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.
2023-08-28 10:48
Removing Fukushima's melted nuclear fuel will be harder than the release of plant's wastewater
The sound of treated radioactive water flowing to an underground pool could be heard as media toured Japan's Fukushima Daiichi nuclear power plant
2023-08-28 10:27
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
2023-08-28 10:20
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
2023-08-28 09:54
Argentina Lifts Wages, Welfare in Defiance of IMF Austerity Push
Argentina’s Economy Ministry announced measures to improve government workers’ salaries and funnel money toward retirees and poorer families,
2023-08-28 09:49
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.
2023-08-28 09:27
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
2023-08-28 09:24
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
2023-08-28 09:22
Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
2023-08-28 08:58
Flagging Growth Fuels Tensions Clouding Vietnam Premier’s Future
While disagreements are common between elected leaders and central bankers, they’re unusual in one-party, Communist-run nations. When they
2023-08-28 08:19
Hyundai Faces New Pressure Campaign from Southern Labor Groups
Hyundai Motor Co. is facing a pressure campaign from a coalition of labor groups and civil rights groups
2023-08-28 07:56
Asia Stocks Set for Small Gains; Currencies Steady: Markets Wrap
Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal
2023-08-28 07:29