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Chinese stock investors say worst yet to come in country's property crisis

Sentiment has only worsened this week as worries about liquidity and weak housing demand intensified

China's manufacturing activity expands for first time since March

Along with looser monetary policy, the country has also seen an uptick in local government borrowing for infrastructure as authorities look for ways to support growth

BP's US prez David Lawler quits just weeks after CEO Looney's resignation

The high-profile departure comes only two weeks after Looney resigned, admitting to not fully disclosing relationships with colleagues

Weight loss drugs like Ozempic, Wegovy would reduce airlines' costs

There could be a more than $100 billion global market for such medicines, with sales climbing quickly through the end of the decade

Europe's richest royal family builds nearly $300 billion finance empire

"We continue to look," Olivier de Perregaux, 58, chief executive officer of LGT Private Banking, said in a recent interview. "We are, however, primarily focusing on organic growth."

LVMH billionaire Bernard Arnault probed over possible money laundering

The investigation into Arnault and Nikolai Sarkisov involves transactions related to property in the exclusive ski resort of Courchevel, according to Le Monde newspaper

Standard Chartered does not see rupee cross 84 even if dollar climbs

Sinha said the RBI will continue to maintain tight liquidity conditions to help support the rupee unless "we see big shocks from the global markets or if crude starts trending higher"

Hindustan Zinc plans to create separate entities for its commodities

Hindustan Zinc Ltd said in a statement that it would create different legal entities for its zinc & lead, silver, and recycling businesses

Credit Suisse flags $2 bn loss as wind-down proceeds after UBS acquisition

The losses from the loan portfolios won't affect UBS's third-quarter results because the impact was previously taken into account, according to Andreas Venditti, an analyst

Govt aims to monetise $24 billion worth of highways by 2027: CareEdge

With 4,000 kilometers to 4,500 kilometers (2,796.2 miles) of new roads likely to be commissioned annually by the National Highways Authority of India over the next three years

War in Ukraine pushes India to obtain more self-propelled guns to arsenal

The South Asian country wants to obtain another 400 of these guns, which would make the equipment about a sixth of all artillery pieces in the Indian armory

Ambani's JioCinema to appoint former Google Manager Kiran Mani as CEO

Mani formerly ran Google's Android operations in the Asia Pacific region

Itziar Irakulis Loitxate: The climate sleuth tracking methane leaks for UN

The 27-year-old PhD student isn't a detective but she may be the closest thing the world has to climate police

Sugar market eyes restrictions from India after lower monsoon rains

The global sugar market has been jittery for weeks on concerns that poor rains will crimp output and prompt India to restrict shipments to contain local prices ahead of an election next year

US Secy Blinken meets EAM S Jaishankar, skips Canada row in readout

The official readout of the meeting between Blinken and Indian External Affairs Minister Subrahmanyam Jaishankar in Washington didn't reference the dispute

Billionaire founder Hui Ka Yan suspected of crimes: China's Evergrande

Hui's accelerating downfall creates fresh uncertainty over the fate of Evergrande after setbacks to its restructuring plan in recent days roiled markets and raised the risk of a liquidation

Microsoft discussed selling Bing to Apple in 2020 as Google's replacement

Executives from Microsoft met with Apple's services chief, Eddy Cue, who brokered the current search engine relationship with Alphabet Inc.'s Google, to discuss the possibility of acquiring Bing

TikTok ad woos Republicans as candidates criticise China, says report

The ad from TikTok, which has 1.7 billion users, appeared several times throughout the debate

Rivalry between direct lenders, banks fueling riskier debt deals: Moody's

Private credit firms and banks have been in a tug of war over financing new deals, with direct lenders raising huge amounts of capital to do so

Russian oil trading close to $100 defying increasingly redundant G7 cap

G-7 officials have been long indicating that they have no intention of revisiting the cap for the time being, despite spot prices surging far above the threshold for Russian exports