Sep 02, 2022 04:03 AM- Metals Rout Deepens as China Lockdowns Add to Growth Fears
- Copper extends five-month losing streak while aluminum and zinc decline amid wave of risk aversion and economic pessimism
Sep 02, 2022 03:48 AM- Hong Kong Gets Nod for Reverse Quarantine Into Mainland
- Chief Executive John Lee proposes to open bottleneck by having travelers isolate in Hong Kong before entering China
Sep 01, 2022 16:21 PM- Alibaba’s Lazada Eyes Europe Push to Take on Amazon, Zalando
- The e-commerce platform’s advance into Europe follows a $912.5 million investment from its Chinese parent
Sep 01, 2022 16:18 PM- Fund Backed by Li Ka-shing Sees Gold in Southeast Asia
- Horizons Ventures co-founder says the firm also has an eye on ‘women-centric’ startups in Japan
Sep 01, 2022 16:08 PM- China Sets Stronger-Than-Expected Yuan Fixing for Seventh Day
- PBOC set the fix at 6.8821 per dollar, 103 pips stronger than the average estimate in a Bloomberg survey of analysts
Sep 01, 2022 13:48 PM- Nvidia Declines on Warning That China Restriction May Hurt Sales
- Shares of the chip designer drop as much as 5.1% in extended trading following the disclosure that some products will require U.S. government approval to be sold to Chinese customers
Sep 01, 2022 02:45 AM- China Provides the Big Deals as IPOs Slump Globally
- First-time share sales in Asia Pacific total $14.9 billion in August as Hong Kong and mainland offerings account for all but two of the $100 million IPOs
Sep 01, 2022 02:13 AM- NetEase Acquires France’s Quantic Dream in Gaming Expansion
- Chinese gaming giant steps up international expansion in the face of economic and regulatory headwinds at home
Aug 31, 2022 18:13 PM- Mikhail Gorbachev, Soviet Leader Who Ended Cold War, Dies at 91
- The former president’s attempts to shake up his country’s political and economic system led to the collapse of the Communist superpower
Aug 31, 2022 17:22 PM- China’s Mega Banks Hit by Margin Squeeze Amid Bad Loan Pressure
- ICBC’s net income grew 4.9% in the first half, the slowest in two years, while earnings at BOC and CCB climbed 6.3% and 5.4%, respectively
Aug 31, 2022 17:11 PM- China’s Lithium Giants Notch Earnings Records on Supply Crunch
- Tianqi Lithium’s net income skyrocketed while Ganfeng Lithium jumped fivefold in the first half of 2022
Aug 31, 2022 16:49 PM- China’s Factories Still Struggling as Power Cuts Curb Output
- The official manufacturing purchasing managers index rose to 49.4 from 49 in July, remaining in contractionary territory
Aug 31, 2022 16:35 PM- Chinese Property Giants See Fortunes Diverge During Crisis
- Country Garden posted a record 96% drop in profit, while its biggest rival Vanke reported an 11% increase in net income
Aug 31, 2022 03:34 AM- Buffett Sells $47 Million of His BYD Stake, Spurring Bets of More Cuts
- Speculation continues to swirl that legendary investor may unload more of Berkshire Hathaway’s hugely profitable $8 billion holding
Aug 31, 2022 03:18 AM- Chinese Airlines’ Pandemic Losses Balloon to $18.5 Billion
- Air China, China Southern and China Eastern add more red ink in the 2022 first half amid Covid control disruptions
Aug 30, 2022 18:47 PM- China Bad Debt Managers See Earnings Tank on Property Losses
- Aggressive lending to embattled developers and unchecked expansion into other areas during the sector’s boom years have saddled the funds with heavy credit losses
Aug 30, 2022 15:53 PM- BYD’s First-Half Net Income Triples to Top End of Forecast
- Record output and sales shielded the carmaker from Covid disruptions and supply-chain pain
Aug 30, 2022 15:50 PM- Premier Li Says Stimulus Now ‘More Forceful’ Than in 2020
- This year’s economic policies had to be implemented to keep the economy running, as the country faces an arduous task in ensuring a recovery, Li Keqiang told the State Council on Monday
Aug 30, 2022 15:47 PM- China Takes Stronger Stance Against Weakening Yuan
- PBOC fixes the currency at 6.8802 per dollar, the second-strongest bias on record going back to 2018
Aug 30, 2022 06:34 AM- Brand Loyalty Becomes a Winning Strategy in China’s EV Wars
- Local competition to host annual ‘Nio Day’ shows the value of winning over hearts and minds in the crowded electric-car business
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