
China to Shift $139 Billion of Troubled LGFV Debt to Provinces
China will allow provincial-level governments to raise about 1 trillion yuan ($139 billion) via bond sales to repay
2023-08-11 11:58

Country Garden’s Losses Fan Worst Fears on China Property Market
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese
2023-08-11 11:54

Billionaire Sarmiento’s Companies to Pay $60 Million in US Graft Probe
Firms controlled by the billionaire Sarmiento family of Colombia agreed to pay fines of about $60 million to
2023-08-11 11:22

India’s Russian Oil Buying Spree Continues Even as Prices Climb
Indian buyers, key consumers of cheap Urals crude since the invasion of Ukraine, have no plans to turn
2023-08-11 10:45

China’s Once-Top Builder Turns Into Penny Stock Amid Debt Woes
Country Garden Holdings Co., formerly China’s largest developer by sales, has become a Hong Kong penny stock amid
2023-08-11 10:29

Newcrest Profits Slip 11% Ahead of Sector’s Biggest Deal
Newcrest Mining Ltd., Australia’s biggest gold producer, posted an 11% decline in full-year earnings as it prepares to
2023-08-11 09:56

Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades
Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation
2023-08-11 09:24

Ares-Led Group Provides $521 Million Loan for InvoCare Buyout
TPG Inc. has lined up a group of private credit funds led by Ares Management Corp. to help
2023-08-11 09:22

Philippine Central Bank Head Cautions Against Quick Policy Pivot
Philippine central bank Governor Eli Remolona warned against “sudden reversals” of monetary policy when asked about the possibility
2023-08-11 09:21

Blackstone-Backed Solar Company Esdec Seeks US IPO at $5 Billion Value
Esdec Solar Group is seeking an initial public offering in New York that would value the Blackstone Inc.-backed
2023-08-11 08:54

Oil’s Weekly Gain Fades as Market Watchers Wait for IEA Report
Oil was steady in Asia after declining almost 2% on Thursday ahead of a report from the International
2023-08-11 08:21

RBA’s Lowe Keeps Door Open to Further Hike, Eyes Services Prices
Australia’s central bank is keeping its options open on further policy tightening as it studies which way services
2023-08-11 08:19