Rising costs fuel worries about U.S. airlines' heavy debt loads

A scramble by U.S. carriers to fill empty cockpits is fueling cost pressures just as mounting economic worries have cast a shadow on travel demand, sparking concerns about debt-laden airlines' ability to repair their balance sheets.

newspaper

09-09-2022

Analysis-Rising costs fuel worries about U.S. airlines' heavy debt loads

A scramble by U.S. carriers to fill empty cockpits is fueling cost pressures just as mounting economic worries have cast a shadow on travel demand, sparking concerns about debt-laden airlines' ability to repair their balance sheets.

newspaper

09-09-2022

Exclusive-China EV maker Leapmotor puts off $1.5 billion Hong Kong IPO -sources

HONG KONG (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm investor interest, said two sources with direct knowledge of the matter.

newspaper

09-09-2022

China's consumer, producer inflation slows in August as COVID saps demand

China's consumer prices rose at a slower-than-expected pace in August while the rate of producer inflation hit an 18-month low, reflecting an economy plagued by weak domestic demand and leaving room for further central bank policy easing.

newspaper

09-09-2022

China's consumer, producer inflation slows in August

BEIJING (Reuters) -China's consumer prices rose at a slower-than-expected pace in August amid heatwaves and COVID-19 flare-ups, while producer inflation eased to the lowest since February 2021, official data showed.

newspaper

09-09-2022

Argentine soy farmers who hoard stock to face higher financing costs, central banks says

Argentine soy farmers who hold onto stock of more than 5% of their production will face an elevated financing cost above the normal benchmark rate, the South American country's central bank said on Thursday, part of a wider push to encourage sales.

newspaper

08-09-2022

Down ... but not out

A look at the day ahead in Asian markets from Jamie McGeever

newspaper

08-09-2022

U.S., Indo-Pacific countries launch trade talks shunning tariff cuts

(Reuters) -Economic ministers from the United States and 13 Indo-Pacific countries launched negotiations on Thursday on Washington's first major pan-Asian trade engagement effort in nearly a decade, but this time any deal will not cut tariffs.

newspaper

08-09-2022

Property developer Sunac China will oppose winding-up petition in Hong Kong

Cash-strapped property developer Sunac China said on Thursday it will oppose the winding-up petition it received at the Hong Kong High Court over the non-payment of certain senior notes worth $22 million and interest.

newspaper

08-09-2022