Dec 03, 2022 05:03 AM- China’s 2023 Grand Prix Will Not Take Place Due to Covid
- Formula 1 auto racing organization drops plans for April event in China, signaling a fourth straight year of no Chinese Grand Prix
Dec 02, 2022 15:35 PM- Traders Start Taking Notice as China ETF Rebound Gets Extreme
- The country has been making slow but visible progress in loosening its stringent Covid restrictions, sparking a rally in stocks related to the nation’s economy
Dec 02, 2022 15:28 PM- IMF to Press China on Emerging-Market Debt Help as Worry Mounts
- Managing Director Kristalina Georgieva says the fund is eager for the world’s largest bilateral creditor to take responsibility for figuring out how to reduce debt burdens of developing nations
Dec 02, 2022 15:25 PM- Singapore Chips Away at Hong Kong’s Hedge Fund Dominance
- The Southeast Asian city-state has welcomed at least 16 firms operating in the Chinese city from the start of 2019 to the end of 2021, compared with five in the previous three years, data shows
Dec 02, 2022 05:40 AM- Hong Kong Retail Sales Recover on Spending Voucher Rollout
- October rebound beats expectations as stores selling jewelry, watches, clocks and valuable gifts register double-digit gains
Dec 02, 2022 05:29 AM- Xi Urges Resolving Russia-Ukraine War in Talks With EU President Michel
- In three-hour Beijing meeting, leaders discuss pandemic’s economic effects, stalled EU-China investment pact and human rights
Dec 01, 2022 15:59 PM- New York, Singapore Top List of Most Expensive Cities in the World
- Tel Aviv, which held the No. 1 spot last year, got knocked down to third, while Hong Kong and Los Angeles rounded out the top five priciest places to live
Dec 01, 2022 15:49 PM- Chinese Stocks Add to Historic Rally as Reopening Signs Grow
- The Hang Seng China Enterprises Index rises as much as 3.7% before paring gains
Dec 01, 2022 14:51 PM- iPhone City Maintains Factory Curbs as China Tweaks Covid Approach
- The plant, run by Foxconn, is sticking with a system adopted weeks ago that prevents workers from leaving the facility, source says
Dec 01, 2022 14:49 PM- TikTok CEO Says U.S. Data Protection Is a ‘Solvable Problem’
- Shou Zi Chew says he’s confident the social media app will reach a resolution with American authorities that will allow it to keep operating in the country
Dec 01, 2022 03:37 AM- China’s Yuan Extends Advance as Reopening Bets Boost Sentiment
- Currency gains as much as 1.1% against the dollar in a roller coaster week amid swings in optimism about China’s economy
Dec 01, 2022 03:23 AM- China Housing Sales Slump Persists Even as Rescue Efforts Mount
- November deliveries by the 100 biggest developers drop 25.5% from a year earlier following an October decline of 28%
Nov 30, 2022 19:49 PM- Sunshine Insurance Sets Terms for $948 Million IPO
- The Beijing-based insurer is selling 1.15 billion shares at between HK$5.83 to HK$6.45 apiece
Nov 30, 2022 15:20 PM- China Economic Activity Falls as Covid Cases Surge to Record
- The official manufacturing PMI declined to 48 for November, the lowest reading since April and worse than an estimate by economists
Nov 30, 2022 15:15 PM- Primavera Targets $300 Million for Private Credit Fund, Report Says
- The Chinese investment firm built out its credit strategy earlier this year after recruiting Jeffrey Lau as CEO and CIO of its credit investments team, according to an industry publication
Nov 30, 2022 03:56 AM- China Stocks Surge in U.S. as Vaccine Drive Fuels Reopening Bets
- Nasdaq index of Chinese stocks jumps 6.3% Tuesday after 2.8% rise Monday, led by e-commerce giants Alibaba and JD.com
Nov 30, 2022 03:44 AM- Taiwan Cuts 2022 GDP Forecast Again as Global Economy Slows
- Growth is now seen at 3.06% this year, down from an August estimate of 3.76%, and next year’s expansion is downgraded to 2.75% from 3.05%
Nov 29, 2022 16:31 PM- Faraday Future Replaces CEO in Shakeup at EV Startup
- The EV startup says its board voted to remove former BMW executive Carsten Breitfeld following a ‘comprehensive evaluation of the performance of the company since it went public in July 2021’
Nov 29, 2022 16:26 PM- iPhone Pro Wait Times Hit New Peak After Factory Disruptions
- Customers buying Apple’s most premium devices in the U.S. this year can now expect to wait as long as 37 days
Nov 29, 2022 16:11 PM- China’s Covid Curbs to Upend Commodities Demand in Peak Season
- Coal and gas usage is highly contingent on industrial power demand, which will slow if the government continues to impose tighter restrictions
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