Sinopec Profits Shrink as Economic Woes Weigh on Fuel Demand
Sinopec’s first-half profits shrank amid lower oil prices and fuel demand being weighed down by China’s sluggish economic
1970-01-01 08:00
Junkiest Debt Rallies as Investors Brush Off Fed
Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank
1970-01-01 08:00
Hong Kong Turns to Tycoons to Get Party Scene Back on Track
Hong Kong is betting free alcohol and longer shopping hours will revive the city’s once-bustling nightlife. The government
1970-01-01 08:00
Hong Kong Perpetual Bonds Slump in Sign of China Property Contagion
Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years,
1970-01-01 08:00
Stellantis Weighs Tie-Up With EV Maker to Expand in China, Sources Say
Stellantis NV is considering a tie-up with a Chinese electric vehicle company as Europe’s second-largest automaker by sales
1970-01-01 08:00
Hong Kong Investor Starts Property Fire Sale After Wife Arrested
A Hong Kong businessman whose wife was arrested in Vietnam has emerged as the latest desperate seller in
1970-01-01 08:00
China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis
Only a week ago, Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of
1970-01-01 08:00
China Evergrande Group Files Chapter 15 Bankruptcy in New York
China Evergrande Group sought Chapter 15 bankruptcy protection in New York on Thursday, a move that protects its
1970-01-01 08:00
Cnooc First-Half Profit Slides as Weaker Oil Prices Hit Driller
Cnooc Ltd. said its first-half profit declined as oil prices slumped over concerns about global growth, including China’s
1970-01-01 08:00
Cathay Pacific Woos Travelers With Cheapest Tickets Since Covid
Cathay Pacific Airways Ltd. plans to start selling some of its cheapest tickets in more than three-and-a-half years
1970-01-01 08:00
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
1970-01-01 08:00
Hong Kong Rental Market Boosted by Chinese Taking Up Top Talent Pass Visas
An influx of mainland Chinese taking advantage of a new visa program to work in Hong Kong is
1970-01-01 08:00