Japan’s government plans to consider raising taxes to help fund a jump in defense spending a year later than previously stated, according to the latest draft of this year’s economic and fiscal policy plans seen by Bloomberg on Tuesday.
The lack of confidence is so entrenched among China’s equity investors that government efforts to boost growth are repeatedly met by calls for Beijing to do more.
Standard Chartered Plc in India has named Ankur Khurana co-head of client coverage for corporate, commercial and institutional banking.
With the Denver Nuggets closing out the National Basketball Association Finals on Monday, billionaire real estate developer Stan Kroenke’s racked up his fourth championship win in just a year and a half.
Investor confidence in Germany’s economy unexpectedly improved, though doesn’t signal a strong recovery from its first recession since the pandemic.
WATT Renewable Corp. aims to raise as much as $100 million by the end of 2024 to expand its business of providing solar power, mainly to telecommunications towers in Nigeria.
China’s credit demand weakened in May as the economy’s recovery lost steam, adding to reasons for the central bank to boost stimulus to spur growth.
Chinese regulators are considering promoting the development of the domestic high-yield bond market to expand financing channels for the economy, at a time when riskier borrowers are struggling to raise money.
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India is providing Egypt with a credit line of unspecified value, Egyptian Supply Minister Ali El-Mosilhy said, in the latest support from an ally for the North African nation’s troubled economy.
