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Issue 625 | 16 Sep 2024 |
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Bankruptcy News |
US discount home goods retailer Big Lots (NYSE: BIG) has filed for Chapter 11 bankruptcy protection with plan to sell its business. The company secured over US$700 million in financing to keep its business running... |
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Asia and Australasia |
China: Solid export growth in August Figures from the General Administration of Customs (GAC) showed that exports from China increased... |
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Europe |
Eurozone: ECB cuts rates by 25 basis points again The European Central Bank (ECB) lowered its key deposit rate by 25 basis points to 3.5%...
Turkey: Industrial production falls in July According to the Turkish Statistical Institute, Turkey’s industrial output decreased by 3.9%... |
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North America |
US: Inflation falls to a 3-year low in August The Bureau of Labor Statistics reported that the US annual inflation rate fell to 2.5% in August... |
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Hong Kong Export Credit Insurance Corporation 2/F, Tower 1, South Seas Centre, 75 Mody Road, Tsim Sha Tsui East, Kowloon, Hong Kong Phone:2732 9988 Website:www.hkecic.com E-mail:info@hkecic.com |
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