Thailand’s new government is set to unveil a number of fiscal stimulus measures next week that will include debt suspension for millions of farmers and small businesses, and a cut in energy prices to bolster growth in an economy still reeling from the pandemic.
After a year and a half of being all but frozen out, Sweden’s embattled property companies are starting to issue bonds again in a tentative sign that a financing crunch is beginning to ease.
Chinese developer Country Garden Holdings Co. faces its next major test Monday when creditors finish voting on company requests to extend more bonds, just days after dodging a default with last-minute payments.
European Central Bank Governing Council member Francois Villeroy de Galhau said interest rates are near a peak, but declined to indicate if that means the institution should hike or hold next week.
Barratt Developments Plc is the latest housebuilder to report a slump in home sales as high mortgage rates grip the UK housing market.
SoftBank Group Corp.’s Arm Holdings Ltd. is planning to raise as much as $4.87 billion in the chip designer’s long-anticipated initial public offering, marking lowered ambitions for an IPO that was once expected to generate roughly twice that amount.
Chinese Premier Li Qiang is set to inspect a high-speed train funded by his nation in Indonesia, even as rival Japan underscores its willingness to help the region develop transport infrastructure.
China’s public is expressing concern about a potential legal change that would allow for fines and even jail time for people who offend the government’s sensibilities by wearing the wrong clothing.
Saudi Telecom Co. is taking a nearly 10% stake in Spain’s Telefonica SA for roughly $2.25 billion as the struggling Madrid-based carrier prepares to lay out a new strategy for future growth.
Emmanuel Macron’s plan to slash €2 billion ($2.2 billion) in taxes for households could take effect in 2025, France’s finance minister said.
