China's Evergrande says losses narrowed by 50% in the first half of 2023 as shares plunge
Evergrande Group, the world's most indebted real state developer, has reported a significant narrowing in its net losses for the first half of the year, thanks to a rise in revenue because of "the short boom of the property market" earlier this year.
1970-01-01 08:00
China Evergrande shares plunge more than 80% as trade resumes after 17 months
By Clare Jim HONG KONG (Reuters) -Shares of China Evergrande Group shed 86.7% early on Monday when trading resumed following
1970-01-01 08:00
Dollar soft as investors digest 'higher for longer' path
By Ankur Banerjee SINGAPORE The dollar eased from a 12-week peak on Monday as traders weighed the U.S.
1970-01-01 08:00
China approves 37 retail funds to help revive market
SHANGHAI China's securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts
1970-01-01 08:00
China says its ban on Japanese seafood is about safety. Is it really?
In the busy streets of Hong Kong's Central district the lunchtime queues snake around the swanky Japanese restaurants where high-end sushi can sell at $150 a pop just for a tasting menu.
1970-01-01 08:00
Shares of Country Garden set to rise after it sells stake in development
HONG KONG Shares of Country Garden are set to rise 14.8% on Monday after it sold a minority
1970-01-01 08:00
China's Xpeng to take over Didi's autonomus vehicle unit, eyeing 2024 launch
HONG KONG China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car
1970-01-01 08:00
The LYCRA Company Launches New LYCRA® Brand Products at Intertextile Shanghai
WILMINGTON, Del.--(BUSINESS WIRE)--Aug 27, 2023--
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
Telstra Chairman Mullen to retire after 15 years
Australia's Telstra said on Monday that its chairman John Mullen would retire at the conclusion of this year’s
1970-01-01 08:00
Argentina offers financial aid to crisis-hit workers and pensioners
By Eliana Raszewski BUENOS AIRES Argentina's economy ministry on Sunday announced a series of benefits for workers and
1970-01-01 08:00
Marketmind: Data, policy, diplomacy - China in focus again
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
1970-01-01 08:00