China’s Country Garden Makes Overdue Dollar-Bond Payments, Narrowly Avoiding Default
The property giant paid $22.5 million in coupons to international bondholders just before the end of a 30-day grace period.
RBA Stands Pat for a Third Month
The Reserve Bank of Australia left its official cash rate unchanged, but remained cautious about the outlook, saying that further interest-rate increases […]
Aussie Bond Bounce May Not Signal Dovish RBA Statement
Despite a relatively featureless statement from Australia’s central bank when keeping the cash rate unchanged at 4.10%, RBC observed a small bounce […]
Yes, There Is a Bull Case for Investing in China
Contrarians might have passed over China because of the constant flow of bad news. But the point of being a contrarian is […]
Russia-Led Theatrics Take Center Stage at U.N.
Moscow’s invitees to the Security Council’s discussions of the war in Ukraine have included the Pink Floyd co-founder Roger Waters.
What’s News: World-Wide
What’s News: World-Wide
Spotify’s $1 Billion Podcast Bet Turns Into a Serial Drama
The prospect of podcast riches led to aggressive investments in celebrity deals and original programming for what appeared a sky’s-the-limit media frontier.
China Caixin Services PMI Fell in August
A private gauge of China’s services activities fell to the lowest level in eight months, signaling that growth momentum in the sector […]
Jill Biden Tests Positive for Covid-19
The first lady is experiencing ‘mild symptoms,’ while President Biden has tested negative.
Why Are You So Tired? Your Sleep Schedule Needs a Reset
Healthy sleep schedules and habits tend to fall apart during summer. Now is the time to get back on track.
Orora Plans Equity Raise to Buy Bottle Maker Saverglass
Australian packaging company Orora will raise roughly $872.4 million to buy Saverglass, a French maker of high-end glass bottles.
Qantas CEO Alan Joyce to Step Down Early
Qantas Chief Executive Alan Joyce will step down two months earlier than planned, as Australia’s biggest airline seeks to quickly repair its […]