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Chinese property developer Sino-Ocean Group said on Tuesday its restructuring plan was being implemented in an orderly manner and it expects to generate $2.8 billion in cash over the next decade to repay its new financing instruments. In July, the…
SEOUL : South Korea’s economy shrank 0.2 per cent in the second quarter, revised central bank data showed on Thursday, unchanged from its advance estimate issued in July. It was the sharpest quarterly contraction since the fourth quarter of 2022…
The next U.S. administration will be “constructive” on crypto regardless of which party wins, Coinbase CEO Brian Armstrong said late on Thursday, underscoring the industry’s growing political influence ahead of the November election. The highly volatile crypto sector is seen…