Evergrande: Crisis-hit Chinese property giant reports $4.5bn loss
The heavily-indebted firm's shares are set to resume trading in Hong Kong from Monday.
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
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
EV maker BYD buys US firm Jabil's China manufacturing business for $2.2 billion
(Reuters) -Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil
1970-01-01 08:00
Flagging Growth Fuels Tensions Clouding Vietnam Premier’s Future
While disagreements are common between elected leaders and central bankers, they’re unusual in one-party, Communist-run nations. When they
1970-01-01 08:00
Tech-Reliant Won Counts on Boost From Nvidia’s Sales Forecast
AI chipmaker Nvidia Corp.’s better-than expected earnings may be the catalyst the tech-reliant Korean won is looking for.
1970-01-01 08:00
China’s Worsening Economic Slowdown Is Rippling Across the Globe
China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown
1970-01-01 08:00
Fed Watchers Seek Clues, Raimondo in China: Sunday US Briefing
Here we are, in the waning days of summer and a month marked by wildfires, mug shots, a
1970-01-01 08:00
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
1970-01-01 08:00
US Commerce chief seeks trade, tourism boost in China talks
By David Shepardson BEIJING U.S. Commerce Secretary Gina Raimondo arrives in Beijing on Sunday for a four-day visit
1970-01-01 08:00
China Evergrande H1 net loss narrows to $4.5 billion
HONG KONG Property developer China Evergrande Group on Sunday reported a January-June net loss of 33 billion yuan
1970-01-01 08:00
Emerging-Market Funding Gets Creative as Dollar Bonds Dry Up
At the BRICS summit in Johannesburg this week, a key item on the agenda was reducing dollar dependence
1970-01-01 08:00