Sep 29, 2022 03:31 AM- Merck in Deal With Sinopharm to Bring Covid Antiviral to China
- Drugmakers consider technology transfer to crank up production once the treatment wins regulatory approval
Sep 29, 2022 03:19 AM- How Singapore and Hong Kong Stack Up as Financial Centers
- As Hong Kong moves to end its Covid isolation, the city retains advantages in equities, pay and forex, while Singapore leads as a wealth center
Sep 29, 2022 03:13 AM- China Warns Speculators Not to Bet Against the Yuan
- Central bank steps up jawboning defense as the currency drops to its lowest value against the rampant dollar in 14 years
Sep 28, 2022 15:10 PM- China’s Currency Falls to Weakest Since 2008 on Signs PBOC Is Easing Grip
- The onshore yuan has depreciated more than 4% against the dollar this month and is on track for worst annual loss since 1994
Sep 28, 2022 15:06 PM- Bangladesh Sets Sights on Yuan Trade as Cushion Against Mighty Dollar
- Shrinking forex reserves spur the South Asian country to scramble for alternative currency arrangements
Sep 28, 2022 03:22 AM- China High-Grade Dollar Bonds Provide a Relative Haven Amid Rout
- As global bonds lose 5.6% this month, Chinese dollar debt eases just 2.3% as economy is seen as more stable than others in Asia
Sep 28, 2022 03:15 AM- Morgan Stanley Joins Chorus Expecting China Reopening Next Spring
- Goldman and Nomura also see government dropping ‘zero-Covid’ strategy as too much of a drag on the economy
Sep 27, 2022 17:03 PM- China, North Korea Restore Rail Link on Kim Jong Un’s Key Trade Route
- The cargo line is reopening after trains were suspended in April as part of measures to control Covid
Sep 27, 2022 16:05 PM- Yuan Plunge Nears 14-Year Low, Inviting Aggressive PBOC Pushback
- The onshore yuan has lost about 4% this month as U.S.-China policy divergence persists and the dollar remains strong
Sep 27, 2022 16:03 PM- China Industrial Profits Fall Further as Producer Prices Slow
- Earnings slipped 2.1% in the January-to-August period compared with a year earlier, as factory gate inflation slowed to 2.3% last month, official data shows
Sep 27, 2022 15:59 PM- China’s Renewables Growth Lifts Copper Demand as Housing Falters
- The highly conductive metal is needed for the booming electric-vehicle sector and the construction of massive wind and solar projects in the country’s interior
Sep 27, 2022 03:34 AM- Hong Kong’s Exports Plunge the Most Since Pandemic Began
- September shipments fall 14.3% in a fourth straight month of decline reflecting disrupted trade with the mainland and cooling global economies
Sep 27, 2022 03:19 AM- Weaker Demand for Chinese Goods Spells End of Shipping Boom
- Shipping costs plunge worldwide amid slowing economies and inflation turmoil, dimming prospects for the container transport industry
Sep 26, 2022 15:31 PM- Macao Casinos Jump Most in Six Months on Tourism Revival Bets
- The share prices of six licensed casino operators gained more than 10% on Monday as the gambling hub announced plans to welcome back Chinese tourists as soon as November
Sep 26, 2022 15:28 PM- China Reinstates Risk Reserves for Derivatives to Support Yuan
- The central bank will impose a requirement of 20% on banks’ foreign-exchange forward sales to clients, in an effort to make onshore bets against the yuan more expensive
Sep 26, 2022 15:25 PM- Solar Outshines Wind to Lead China’s Clean-Energy Transition
- The installation of panels has become so popular that officials drafted regulations to prevent developers putting them on land needed for other uses
Sep 24, 2022 17:17 PM- China Construction Bank to Set Up $4.2 Billion Fund to Buy Properties
- Fund to ‘invest in existing assets‘ as policy makers seek to contain real estate crisis
Sep 24, 2022 02:56 AM- China Could Throw $501 Billion at the Real Estate Debacle
- Analysts estimate the government could scrape up more than enough money to resolve a crisis that’s dragging on the economy
Sep 24, 2022 02:53 AM- China’s Spot Soymeal Prices Jump to Record in Sign of Shortage
- Rally could drive up costs for hog farmers and spur higher pork prices just as Beijing is fighting inflation pressures
Sep 23, 2022 17:50 PM- Hong Kong Ends Hotel Quarantine in Biggest Covid Shift Yet
- Incoming travelers will still be tested and barred from restaurants for three days, city’s leaders says
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