China Junk Bonds Suffer Worst Slide of 2023 as Defaults Mount
China’s high-yield dollar bonds are suffering their sharpest three-day selloff this year, with a fresh default from a
2023-07-19 14:51
Europe Car Sales Rise 19% With Growth Streak Nearing a Full Year
Auto sales in Europe rose in June as growing demand for electric cars and improved parts supply helped
2023-07-19 14:25
Turkish Rates Anomaly Persists With Policy Reboot Going Slow
Turkish savers still get far higher interest on deposits than lenders charge for commercial credit, an anomaly that’s
2023-07-19 14:22
China Names Ex-Intelligence Official as HK Security Chief
China named a former top official from its secret intelligence agency the new head of Beijing’s national security
2023-07-19 13:29
South Korea’s LG Unveils AI Software for Use Across Its Units
South Korea’s LG Group introduced an upgraded version of its artificial intelligence software, and demonstrated how it can
2023-07-19 13:29
Thai Court Suspends PM Hopeful Pita’s Status as Lawmaker
A Thai court Wednesday suspended Pita Limjaroenrat’s status as a lawmaker, in the latest roadblock to the pro-democracy
2023-07-19 13:28
China Tech Overseer Plans Computing Power Push to Back AI Boom
China plans to craft policies to accelerate the build-out of nationwide computing infrastructure, seeking to lay the digital
2023-07-19 12:49
World Bank Chief Eyes Corporate Philanthropy to Raise Funds
World Bank President Ajay Banga is preparing to pitch for private capital and corporate social responsibility funds to
2023-07-19 12:48
Spain’s Sanchez Is Struggling to Make the Case for the Economy
The resilience of Spain’s economy likely won’t be enough to convince voters to reelect Prime Minister Pedro Sanchez
2023-07-19 12:24
In London, New York and Paris, a Giant Office Bet Is Going Wrong
A trip to the restaurant that sits atop the No. 1 Poultry office block in London’s financial district
2023-07-19 12:23
Swedish Housing Starts Indicator Hits Lowest Level Since 2014
An indicator of Sweden’s residential construction activity declined to the lowest level in almost nine years, contrasting with
2023-07-19 12:15
Vietnamese EV Maker to Start US Plant Construction July 28
Vietnamese electric-vehicle maker VinFast said construction of its North Carolina factory will start July 28 as the company
2023-07-19 11:47