China’s $23 Trillion Local Debt Mess Is About to Get Worse
In 2021, a remote coal town in northeastern China was forced to undergo an unprecedented financial restructuring. Its
2023-05-22 07:29
Stock Futures Decline, Currencies in Tight Ranges: Markets Wrap
Equity futures for US and Asian stock benchmarks slid while currencies held within tight ranges in a cautious
2023-05-22 07:15
Oil Steadies After Loss as US Debt Talks Take Center Stage
Oil steadied after a two-day drop as investors tracked stop-start negotiations in the US to strike a deal
2023-05-22 06:50
Eskom Latest: Pharmacy Group Spends $4.7 Million on Diesel
South Africa’s state-owned power utility is escalating rolling blackouts, after a breakdown in a generation unit at Duvha
2023-05-21 21:50
Your Sunday Asia Briefing: Feeling the Heat
My goodness it’s warm around here. Temperatures are soaring, both physically and politically. Sadly, the only thing that
2023-05-21 11:45
Crippling Heat Waves Deepen Asia’s Reliance on Russian Energy
The extreme heat that’s been scorching Asia in recent weeks has produced one clear beneficiary — Russia. As
2023-05-21 08:45
Alberta Wildfires Persist as Outages Weigh on Canadian Oil Stockpiles
The wildfire situation in Canada’s top energy-producing province of Alberta remained volatile Saturday, while the disruptions to oil
2023-05-21 06:56
Ghana’s Public Debt Falls by a Fourth on External Obligations
Ghana’s public debt declined by a quarter at the end of December from the previous month as the
2023-05-20 21:46
Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession Angst
Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been
2023-05-20 21:19
Flood Disaster Could Cost Italy €1.5 Billion in Damage to Crops
Floods in Italy’s Emilia-Romagna region could have caused damages to crops for about €1.5 billion ($1.6 billion), according
2023-05-19 16:56
US-Led Pacific Trade Talks Close to Reaching Supply Chains Pact
Fourteen countries in US-led Indo-Pacific trade talks are nearing an agreement on supply chain coordination and may announce
2023-05-19 10:45
Shale-Oil Drillers Are Running Out of Places to Dump Toxic Wastewater
Oil drillers in North America’s biggest shale field are running out of easy places to dispose of toxic
2023-05-19 07:18