South Korea Adds to Fears Australia Green Rules Put Gas at Risk
South Korea became the latest country to express concern Australia’s new emissions reduction policies could pose a risk to gas projects.
South Korea became the latest country to express concern Australia’s new emissions reduction policies could pose a risk to gas projects.
China’s top housing official urged financial regulators and lenders to strengthen efforts to revive the country’s ailing property sector.
China’s latest efforts to stabilize the property sector is luring investors back into the market, pushing a gauge of developer stocks closer to a technical bull territory.
France’s economy grew significantly faster than estimated and inflation eased, providing a positive surprise as rising interest rates stoke recession fears in the 20-nation euro area.
The Korean regulator in charge of a federation of credit unions that’s grappled with rising delinquencies and withdrawals said there’s been stabilization, after the woes spooked broader markets earlier this month.
Standard Chartered Plc raised its forecasts for income growth for 2023 and doubled down on share buybacks as rising interest rates propelled earnings.
Eni SpA’s second-quarter profit fell as lower energy prices weighed on its performance, but the company beat analysts’ estimates.
Kering SA agreed to buy a 30% stake in fashion house Valentino for €1.7 billion ($1.87 billion) in cash as growth at Gucci, its biggest brand, continues to sputter.
Two of Europe’s largest airline groups gave an upbeat outlook for the rest of the year, saying demand remains strong as leisure travelers continue to book more long-haul journeys.
Toshiba Corp. said it now expects its $15 billion buyout offer by a group led by Japan Industrial Partners Inc. to begin in August instead of this month as it awaits regulatory approval.