China Opens Probes Into Embattled Shadow Banking Giant Zhongzhi
Chinese authorities said they opened criminal investigations into the money management business of embattled shadow banking giant Zhongzhi
1970-01-01 08:00
India’s Industrial Ascent, Big Yolo Spenders: Saturday Asia Briefing
The week ended on a cautiously optimistic note, with Hamas releasing its first hostages, including 10 Thai nationals
1970-01-01 08:00
Taylor Swift Tickets, Paris Trips and Dining Out: Consumers Splurge Even as Savings Fall
A group of US consumers has surprised companies and economists by splurging on Taylor Swift concerts, trips to
1970-01-01 08:00
Hypercar Maker Pagani Says China Has Lessons for Europe on EVs
Italian hypercar maker Pagani Automobili SpA is exploring new technologies including electric vehicles, an area where China’s expertise
1970-01-01 08:00
Muddy Waters’s Latest Target Follows String of Notable Wins
Short seller Carson Block’s bet against a Czech billionaire’s property firm is set to round out a relatively
1970-01-01 08:00
Alibaba Begins Overhaul to Revive Cloud Arm After Nixing Spinoff
Alibaba Group Holding Ltd. is taking the first steps toward revamping its cloud business by overhauling its leadership,
1970-01-01 08:00
Thailand Turns to Chinese Influencers to Allay Tourist Concerns
Thailand plans to tap Chinese social-media influencers and companies like Huawei Technologies Co. and Alipay to promote the
1970-01-01 08:00
PCCW Is Said to Explore $1 Billion Stake Sale in Fiber Business
PCCW Ltd., a telecommunications, media and technology conglomerate controlled by billionaire Richard Li, is mulling a significant minority
1970-01-01 08:00
Xi Tolerance for Property Pain Nears Limit as Rescue Takes Shape
China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance
1970-01-01 08:00
Hong Kong Dollar’s Rally Seen Extending on Liquidity Squeeze
A rally in the Hong Kong dollar that saw it touch the strongest level this year against the
1970-01-01 08:00
Saudi Arabia Raises $11 Billion Loan to Help Fund Deficit
Saudi Arabia has raised $11 billion through a syndicated loan as it looks to fund a budget deficit
1970-01-01 08:00
UAE Tightens Scrutiny on Russian Firms Amid Pressure From US
Russian firms based in the United Arab Emirates are coming under greater scrutiny from local banks as the
1970-01-01 08:00