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Chinese developer Country Garden faces fresh offshore payments deadline
By Clare Jim HONG KONG (Reuters) - Chinese property developer Country Garden, which missed two dollar interest payments last month, faces another deadline on Monday with two coupons totalling $66.8 mi...
Syndicated Content Oct 08, 2023
Citigroup to sell China consumer wealth business to HSBC
(Reuters) -Citigroup Inc said on Monday that it had agreed to sell its China consumer wealth portfolio, including clients, assets under management (AUM) and deposits, to Asia-focused HSBC Holdings Plc...
Syndicated Content Oct 08, 2023
Israeli shekel falls to almost 8-year low
SINGAPORE (Reuters) - The Israeli shekel fell to an almost eight-year low against the U.S. dollar on Monday as conflict in the Middle East escalates. Fighters from Islamist group Hamas killed 700 Isra...
Syndicated Content Oct 08, 2023
Column-Funds ramp up long dollar, short Treasuries bets: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - Hedge funds have entered the final quarter of the year doubling down on two of their biggest macro conviction trades - short U.S. Treasuries and long the...
Syndicated Content Oct 08, 2023
Beijing Hyundai cuts asking price for Chongqing auto plant by 30%
SHANGHAI (Reuters) - Beijing Hyundai Motor has cut the minimum asking price for its auto plant in the southwestern Chinese city of Chongqing by almost 30% to 2.58 billion yuan ($353.38 million) after ...
Syndicated Content Oct 08, 2023
UAW workers reject Mack Trucks contract, will strike
(Reuters) - Union workers at Volvo Group-owned Mack Trucks overwhelmingly rejected a proposed five-year contract deal and will go on strike at 7 a.m. Monday (1100 GMT), the United Auto Workers said la...
Syndicated Content Oct 08, 2023
Australia’s $131 billion sovereign wealth fund chair will not seek another term
SYDNEY (Reuters) - The head of Australia's A$206 billion ($131 billion) sovereign wealth fund had informed the Australian government he will not seek a third term, Treasurer Jim Chalmers said on Monda...
Syndicated Content Oct 08, 2023
Dollar, yen gain on flight to safety as Hamas attack rattles nerves
By Rae Wee SINGAPORE (Reuters) - The safe-haven dollar and Japanese yen edged higher on Monday as violence in the Middle East spooked markets, while a blowout U.S. jobs report gave the greenback a fur...
Syndicated Content Oct 08, 2023
Remnants of Typhoon Koinu bring floods to Hong Kong
HONG KONG (Reuters) - Hong Kong ordered people to stay indoors, shut schools and closed the stock exchange on Monday as the remnants of Typhoon Koinu caused floods a month after the city was paralysed...
Syndicated Content Oct 08, 2023
Emerging economies face $220 billion in budget cuts amid debt crisis -Oxfam
LONDON (Reuters) - Some of the world's poorest countries face budget cuts topping $220 billion over the coming five years due to a debt crisis that has pushed dozens to the brink of default, according...
Syndicated Content Oct 08, 2023
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