TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows
Teten Masduki couldn’t stop talking about TikTok. In a July meeting with his team, the Indonesian minister broke
2023-09-28 14:15
Toyota Global Sales Hit Record High in August, Along With Output
Toyota Motor Corp.’s global sales rose 9% in August from a year earlier to a record 923,180 vehicles
2023-09-28 13:20
China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:48
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:57
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
2023-09-28 07:23
Mitsubishi Motors Will Stop Making Cars in China, Nikkei Reports
Mitsubishi Motors Corp. will end production in China, the Nikkei reported Wednesday, two months after the Japanese automaker
2023-09-27 18:54
China Property Stocks Slide to Lowest Since 2011 as Rout Extends
Chinese property stocks tumbled to their lowest levels since October 2011 as worries about liquidity and weak housing
2023-09-27 17:50
China Puts Evergrande’s Billionaire Founder Under Police Control
Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police
2023-09-27 15:21
EBRD Sees Challenge to Dollar from Russia’s Trade in Yuan
Russia’s rising trade in the yuan in the wake of the war in Ukraine and western sanctions may
2023-09-27 13:55
Haitong Securities Considers Taking Hong Kong Unit Private, Sources Say
Haitong Securities Co. is mulling to take private its Hong Kong-listed investment banking unit, people familiar with the
2023-09-27 13:20
China Industrial Profits Jump Sharply as Economy Stabilizes
Chinese industrial profits rose in August for the first time in more than a year, a further sign
2023-09-27 12:54
US to indefinitely extend China waiver for South Korean chipmakers -Yonhap
SEOUL (Reuters) -The U.S. is expected to indefinitely extend a waiver granted to South Korean chipmakers Samsung Electronics and SK
2023-09-27 10:51