Bloomberg Markets
Huachen Energy Co. plans to present a proposal to restructure its bonds, including $627 million in dollar-denominated notes, to investors as early as August, according to people familiar with the matter, as the Chinese power producer makes a fresh bid to ease liquidity pressure.
Bloomberg Markets
Cathay United Bank Co. Chairman Kuo Ming-jian has resigned following a regulatory breach at the lender’s asset management affiliate linked to his outside positions, an incident that culminated in a physical altercation with a member of Taiwan’s billionaire Tsai family.
Financial Times
The US Treasury, commerce department and other government offices request limited distribution of GPT 5.6
Bloomberg Markets
Oil prices turned higher after a ship was hit by an unknown projectile in the Strait of Hormuz, sustaining damage to the bridge. Bloomberg's Mica Soellner has the context. (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Gold steadied near $4,000 an ounce as the latest US inflation gauge tempered expectations for an interest-rate hike, capping a tumultuous week that saw bullion slump to the lowest since November.
Yahoo Finance
Yahoo Finance