Allianz Hedge Fund Manager Must Face US Fraud Charges, Judge Rules
A New York judge declined to dismiss charges against Gregoire Tournant, a former Allianz SE hedge fund manager
2023-08-05 01:50
Ex-Goldman Banker Roger Ng Gets 30-Day Delay to 1MDB Prison Sentence
Former Goldman Sachs Group Inc. banker Roger Ng was granted a last-minute postponement of his 10-year prison sentence
2023-08-04 23:52
Canada’s Economy Sheds Jobs But Wage Growth Stays High
The Canadian economy unexpectedly shed jobs last month even as wages grew faster, signaling a softening labor market
2023-08-04 23:24
State Bank of India Shares Fall As More Loans Turn Sour
State Bank of India saw a metric tracking loans that turn bad rise, prompting shares of the nation’s
2023-08-04 17:16
GSK’s Nigerian Unit to Close Down, Return Cash
GlaxoSmithKline Consumer Nigeria Plc, the second-biggest drug firm in the West African nation, will cease operations after its
2023-08-04 16:51
Maersk Cuts Global Trade Forecast as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
2023-08-04 16:23
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 15:52
Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone
2023-08-04 14:19
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:46
China Scraps Australian Barley Tariffs in Place Since 2020
China will scrap anti-dumping and anti-subsidy tariffs on Australian barley, effective from Aug. 5, China’s commerce ministry said
2023-08-04 12:54
Jokowi’s EV Ambition Takes A Step Forward With Cathode Factory
President Joko Widodo’s ambition of building out Indonesia’s electric-vehicle supply chain is seeing another step forward with plans
2023-08-04 10:46
Rare China Vow on Market Support Puts Beijing’s Toolkit in Focus
An unusual display of China’s commitment to rejuvenating its capital markets has sparked newfound hopes among traders in
2023-08-04 10:22