Saudi Arabia Raises $11 Billion Loan to Help Fund Deficit
Saudi Arabia has raised $11 billion through a syndicated loan as it looks to fund a budget deficit
2023-11-23 23:50
UAE Tightens Scrutiny on Russian Firms Amid Pressure From US
Russian firms based in the United Arab Emirates are coming under greater scrutiny from local banks as the
2023-11-23 22:24
China Seen Holding Key Policy Rate Until 2024, Economists Say
China will likely wait until early next year to cut policy rates to support the economy, though other
2023-11-23 16:54
China Weighs Unprecedented Builder Support With First-Ever Unsecured Loans
China may allow banks to offer unsecured short-term loans to qualified developers for the first time, people familiar
2023-11-23 15:50
Country Garden Shrugs Off Penny Stock Label Amid Sector Support
Distressed Chinese developer Country Garden Holdings Co. is poised to shed its penny stock status after Beijing signaled
2023-11-23 15:45
Chinese Debt Deemed Asia's Biggest Risk Turns Into a Lucrative Bet
Be greedy when others are fearful. Those who heeded Warren Buffett’s famous investment mantra would have benefited handsomely
2023-11-23 14:58
Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
2023-11-23 12:27
China Shifts Approach to Fatal Coal Mining Accidents to Ensure Supply Security
The latest fatal accident linked to coal production in China, this time caused by a fire in a
2023-11-23 11:16
Country Garden’s Dollar Bonds Jump on Support List Inclusion
Country Garden Holdings Co.’s bonds jumped as news that the distressed developer is included in a list eligible
2023-11-23 10:16
China Races to End Property Panic, Fill $446 Billion Funding Gap
Chinese leaders are making their most forceful push yet to end the nation’s property crisis, ramping up pressure
2023-11-23 09:15
China Parliament Pressures Banks To Step Up Property Finance
China’s banks should step up funding for property developers to reduce the risk of additional defaults and ensure
2023-11-23 08:48
Scotland’s Only Oil Refinery Will Close in 2025
Scotland’s only oil refinery is set to close as soon as 2025, dealing a blow to the local
2023-11-22 23:50