Debt Crisis Threatens to Engulf China’s Surviving Developers
China’s housing crisis has engulfed the country’s private developers, producing record waves of defaults and leaving a shrinking
2023-09-05 06:55
Alibaba Cloud Eyes State Firms for Up to $3 Billion Fundraising
Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises
2023-09-04 18:28
China to Set Up New Agency to Promote Growth in Private Sector
China’s top economic planner is creating a new department to help private businesses, the latest step by the
2023-09-04 13:48
Chinese Banks Lend Billions to Russia Amid Western Sanctions: FT
China’s biggest banks are extending billions of dollars to Russia as sanctions pressure western lenders to exit the
2023-09-04 06:58
Macau Shutters All Casinos as Typhoon Saola Hits Gambling Hub
Macau ordered all casinos to close late Friday as Typhoon Saola wreaked havoc across the city, a rare
2023-09-02 07:20
China Crashes Germany’s Least-German Car Show in History
The I- in IAA, the name of Germany’s annual auto show, stands for international. This year’s event is
2023-09-01 14:53
Macau Casino Rebound Shows Travel Is Bright Spot Amid China’s Woes
Macau’s casino recovery is sustaining momentum, with gaming revenue in August rising 686% from a year earlier to
2023-09-01 14:22
Hong Kong Shuts Stock Market, Schools as Super Typhoon Nears
Hong Kong is bracing for what may be the strongest storm to hit the city in at least
2023-09-01 09:47
Hong Kong to Shut Down City Before Super Typhoon Saola Hits
Hong Kong is making preparations for a possible direct hit by Super Typhoon Saola, which is shaping up
2023-08-31 18:24
China Central Bank Meets With Private Firms, Pledges Funding
The People’s Bank of China met with lenders and private businesses on Wednesday, pledging to improve their access
2023-08-31 11:53
Country Garden to Issue HK$270 Million of Shares to Offset Loan
Country Garden Holdings Co. aims to issue HK$270 million ($34.4 million) of new shares, as the distressed developer
2023-08-30 09:23
Markets Show China Needs a Stimulus ‘Bazooka’ to Woo Investors
Chinese stocks surged at the open Monday after authorities took a raft of steps to bring investors back
2023-08-29 09:22