HSBC Announces Fresh Buyback as Higher Rates Propel Profits
HSBC Holdings Plc announced a new buyback program as higher interest rates stoke the bank’s profits. The London-based
2023-08-01 12:24
Top China Housing Official Urges Fresh Property Aid Efforts
China’s top housing official urged financial regulators and lenders to strengthen efforts to revive the country’s ailing property
2023-07-28 15:54
Evergrande EV Unit Slumps 68% as Trading Resumes After Long Halt
China Evergrande New Energy Vehicle Group Ltd. tumbled 68% early Friday as trading resumed in the troubled company’s
2023-07-28 09:50
China Names Pan Gongsheng as New Central Bank Governor to Revive Economy
China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution
2023-07-25 19:23
AI Is Rewriting the Rules of $200 Billion Games Industry
Executives and politicians across the world worry about the havoc that next-generation artificial intelligence will wreak on industries
2023-07-25 09:51
Toyota Dismisses About 1,000 Factory Contract Workers in China
Toyota Motor Corp. has dismissed roughly 1,000 contracted factory workers in China as the world’s top-selling automaker adjusts
2023-07-25 09:46
JPMorgan Sees 35% Downside for China’s Top Builder as Woes Mount
Shares of Country Garden Holdings Co. are expected to drop 35% as liquidity concerns surrounding China’s private builders
2023-07-24 15:26
Evergrande Creditors Seized a $1.6 Billion Tower They Can’t Sell
Nothing symbolizes the demise of China Evergrande Group like the Hong Kong tower that it bought for a
2023-07-20 10:46
China AI Chip Firm Targeting Nvidia Seeks Hong Kong IPO in 2023
Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an initial public offering in Hong Kong as
2023-07-18 15:22
How China Beat Everyone to Be World Leader in Electric Vehicles
In the race to reduce carbon emissions, countries from the US to New Zealand are doling out incentives
2023-07-18 05:23
Wanda Warns of $200 Million Shortfall on Bond, Surprising Market
One of China’s most closely watched property firms warned of a funding shortfall just days before a key
2023-07-17 17:52
Mitsubishi Motors Suspends China Business After Sluggish Sales
Mitsubishi Motors Corp. has suspended its China business indefinitely and will lay off staff after years of poor
2023-07-14 12:18