Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
China revamps debt appraisal framework for Belt and Road programme
By Joe Cash BEIJING (Reuters) - China adjusted its framework for weighing debt sustainability of countries in its Belt and Road Initiative, beefing up criteria to assess the economic growth of borrowe...
Oct 20, 2023
AmEx’s third-quarter profit beats estimates on buoyant spending
(Reuters) -Credit card giant American Express on Friday reported third-quarter profit that beat expectations, helped by resilient spending from its wealthy customers who shrugged off concerns about an...
Oct 20, 2023
EV maker VinFast strikes shares deal with Yorkville for up to $1.0 billion
HANOI (Reuters) - Vietnamese electric vehicle (EV) maker VinFast said on Friday it has entered into a share subscription of up to $1 billion with U.S.-based fund Yorkville Advisors as it seeks to fund...
Oct 20, 2023
Malaysia PM proposes free trade pact between ASEAN, Gulf council
KUALA LUMPUR (Reuters) - Malaysia is proposing the creation of a free trade agreement between the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) its premier said...
Oct 20, 2023
Global equity funds see fifth consecutive weekly outflow amid rising bond yields
(Reuters) - Global equity funds registered their fifth weekly outflow in a row in the seven days to Oct. 18 hit by the persistent rise in U.S. bond yields with strong economic data heightening expecta...
Oct 20, 2023
China’s troubled property sector to face more debt defaults
By Xie Yu HONG KONG (Reuters) - More debt defaults are likely to emerge in China's property sector as troubled developers struggle with a weak home sales outlook, while fund raising remains challengin...
Oct 20, 2023
CME in ‘strongest position’ for deals, CEO says, despite rising competition
By Laura Matthews NEW YORK (Reuters) - CME Group is in strong position to make acquisitions, armed with low debt and robust earnings, Chief Executive Officer Terry Duffy told Reuters, even as the worl...
Oct 20, 2023
Japan’s Kishida asks party to consider possible income tax cut
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida has told his ruling party to look into a possible income tax cut as part of measures to cushion the econo...
Oct 20, 2023
Futures inch lower as Treasury yields surge, earnings in focus
(Reuters) - U.S. futures fell on Friday as the yield on 10-year government bonds surged following the hawkish tone by Federal Reserve Chair Jerome Powell, while investors awaited earnings reports from...
Oct 20, 2023
EU, US could agree on critical minerals despite steel failure, says France
VALENCIA, Spain (Reuters) - The European Union and the United States could reach a deal on critical minerals over the coming weeks or months despite their failure to agree an accord on steel and alumi...
Oct 20, 2023
Wed Jul 22
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