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China Property Moves to Fuel 30% Hit to Land Sales, Goldman Says
China’s recent overhaul of the way homes are sold will exacerbate already stretched local government finances, fueling a 30% drop in land sale revenue...
Sep 07, 2026 · StaffOriginally on Wedgetail
Won Climbs to Two-Year High With Rally Momentum at Extremes
The South Korean won advanced to its strongest level in nearly two years Monday, helped by a rally in semiconductor stocks and continued foreign inflo...
Sep 07, 2026 · StaffOriginally on Wedgetail
At least 5 killed in Amazon Prime Air cargo plane crash in Miami
Prime Air Flight 7598 — a 32-year-old Boeing 767-300 freighter — overran Miami International Airport's diagonal runway and struck multiple vehicles on...
Sep 07, 2026 · StaffOriginally on Wedgetail
Goldman-backed taxi app Go says ridership strong even after fare hikes
Go President Hiroshi Nakajima said riders have absorbed higher prices and demand hasn't fallen as Taxi users are generally less price-sensitive.
Sep 07, 2026 · StaffOriginally on Wedgetail
Japan likely sold Treasurys to fund record yen intervention
Tokyo's holdings of foreign securities fell by $87.8 billion at the end of August from a month earlier, close to the scale of the recent intervention.
Sep 07, 2026 · StaffOriginally on Wedgetail
SoftBank’s ¥1 trillion retail bond rejuvenates Japan debt market
The offering comes as Japan's benchmark 10-year government bond yield topped 3% for the first time in about 30 years.
Sep 07, 2026 · StaffOriginally on Wedgetail
Russian Envoy Slams ‘Pressure Tactics’ Over Oil Sales to India
Russia is ready to supply India with as much oil as it needs to meet its energy requirements, the Kremlin’s envoy to New Delhi said, while denouncing ...
Sep 07, 2026 · StaffOriginally on Wedgetail
War-Tested Oil Traders Descend on Singapore as Fresh Risks Loom
Global oil markets are showing fresh signs of strain after months of war, as conflict-weary traders, anxious buyers, and under-pressure executives hud...
Sep 07, 2026 · StaffOriginally on Wedgetail
Hong Kong’s yuan pool is growing. Can it turn liquidity into global demand?
Hong Kong’s top financial regulators have urged local banks to make greater use of the city’s growing pool of offshore yuan liquidity, while also flag...
Sep 07, 2026 · StaffOriginally on Wedgetail
Japan’s Nikkei Gains as Tech Tailwinds Help Balance Macro Nerves
Japan’s Nikkei 225 climbed as tech stocks followed their US peers higher after Friday’s rally. Gains on the broader Topix were smaller as concerns abo...
Sep 07, 2026 · StaffOriginally on Wedgetail
Bathla stands down 213 staff, secures two-week funding extension
The floundering property developer Bathla Group stands down 213 staff as it secures two weeks worth of additional funding to continue construction at ...
Sep 07, 2026 · StaffOriginally on Wedgetail
Breaking: Bathla stands down staff as it faces collapse
The floundering Bathla Group has stood down 200 staff as it tries to find urgent funding.
Sep 07, 2026 · StaffOriginally on Wedgetail