China Evergrande subsidiary dealings raises prospects for offshore creditors
Offshore creditors of China Evergrande might be able to increase their chance of recovering funds if they can prove the property developer is due money
August 22, 2024Offshore creditors of China Evergrande might be able to increase their chance of recovering funds if they can prove the property developer is due money
August 22, 2024Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S.
August 22, 2024South Korea's central bank kept interest rates unchanged on Thursday but revived expectations for an imminent policy easing that some economists see
August 22, 2024The dollar rebounded from a 13-month low against the euro on Thursday before Federal Reserve Chair Jerome Powell is due to speak on Friday and as the greenback’s
August 21, 2024Oil prices settled up more than 1% on Thursday, as expectations for a U.S. interest rate cut in a few weeks fueled a rebound after four days of price declines.
August 21, 2024Chinese property developer Kaisa Group said on Thursday it expects to report a bigger net loss for the first half of the year, hurt by a decline in property deliveries and higher impairment
August 21, 2024Germany's federal and regional state governments' tax revenue fell strongly in July compared with the same month last year due to a sharp decline in revenue from
August 21, 2024Canada's TD Bank Group said it would set aside $2.6 billion more for penalties related to U.S. regulatory probes into deficiencies in its anti-money
August 21, 2024A look at the day ahead in Asian markets.
August 21, 2024Deutsche Bank said on Wednesday that it had reached settlements with more than half the plaintiffs who accused the lender of underpaying them in
August 21, 2024Canada's freight rail transport could come to a grinding halt after the country's two biggest railroad operators announced an unprecedented, simultaneous work stoppage following deadlocked
August 21, 2024Microsoft on Wednesday restructured how it reports results for its business units, moving some search and news advertising revenue under the Azure cloud-computing unit as the tech giant
August 21, 2024Citigroup's addition of a new section concerning its multi-year reorganization to its quarterly report filed with the U.S.
August 21, 2024PwC China has informed its clients it expects a six-month business ban by Chinese authorities as early as September as part of punishment for its audit of collapsed property developer
August 21, 2024U.S. oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar with the matter.
August 21, 2024Fixed income manager Western Asset Management, a unit of investment manager Franklin Templeton or Franklin Resources, said on Wednesday it had replaced a top investment executive
August 21, 2024The price of gold hit an all time high this week
August 21, 2024Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool
August 21, 2024Warnings by China's central bank about excess exposure to long-dated sovereign bonds are aimed at curbing potential systemic risks if yields continue to fall, a senior official at
August 21, 2024The Bureau of Labor Statistics' released their revised job's report and the new data shows US job growth from much of the past year was much weaker than initially estimated. CNN's Rahel Solomon explains why this is a big deal.
August 21, 2024Asset manager Oaktree Capital is in exclusive talks to acquire a majority stake in two businesses owned by investment bank B. Riley, Bloomberg News reported on Wednesday.
August 21, 2024Canadian fund Brookfield is in talks with banks to raise funds for its possible takeover bid for beleaguered Spanish drugmaker Grifols, two
August 21, 2024NY appeals court to hear oral arguments on Trump’s $454 million civil fraud judgment next month
August 21, 2024U.S. private equity firm General Atlantic on Wednesday sold its entire stake worth 10.69 billion rupees ($127.40 million) in India's PNB Housing Finance, stock exchange data
August 21, 2024Shares in U.S. oil producer Occidental Petroleum fell to $56.17 on Tuesday, below a level that has routinely triggered purchases by its biggest holder, billionaire investor Warren
August 21, 2024