Turkey's Lira Lures Carry Traders Once Again
The unnatural steadiness of Turkey’s currency depreciation is drawing the attention of so-called carry traders, a type of
2023-11-16 17:59
Investec Pays Record Dividend as Interest Rates Boost Income
Investec Plc will pay its highest interim dividend yet after booking double-digit growth in income from lending during
2023-11-16 17:59
UK Households Face 5% Rise in Energy Bills as Winter Sets In
British households are facing a 5% increase on their energy bills from January, when the regulator is set
2023-11-16 17:54
Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:50
Asian Gas Market Gets Relief as Buyers Look to Resell Supply
North Asia’s top liquefied natural gas buyers are looking to resell shipments due in part to high inventories,
2023-11-16 16:59
Thailand to Tighten Cannabis Rules After 6,000 Shops Open
Thailand’s new government is seeking to tighten control over the country’s nascent cannabis industry, taking steps to curb
2023-11-16 16:58
Troubled SBB Offers to Buy Back Bonds At Big Discounts
Embattled Swedish landlord Samhallsbyggnadsbolaget i Norden AB, also known as SBB, said it would use proceeds from an
2023-11-16 16:53
Orsted Funding Gap Puts Credit Rating at Risk, Jefferies Says
Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its
2023-11-16 16:51
China Stocks Fall as Traders Unimpressed by Xi-Biden Meeting
Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only
2023-11-16 16:47
Philippines Keeps Key Rate Steady, Open to Resume Tightening
The Philippine central bank kept its key interest rate steady on Thursday to allow previous increases to filter
2023-11-16 16:47
Siemens expects sales growth to slow in 2024 after record Q4
By Christoph Steitz and Alexander Hübner FRANKFURT Siemens on Thursday gave a more cautious sales outlook for 2024,
2023-11-16 16:26
Analysis-Western investors spooked as Moscow mulls compulsory share purchase plan
By Sinead Cruise, Elena Fabrichnaya and Alexander Marrow LONDON/MOSCOW Western investors in Russian companies are bracing for a
2023-11-16 16:21