Sep 23, 2022 15:59 PM- Singapore Overtakes Hong Kong as Asia’s Top Financial Hub
- The city-state is ranked third in a list of global financial centers, while Hong Kong has slipped to fourth
Sep 23, 2022 15:55 PM- Japan Steps In to Support the Yen for the First Time Since 1998
- The currency has tumbled around 20% against the dollar this year as hedge funds have piled into short bets
Sep 23, 2022 14:54 PM- Battery-Maker CALB Seeks Up to $1.7 Billion in Hong Kong IPO
- The company is offering about 265.8 million shares at a price between HK$38 and HK$51 each
Sep 23, 2022 14:46 PM- Japan to Restore Visa-Free Travel as Pandemic Recedes
- The country’s move to scrap most restrictions on foreign tourists from Oct. 11 comes as the threat of Covid eases and the yen slumps to 25-year lows
Sep 23, 2022 04:04 AM- China’s CATL Considers Third Battery Plant in Europe
- World’s biggest maker of EV batteries already has a factory about to start production in Germany while building a second one in Hungary
Sep 23, 2022 03:59 AM- Hong Kong’s Share of Asian IPOs Slumps to Lowest This Century
- Capital-raising falls 78% from a year ago amid rising inflation and interest rates as Shanghai and Shenzhen take the lead
Sep 23, 2022 03:56 AM- Airbus Wins $4.8 Billion China Jet Order in Blow to Boeing
- China Southern unit Xiamen Air agrees to buy 40 narrowbody planes in the A320neo series from 2024 to 2027
Sep 22, 2022 18:12 PM- To Ensure Food Security, China Calls for Cutting Share of Soy in Animal Feed
- The farm ministry is encouraging producers to diversify away from soybean meal due to high import costs and inflation risk
Sep 22, 2022 17:08 PM- Yuan Losses Show China’s Struggle to Defend Its Currency
- The renminbi is set for its longest losing streak since June, despite the central bank setting stronger-than-expected fixings in every single session for almost a month
Sep 22, 2022 15:48 PM- Hong Kong Stocks Tumble to 2011 Low on Fed, Geopolitical Risks
- The city’s benchmark stock index has shed more than 22% this year, extending its 14% loss in 2021
Sep 22, 2022 15:35 PM- Goldman Cuts China’s 2023 Growth Forecast as ‘Zero Covid’ Stays
- GDP will increase 4.5% in 2023, down from a previous projection of 5.3%, the bank’s economists predicted
Sep 22, 2022 04:44 AM- China Fortune Land’s Debt Plan Meets Resistance
- Advisers to holders of $4.96 billion of the developer’s dollar bonds buck a proposal to push out repayments by eight years
Sep 22, 2022 04:40 AM- Car Dealer Pendragon in Talks to Bring Chinese EVs to Britain
- The move is part of Pendragon’s broader efforts to boost its new car franchise business
Sep 21, 2022 20:13 PM- China Loses Allure as European Firms Rethink Investments, EU Chamber Says
- A focus on political goals like ‘zero Covid’ over economic objectives is making the country less appealing
Sep 21, 2022 17:46 PM- Tencent Music Rises in Hong Kong After Debut Without Fresh Funds
- The Shenzhen-based company listed in the Asian financial hub by way of introduction, a quicker and easier route for firms whose stock is already trading publicly elsewhere
Sep 21, 2022 14:55 PM- ADB Cuts Developing Asia Growth Outlook on Slowing China Expansion
- Sporadic Covid-19 outbreaks and new lockdowns have weakened the country’s growth, which the Asian Development Bank said will be slower than the rest of developing Asia for the first time in more than three decades
Sep 21, 2022 14:52 PM- China’s Interest Rates Leave Room for Future Action, PBOC Says
- Real rates in the country are ‘slightly lower’ than the pace of potential economic growth, helping make debt sustainable and providing the government with ‘extra’ policy scope
Sep 21, 2022 14:49 PM- Hong Kong Tycoon-Backed Firm Is Raising $500 Million to Invest in Crypto, PE
- C Capital is marketing a $200 million blockchain fund and plans to gather about $300 million to invest in private equity and private credit strategies, sources say
Sep 21, 2022 04:40 AM- Hong Kong to Cut Hotel Quarantine as Beijing Shows Support
- Chief Executive John Lee pushes easing Covid controls to help the financial hub compete with New York, London and Singapore
Sep 21, 2022 04:37 AM- Boeing Holds Talks With China Regulator on 737 Max Comeback
- Aircraft maker to address issues raised at Sept. 14 meeting, potentially clearing the way for regulatory approval to put plane back into service
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