Evergrande Delays Creditor Meetings on Restructuring Plans
China Evergrande Group delayed creditor meetings on its offshore-debt restructuring proposal just hours before they were to occur
1970-01-01 08:00
Fortescue Iron Ore Chief Hick Exits as China Woes Hit Profit
Fortescue Metals Group Ltd. joined iron-ore mining peers in posting lower profits due to China’s economic downturn, and
1970-01-01 08:00
China-Dependent Japan Stocks Plunge on Boycott Over Wastewater
Shares of Japanese companies that are especially reliant on China demand plunged after users online in Asia’s biggest
1970-01-01 08:00
Veteran Citigroup Banker Gidney to Retire After Almost 30 Years
Citigroup Inc.’s vice chairman of banking, capital markets & advisory for Australia, Jon Gidney, is leaving the firm
1970-01-01 08:00
China’s Economic Slump Continues to Batter Old Economy Steel and Coal Sectors
China’s slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline
1970-01-01 08:00
BYD’s iPad-Making Arm Pays $2.2 Billion for Jabil China Unit
The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for
1970-01-01 08:00
Australian Retail Sales Beat Estimates on Women’s World Cup
Australian retail sales rebounded surprisingly strongly in July, suggesting the nation’s heavily indebted households retain spending power even
1970-01-01 08:00
Stake Sale, IPO Plans in Focus for Ambani’s Annual Speech
When Asia’s richest man Mukesh Ambani addresses shareholders on Monday, investors expect the billionaire to divulge more details
1970-01-01 08:00
Didi Sells Smart Car Arm to China’s Xpeng for $744 Million
Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion
1970-01-01 08:00
Oil Edges Higher as China Stimulus Moves Offset Demand Concern
Oil rose for a third day after China announced measures to boost its stock and property markets, helping
1970-01-01 08:00
Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
1970-01-01 08:00
Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had
1970-01-01 08:00