China’s Property Lifeline Exposes Banks to Big Losses, Job Cuts
China’s escalating push to have its banking behemoths backstop struggling property firms is adding to a maelstrom of
2023-11-28 08:51
The Hong Kong Judge Who Puts Fear Into China’s Deadbeat Builders
In Courtroom No. 29, a gray, musty cubbyhole of a space wedged into the heart of Hong Kong’s
2023-11-28 08:25
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
2023-11-27 08:19
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,
2023-11-24 17:47
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
2023-11-24 12:18
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
2023-11-23 23:50
China Seen Holding Key Policy Rate Until 2024, Economists Say
China will likely wait until early next year to cut policy rates to support the economy, though other
2023-11-23 16:54
Chinese Debt Deemed Asia's Biggest Risk Turns Into a Lucrative Bet
Be greedy when others are fearful. Those who heeded Warren Buffett’s famous investment mantra would have benefited handsomely
2023-11-23 14:58
China Shifts Approach to Fatal Coal Mining Accidents to Ensure Supply Security
The latest fatal accident linked to coal production in China, this time caused by a fire in a
2023-11-23 11:16
China Parliament Pressures Banks To Step Up Property Finance
China’s banks should step up funding for property developers to reduce the risk of additional defaults and ensure
2023-11-23 08:48
China Must Avert ‘Hard Decoupling,’ Ex-PBOC Adviser Says
China needs to prevent any “hard decoupling” from the global economy as the world becomes more politically divided,
2023-11-22 18:24
China Set to Name Zhu Hexin as Head of FX Regulator: Reuters
China is set to name banking veteran Zhu Hexin as the head of its foreign exchange regulator, according
2023-11-22 16:28