Two clients of Chinese trust company Zhongrong International Trust Co. said the firm delayed payment of maturing wealth products amid reports of liquidity concerns at a major shareholder, the latest sign of turmoil in China’s financial sector.
Freezing winter weather seems a remote concern as Europe swelters, but traders and strategists got a reminder last week of the continent’s fragile energy security and bond-market risks.
Gautam Adani’s ports business appointed MSKA & Associates as its statutory auditors after Deloitte Haskins & Sells LLP resigned, a move that may again put the spotlight on governance at the Indian conglomerate.
Malaysia’s ruling coalition held on to three of six states contested in provincial elections Saturday, providing Prime Minister Anwar Ibrahim with breathing space nine months into his mandate.
A push to return more British workers into the office risks undercutting a surge in the hours that women spend on the job, reversing one of the few positive trends for the economy.
One of the world’s biggest agricultural lenders is urging farmers on its home patch to go organic or cut output, as political pressure and ecological devastation force a dramatic change of tack.
China’s foreign ministry criticized Taiwan vice president Lai Ching-te’s visits to the US that bookend a trip now underway to Paraguay, saying the plan “seriously violates the one-China principle.”
New Zealand’s ruling Labour Party said it will exempt fruit and vegetables from the Goods and Services Tax if it wins a third term at elections in October.
Brazil’s Federal Police asked the Supreme Court to release Jair Bolsonaro’s private banking and tax records as part of an investigation into the attempted sale of some gifts the former president received when he was in office, O Globo newspaper reported.
One of China’s best-performing bond fund managers boosted holdings of local government financing vehicles after a key economic policy meeting last month fueled optimism in the debt-laden sector.
