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LATEST International  

KPMG director fined $203 800 for misleading audit inspectors

19 Jan 2022 /  Katharine Gemmell, Bloomberg
The FRC is currently in the midst of a disciplinary hearing involving six former employees at the auditing giant.

London mulls extending car emissions fees across entire city

18 Jan 2022 /  Charlotte Ryan, Bloomberg
To help meet ambitious environmental targets by 2030.

Agile downgraded by S&P; contagion roars back: Evergrande update

18 Jan 2022 /  Jan Dahinten, Bloomberg
With the rating firm citing depleting cash and poor liquidity amid big debt maturities and limited refinancing options.
UPDATE

Brent oil edges toward highest since 2014 on tightening market

18 Jan 2022 /  Devika Krishna Kumar and Grant Smith, Bloomberg
Brent for March edged up 0.4% to settle at $86.48 a barrel on the ICE Futures Europe exchange.

Stronger world economy predicted for 2022: PwC Annual Global CEO Survey

18 Jan 2022 /  Palesa Mofokeng
Most CEOs around the world expect things to improve, despite potential threats.

Property bonds sink on Logan debt concerns: Evergrande update

17 Jan 2022 /  Beth Thomas, Bloomberg
Concerns about the developer are weighing on the broader pool of China high-yield property issuers.
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India’s richest more than double their fortunes during Covid crisis, Oxfam says

17 Jan 2022 /  Archana Chaudhary, Bloomberg
The nation added 40 billionaires to 142 last year, when a second wave of infections overwhelmed its health infrastructure and pushed crematoriums and burial grounds to breaking point.

Green push ending 150-year tradition of bank passbooks in Japan

16 Jan 2022 /  Takashi Umekawa, Bloomberg
The country’s largest bank is encouraging clients to embrace digital services.

The cost of a new car won’t be dropping anytime soon

16 Jan 2022 /  Hannah Elliott, Bloomberg
'Tight supply has created strong pricing power and record profits for automakers.'

Italy lifts Covid entry ban on eight southern African states

14 Jan 2022 /  Emilio Parodi, Reuters
Italy banned entry for travellers from South Africa, Lesotho, Botswana, Malawi, Zimbabwe, Mozambique, Namibia and Eswatini on November 26.

Hitachi to sell half its digger unit stake for $1.6bn

14 Jan 2022 /  Masumi Suga, Bloomberg
Hitachi will retain a 25.4% stake after the sale, which also includes Japan Industrial Partners Inc. as a buyer. 

Djokovic’s Australian visa canceled again in public interest

14 Jan 2022 /  Chris Bourke, Bloomberg
Public outrage has dogged the champion since his arrival in the country late last Wednesday.

Australia’s hottest day in 60 years triggers gas plant outage

14 Jan 2022 /  Stephen Stapczynski, Bloomberg
The temperature hit 50.7 degrees Celsius (123 degrees Fahrenheit) in a part of Western Australia on Thursday.

Country Garden drop weighs on property sector: Evergrande update

14 Jan 2022 /  Jan Dahinten, Bloomberg
The stock is on track for its worst week since September, while a dollar bond due in 2024 is also set for a record low.

Surging global demand drives China’s exports to fresh record

14 Jan 2022 /  Bloomberg News
Pushing the annual trade surplus to a new high and providing support to an economy being dragged down by a property-market slump and sporadic Covid outbreaks.
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