
Australia Unemployment Rises to 3.7% as Rate Hikes Take Toll
Australia’s unemployment rate rose more than expected in July as the economy surprisingly shed jobs, signaling the labor
2023-08-17 10:52
Toshiba Launches Automotive 40V N-Channel Power MOSFETs with New Package that Contributes to High Heat Dissipation and Size Reduction of Automotive Equipment
KAWASAKI, Japan--(BUSINESS WIRE)--Aug 16, 2023--
2023-08-17 10:24
Dollar shines on US economic resilience; Aussie tumbles after employment data
By Rae Wee SINGAPORE The dollar pushed the yen deeper into intervention territory on Thursday as a resilient
2023-08-17 10:24
Australia July jobs take a surprise fall as market loosens
By Wayne Cole SYDNEY (Reuters) -Australia employment unexpectedly fell in July to end two months of very strong growth, while
2023-08-17 10:21
New Mexico congressman in swing district seeks health care trust for oil field workers
A bill aimed at compensating oil field workers and immediate relatives for uninsured medical costs related to air-pollution and heat-related illness has been introduced by a first-term congressman from New Mexico
2023-08-17 09:52
A Year After IRA, Electric Vehicle Market’s Fitful Progress
President Joe Biden’s signature economic legislation promised to create a wave of demand for made-in-America electric vehicles by
2023-08-17 09:49
Hong Kong Stocks Poised for Bear Market as Growth Risks Mount
Hong Kong’s stock benchmark was on track to enter a technical bear market as worrying signs mount in
2023-08-17 09:45