
ByteDance to wind down Nuverse in full retreat from gaming -sources
By Josh Ye HONG KONG (Reuters) -TikTok maker ByteDance is set to internally announce on Monday the winding down of
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Iron Ore Falls as China Warns of More Supervision to Curb Prices
Iron ore declined after its longest streak of weekly gains since January, hit by Beijing’s latest warnings about
1970-01-01 08:00

China Industrial Profit Growth Eases Amid Deflation Pressures
Profits at China’s industrial companies rose at a much slower pace in October than the prior month as
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ByteDance Is Said to Shut Main Gaming Arm in Business Retreat
ByteDance Ltd. plans to wind down its main gaming brand Nuverse in a major withdrawal from the sector,
1970-01-01 08:00

Australian PM Albanese’s Support Slumps to Lowest Since Election
Support for Australia’s center-left Labor government has slumped to the lowest level since it was elected 18 months
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Korea Probes Sales of Derivative Products Tied to Chinese Stocks
A South Korean regulator is investigating whether financial institutions that sold derivatives products linked to Chinese stocks adequately
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Won Seen Having Upper Hand Over Baht as Asia’s Best Currency
The South Korean won will probably maintain its lead as the best-performing Asian currency this quarter, keeping ahead
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Hong Kong’s Stressed Developers Start to Turn to Private Credit
Private credit lenders are circling distressed property developers in Hong Kong, with a record $23.4 billion of bank
1970-01-01 08:00

Yuan’s Recovery Gains Momentum as Seasonal Tailwind Kicks In
China’s yuan is set to be boosted by year-end tailwinds and by speculation its recent rebound will encourage
1970-01-01 08:00

China’s Property Stimulus Creates Iron Ore Price Conundrum
Can you end a years-long property crisis without triggering a surge in the commodity that stands to benefit
1970-01-01 08:00

Asian Stocks to Rise as ‘Fear Gauge’ Hits 2020 Low: Markets Wrap
Asian stocks are poised to start a fresh week higher after US shares held last week’s gain in
1970-01-01 08:00

Battery Prices Are Falling Again as Raw Material Costs Drop
As the auto industry grapples with how to make affordable EVs, the task may get easier by one
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