Evergrande's stock sale to a state-owned enterprise, Shenyang Shengjing Finance Investment Group Co., is aimed at meeting its debt obligations, analysts say, adding the transaction effectively constitutes financial aid by the Communist-led government.... But it remains uncertain whether Evergrande, which also owns a popular soccer club in China, can completely avoid the risk of default given that it must continue to make massive interest payments on bonds after October, sources close to the mat

regional markets. The lower liners, however, did not perform as well, with 410 decliners compared to

, after months of wrangling over the sharing of oil revenue between the central government in Baghdad and

year after Silicon Valley Bank's March 2023 failure when high interest rates drove paper losses on its

KUALA LUMPUR: The FBM KLCI extended its losses on Friday as banking and glove counters retreated in

They may provide updates on shortages of computer chips and other disruptions and pressures related to the pandemic. Japan’s benchmark Nikkei 225 lost 0.8% in morning trading to 27, 215.19.... Prime Minister Fumio Kishida is expected to announce an initiative to ramp up inoculations, Japanese media reported. Wall Street closed out a mostly upbeat week with a mixed finish.... The Dow Jones Industrial Average slipped 0.1%, to 35, 089.74 after a last-minute burst of selling....

In today's global processes, most countries are trying to develop a new understanding of their national interests and foreign policy, especially in the context of weakening existing and possibly outdated mechanisms of international relations. This is dictated by the need to adequately perceive the c

2.82 billion shares valued at RM2. 35bil. Genetec and Hong Leong Bank were among the top gainers

financial services counters, amid the weak sentiment on regional bourses.At 12.30 pm, the benchmark

KUALA LUMPUR: A return in optimism over the global economy pushed domestic and regional equities