Vietnam Builders Halt $34 Billion Projects as Crisis Lingers
Vietnam builders have suspended more than 1,200 real estate projects worth 800 trillion dong ($34 billion) as funding woes continue to beset the industry.
Bloomberg Business
Vietcombank Said to Plan Raising $1 Billion From Stake Sale
JSC Bank for Foreign Trade of Vietnam, known as Vietcombank, is seeking advisors for a plan to raise about $1 billion to boost its capital, according to people familiar with the matter.
Serb President Urges Removal of New Mayors in North Kosovo
Serbia’s president called for the removal of new mayors in northern Kosovo, a step he said was needed to de-escalate tensions after the worst violence there in a decade.
ECB’s Lagarde Sees No Clear Evidence Core Inflation Has Peaked
It’s not yet apparent that core inflation has peaked in the euro zone, European Central Bank President Christine Lagarde said, pledging further increases in borrowing costs.
HSBC Explores Deals in Debt Market That Credit Suisse Built
HSBC Holdings Plc has added its name to the list of banks looking to expand into a fast-growing corner of an ESG debt market that’s so far been dominated by Credit Suisse Group AG.
A Third of Irish Corporate Taxes Are Paid by Just Three Firms
About a third of Ireland’s corporate tax revenues were paid by three corporate groups in 2021, according to new research which indicates the country’s tax receipts are even more concentrated than previously thought.
Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints on government spending through the 2024 election and avert a destabilizing US default.
Fewer French Support Protests Against Pension Reform, Poll Shows
French backing for strikes and demonstrations against President Emmanuel Macron’s already enacted pension reform has declined, according to a poll published Thursday.
UK House Prices Resume Decline With Warning of Headwinds
UK house prices resumed their decline, with Nationwide Building Society warning that headwinds for property sellers are increasing.
The Swiss Fall Out of Love With Cash
(Bloomberg) — Switzerland’s formerly cash-obsessed citizens are falling out of love with physical money.
