Dec 09, 2022 16:23 PM- Sunac Unveils Plan to Restructure $9 Billion of Offshore Debt
- The Chinese developer proposed converting as much as $4 billion into ordinary shares or equity-linked instruments
Dec 09, 2022 16:19 PM- Lazada Receives a $342.5 Million Capital Infusion From Alibaba
- With the latest investment, Alibaba has put $1.6 billion into the Southeast Asian e-commerce giant this year
Dec 09, 2022 05:05 AM- Car Sales in China Drop as Covid Lockdowns Keep Buyers at Home
- November deliveries fall 9.5% from a year earlier even as sales of new-energy vehicles surge 58.2% led by BYD and Tesla
Dec 09, 2022 05:01 AM- South Koreans Are All Set to Become a Year or So Younger
- Law taking effect in June scraps ‘Korean age’ system that counts newborns as a year old and adds a year for everyone each Jan. 1
Dec 08, 2022 17:53 PM- China’s Politburo Shifts Focus to Boosting Economic Growth
- The Communist Party’s top decision-making body pledges to keep fiscal policy active and monetary tools targeted and ‘forceful,’ dropping any reference to ‘zero-Covid’
Dec 08, 2022 16:52 PM- Oil Edges Higher After Four-Day Retreat as Traders Look to China
- The U.S. benchmark price climbed toward $73 a barrel after plunging more than 11% over the previous four sessions as a raft of U.S. banks sounded the alarm of a possible recession
Dec 08, 2022 04:32 AM- Tesla Offers China Buyers Further Subsidies to Boost Sales
- EV giant faces intensifying competition in China amid concerns that an expansion of its Shanghai factory created overcapacity
Dec 08, 2022 04:26 AM- Red-Hot Lithium Rally Cools as China’s BYD Flags Surplus
- Prices retreat from last month’s record high amid softening demand but are still double where they were at the start of the year
Dec 07, 2022 14:01 PM- Asian Bonds Are Back in Vogue as Funds Scoop Up Indonesian Debt
- Rupiah sovereign notes reeled in $467 million on Monday, the largest one-day inflow since August 2021, government data shows
Dec 07, 2022 13:18 PM- China Says Monetary Policy Should be ‘Targeted, Forceful’ in 2023
- The announcement follows steps to address the country’s biggest economic headwinds, such as property rescue measures and the easing of some Covid controls
Dec 07, 2022 04:18 AM- China Southern Joins Global Online Air Freight Booking Platform
- China’s top cargo carrier is the first in the market to link up with Freightos, joining Lufthansa, American Airlines and Air France-KLM
Dec 07, 2022 04:10 AM- PXP Energy In Sea Exploration Talks With Chinese Company
- Philippine oil and gas company pursues a deal in South China Sea and hopes Marcos visit in January to Beijing will open doors, PXP chairman says
Dec 06, 2022 16:11 PM- Malaysia’s East Coast Rail Link Project to Continue Under Anwar
- Construction has already started on the $11.5 billion railway, with 12 tunnel breakthroughs completed along on the 655-kilometer line
Dec 06, 2022 15:36 PM- China’s Local Credit Market Weakens Further on Fund Outflows
- The country’s bond market has been hit by shifting investor sentiment on inflation, with Beijing potentially nearing the end of monetary easing that had pushed yields lower this year
Dec 06, 2022 04:18 AM- BYD Has Tesla In Its Sights After a Year of Runaway Growth
- Warren Buffet-backed EV giant moves into higher-profit luxury vehicles but still lacks a clear digital DNA, industry analysts say
Dec 06, 2022 04:15 AM- Shein to Spend $15 Million on Factories After Labor Abuse Findings
- Chinese fast-fashion giant slashes orders from two suppliers after probes find excessive working hours and allegations of illegal penalties
Dec 05, 2022 13:58 PM- Huawei Pushes Smartwatches in Japan as U.S. Sanctions Bite
- The wearables can be made without cutting-edge chips subject to restrictions that are used in its smartphones
Dec 05, 2022 13:09 PM- China Stocks Climb, Yuan Rises Past Key Level on Reopening Shift
- The currency broke the closely watched 7-per-dollar level, while a Hong Kong index of mainland stocks rallied as much as 4%
Dec 05, 2022 13:03 PM- Oil Jumps as China Loosens Curbs and OPEC+ Keeps Output Steady
- U.S. benchmark crude price climbs above $81 a barrel, building on last week’s nearly 5% gain
Dec 03, 2022 05:08 AM- Chinese Solar Panel Makers Are Dodging Tariffs, U.S. Finds
- Commerce Department probe turns up evidence that some assemblers in Southeast Asia are evading decade-old American duties
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