Asian FX reserves slip as central banks grapple with strong dollar
By Jaspreet Kalra and Ankur Banerjee SINGAPORE/MUMBAI Asia's central banks have spent this year defending their currencies against
2023-10-16 15:49
Embattled Transnet Seeks South Africa’s Support to Turnaround
South Africa’s embattled state-owned freight-rail and ports company identified areas that require immediate state support in a turnaround
2023-10-16 14:59
Nomura Plans Private Buyout Fund for Rich Investors in Japan
Nomura Holdings Inc. plans to offer a private buyout fund to rich investors in Japan as part of
2023-10-16 14:50
Danish Investor Closes €2 Billion Raise for Green Energy Funds
Copenhagen Infrastructure Partners closed two new funds at a combined €2 billion ($2.1 billion) to plow money into
2023-10-16 14:00
How Birkenstock’s Lackluster Debut Mistimed the Shaky IPO Market
Birkenstock Holding Plc, the 249-year-old footwear brand, stumbled onto Wall Street last week in a debut that could
2023-10-16 13:51
Oil prices gain as concerns mount over Middle East tensions
Oil prices rose above $91 a barrel on Monday as diplomatic efforts to address the crisis in the Middle East intensified.
2023-10-16 13:48
Rite Aid Files for US Bankruptcy, Will Close More Stores
US pharmacy chain Rite Aid Corp. filed for bankruptcy as it looks to restructure debts, and said it
2023-10-16 13:22
Gold Billionaire Sawiris Eyes Stake in $7 Billion Reko Diq Mine
Egyptian billionaire Naguib Sawiris, who has forged a fortune in telecom and gold, is eyeing an investment in
2023-10-16 12:49
PBOC Offers Most Cash Support Since 2020 as Debt Sales Surge
China’s central bank is making the biggest medium-term liquidity injection since 2020, stepping up efforts to support the
2023-10-16 10:57
Millennial Banana Heir Noboa Wins Ecuador Presidency in Runoff
A 35-year-old business leader from a wealthy fruit-exporting dynasty, Daniel Noboa, will be Ecuador’s next president after winning
2023-10-16 09:57
Businessman Leads Socialist in Ecuador Vote With 82% Counted
A business leader from a wealthy fruit-exporting dynasty, Daniel Noboa, held his lead over socialist candidate Luisa Gonzalez
2023-10-16 09:27
Lithium Giant Albemarle Abandons $4.2 Billion Liontown Deal
Albemarle Corp., the world’s largest lithium producer, has walked away from its A$6.6 billion ($4.2 billion) takeover of
2023-10-16 08:28