China to Shift $139 Billion of Bad 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 14:48
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
Asia stocks drop to month low as US CPI fails to enthuse
By Tom Westbrook SYDNEY Asian stocks hit a one-month low and logged a weekly loss on Friday while
2023-08-11 13:48
Rohingya: At least 23 dead, 30 missing after boat sinks
As many as 30 others are missing after the boat foundered and was abandoned by crew on Sunday.
2023-08-11 13:45
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 12:49
Biden Fears China Is ‘Ticking Time Bomb' Posing Danger to World
President Joe Biden blasted China’s economic problems as a “ticking time bomb” and referred to Communist Party leaders
2023-08-11 11:17
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 10:49
China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:23
Asia Stocks Mixed After Tame US CPI; Dollar Steady: Markets Wrap
Shares in Asia fluctuate after US stocks ended steady on Thursday, as investors balanced cooling inflation with the
2023-08-11 10:22
RBA’s Lowe Says Policy Has Now Entered ‘Calibration Phase’
Australia’s central bank chief Philip Lowe said monetary policy has now entered a “recalibration phase” under which the
2023-08-11 08:54
Russia launches lunar lander in race to find water on moon
By Guy Faulconbridge and Joey Roulette MOSCOW (Reuters) -Russia launched its first moon-landing spacecraft in 47 years on Thursday in
2023-08-11 07:51
Tutoring firm settles US agency's first bias lawsuit involving AI software
By Daniel Wiessner A China-based tutoring company has agreed to settle a U.S. government agency's novel lawsuit claiming
2023-08-11 04:17