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
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
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
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
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
Los Angeles Lakers: Championships, NBA Finals appearances, history & more
A brief overview of the history of the Los Angeles Lakers franchise, from the number of NBA championships to when the team was founded.
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
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
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