Russia Hikes Rates at Emergency Meeting After Ruble’s Crash
Russia’s central bank raised interest rates to the highest in over a year, increasing the pace of monetary
2023-08-15 16:26
Maybank Reaches Half of $17.3 Billion Green Loans Goal
Malaysia’s biggest lender Malayan Banking Bhd. is halfway toward meeting its target of putting 80 billion ringgit ($17.3
2023-08-15 09:46
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:22
HKEX, Banks Exploring Ways to Boost Stock, Derivatives Trading
Banks and the stock exchange in Hong Kong are discussing ways to revive moribund trading volumes. Regular meetings
2023-08-15 08:49
China Finance Giant’s Missed Payments Alarm Regulators, Markets
One of China’s largest private wealth managers has triggered fresh anxiety about the health of the country’s shadow
2023-08-14 17:23
Top Singapore Banker Calls for Rethink of City’s Reserves
Singapore needs to figure out how to better deploy its sizable reserves and leverage its wealthy status by
2023-08-14 16:54
Embattled Peso Seeks Relief as Philippines to Weigh Rate Hike
A rebound in the dollar has hit the peso harder than most of its peers and the losses
2023-08-14 11:56
China’s Economic Recovery Faces Fresh Risks From Property Crisis
China’s economic recovery is being weighed down by a worsening property slump, with latest data likely to show
2023-08-14 05:29
Country Garden Poses New Risk for China’s Economy
One of China’s largest developers is wobbling and has less than 30 days to avoid a default on
2023-08-13 03:29
South African Expats Are Flocking to This Tiny Island in the Middle of the Irish Sea
Douglas, the tiny capital of the Isle of Man, might seem an unlikely destination for South African expats.
2023-08-12 14:59
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:54
UBS Ends $10 Billion State Backstop That Helped Seal Merger
UBS Group AG decided to end an agreement with the Swiss government to cover losses it could incur
2023-08-11 14:19