US set to unveil long-awaited crackdown on real estate money laundering
By Luc Cohen and Chris Prentice NEW YORK The U.S. Treasury Department will soon propose a rule that
2023-08-10 18:27
Where people have to choose between food or home insurance
Extreme weather and climate change are driving up home insurance costs, forcing some into desperation.
2023-08-10 07:52
She lost more money than anyone on Bloomberg's billionaires list since Covid. China's property crisis is to blame
Yang Huiyan, the chair of real-estate giant Country Garden and one of China's richest women, has lost more wealth than any billionaire in the world in the past two years, Bloomberg reported Wednesday, as her building conglomerate sits on the edge of default.
2023-08-10 06:55
Cat bond funds ranked among 2023's top-performing credit funds
By Nell Mackenzie LONDON Catastrophe bond funds rank among the 10 best performing credit funds this year, as
2023-08-10 02:55
Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat
By Clare Jim HONG KONG News that big developer Country Garden was not able to make $22 million
2023-08-09 19:54
More Chinese graduates return to hometowns in depressed economy - state media
BEIJING Almost half of Chinese undergraduates returned to their hometowns last year within six months of graduation, state
2023-08-09 16:25
Deflation: Why falling prices in China raise concerns
The world's second largest economy has slipped into deflation for the first time in more than two years.
2023-08-09 15:29
South Korea unemployment rate climbs to six-month high
SEOUL South Korea's jobless rate climbed in July for a second month and hit the highest since January,
2023-08-09 07:17
UPS driver pay deal in US to be worth $170,000 a year, firm says
The shipping giant warns of lower profits after it agreed a deal to avert a US drivers' strike.
2023-08-09 02:55
VP Harris to celebrate new rules boosting wages, protections on federal projects
By Jarrett Renshaw PHILADELPHIA The Biden administration will bolster union-friendly rules on Tuesday that will boost wages and
2023-08-08 21:26
Under Armour beats quarterly sales estimates on steady demand
(Reuters) -Under Armour beat market expectations for first-quarter revenue on Tuesday, as discounts upheld demand for the sportswear maker's clothes
2023-08-08 19:16
China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:15