Nov 11, 2022 18:43 PM- China’s Bank Loans Lowest Since 2017 as Economy Slows
- Lending and overall credit growth slumped in October, suggesting a further slowdown in the world’s second-largest economy
Nov 11, 2022 13:38 PM- TSMC, Samsung Lead Asian Chip Stock Rally as Rate Concerns Fade
- The Bloomberg Asia Pacific Semiconductors Index jumped 7.6%, the most since March 2020
Nov 11, 2022 04:51 AM- Foxconn Profit Misses in Quarter Before Covid Turmoil
- Giant iPhone maker warns that consumer electronics revenue will fall this quarter as it works to crank up output at China’s ‘iPhone City’
Nov 11, 2022 04:41 AM- China’s Guangdong Province Tests Novel Way of Pricing Government Debt
- Outperforming trading hub may slash borrowing costs as benchmark switches from sovereign notes to local government bond yield curve
Nov 10, 2022 16:44 PM- Oil Retreats as China’s Covid Struggles Tarnish Demand Outlook
- U.S. benchmark price eases toward $85 a barrel after losing 3.5% on Wednesday as Chinese government measures to fight Covid hurt consumption
Nov 10, 2022 16:33 PM- Cathay Pacific’s New CEO Inherits Long To-Do List for Carrier’s Revival
- Ronald Lam takes over with Hong Kong’s main airline still in a tight spot after Covid travel restrictions left it operating at bare-bones capacity for much of the pandemic
Nov 10, 2022 16:28 PM- China Stocks Slide as Covid Curbs Temper Reopening Hopes
- A gauge of Chinese tech shares in Hong Kong shed more than 3%, with heavyweights Tencent and Alibaba falling ahead of their earnings releases next week
Nov 10, 2022 16:18 PM- Binance Backs Out of FTX Rescue, Citing Finances, Investigations
- The crypto exchange founded by Changpeng Zhao says the rival cryptocurrency bourse had issues ‘beyond our control or ability to help’
Nov 10, 2022 04:51 AM- TikTok Slashes Ad Sales Target by $2 Billion After Tech Downturn
- ByteDance unit’s 17% reduction in projected ad revenue reflects pullback in marketing outlays worldwide that’s also affecting Alphabet, Amazon, Meta and Microsoft
Nov 10, 2022 04:45 AM- TSMC Prepares for Another U.S. Plant as China Tensions Simmer
- Taiwan semiconductor giant starts construction of a building next to its $12 billion complex in Arizona that could house a second fabrication unit
Nov 09, 2022 16:40 PM- Sam Bankman-Fried Bows to Rescue From Binance as FTX Buckles
- The takeover is a startling twist for the exchange, whose 30-year-old founder had emerged in recent years as the ready-for-prime-time face of crypto
Nov 09, 2022 14:45 PM- China Producer Prices in Deflation for First Time Since 2020
- PPI fell 1.3% in October as global commodity prices slid and Covid controls weighed on demand
Nov 09, 2022 14:02 PM- China Developers Soar as State Help Fuels Bets on Market Bottom
- Property firms’ dollar bonds rose as much as 5 cents on the dollar, according to credit traders
Nov 09, 2022 05:17 AM- China Banks Are Now Valued Like U.S. Banks at Depths of 2008 Crash
- Shares of top lenders fall to near record lows as government leans on them to bolster China’s flagging economy
Nov 09, 2022 05:09 AM- China Expands Financing Tool That Can Support Ailing Developers
- Bond market regulator broadens 2018 program to back $34.5 billion in borrowing by private companies via bond sales
Nov 08, 2022 16:22 PM- China Stock Rally Pauses as Covid Cases Surge Most Since April
- A key benchmark of mainland shares listed in Hong Kong slips as much as 1.5%, while a separate gauge on Chinese tech shares fall as much as 2.4%
Nov 08, 2022 16:15 PM- Nvidia to Sell New Chip in China It Says Meets U.S. Export Ban
- The A800 graphics processing unit ‘meets the U.S. government’s clear test for reduced export control,’ chipmaker says
Nov 08, 2022 04:38 AM- Fast-Fashion Upstarts Are Using Shein’s Own Strategies Against It
- Pinduoduo’s Temu poses biggest threat to dominance of China’s Shein, which keeps the looms in Guangdong’s garment factories running around the clock
Nov 08, 2022 04:28 AM- China Ceramics Hub Refocuses on Battery Metals Amid Lithium Frenzy
- Factories in Jiangxi province’s Gao’an switch from bathroom tiles to turning refinery waste into lithium-containing bricks for sale to battery materials makers
Nov 07, 2022 16:59 PM- China Starts COP27 With Call for Climate Aid to Poorer Nations
- Rich countries remain wary of opening a door that could lead to unlimited financial claims
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