Factbox-Developing countries facing a debt crunch
LONDON High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a
2023-10-04 14:59
Barclays, StanChart Plan Bankers’ Return to COP28 Climate Summit
The world’s top bankers and investors mostly stayed away from last year’s United Nations climate conference in the
2023-10-04 14:56
Carlyle Founders, Billionaire Dangote Back New African PE Fund
A team spun out of Carlyle Group Inc. said they’ve got backing from the founders of the US
2023-10-04 14:51
Pakistan’s Top Utility Looks to Raise $400 Million From Overseas
Pakistan’s top utility is looking to tap overseas lenders to help meet growing power demand as the nation
2023-10-04 14:22
SoftBank’s Son Tells Japan: Adopt AI or Get Left Behind Again
SoftBank Group Corp.’s billionaire founder Masayoshi Son implored a Japanese audience to embrace artificial intelligence, making an impassioned
2023-10-04 13:53
South Korea Lifts Crisis-Era Limit on Banks’ Bond Sales
South Korea has removed a cap on commercial banks’ bond sales enacted during last year’s credit crunch, in
2023-10-04 12:15
Philippines’ Marcos Removes Cap on Rice Prices
Philippine President Ferdinand Marcos Jr. said he has lifted the cap on domestic rice prices, about a month
2023-10-04 11:56
New Zealand Says Interest Rates May Need to Stay High for Longer
New Zealand’s central bank said interest rates may need to stay high for a longer to return inflation
2023-10-04 11:48
HK Typhoon-Related Claims Set to Top Record $500 Million in 2023
Hong Kong insurance claims caused by natural disasters may climb to a record and exceed $500 million this
2023-10-04 11:28
Philippines Says 3 Dead in Ramming Incident Off Disputed Shoal
Three persons are dead after a Philippine fishing boat was rammed by an unidentified commercial vessel in waters
2023-10-04 11:25
Apple Gets Downgraded by KeyBanc, Believing Valuation Near All-Time High
Apple Inc. was downgraded at KeyBanc Capital Markets Inc., which said shares of the iPhone maker are trading
2023-10-04 10:56
Second Foxconn EV Customer Files for Bankruptcy Protection
A second potential customer for Foxconn Technology Group’s electric-vehicle factory in Ohio has filed for bankruptcy, following the
2023-10-04 10:23