- Aug 01, 2022 15:48 PM
- Macao to Reopen After Covid Outbreak With Casino Revenue at Record Low
- Gross gambling revenue is estimated to have fallen by 97% to $31.3 million during the closures
- Jul 30, 2022 18:58 PM
- Hong Kong Weighing Cutting Hotel Quarantine to Five Days or Less, Health Chief Says
- Health Secretary Lo Chung-mau has previously said conditional quarantine-free travel may be allowed by November, in time for a global bankers’ summit
- Jul 30, 2022 18:54 PM
- Country Garden’s Yang Huiyan Dethroned as Asia’s Richest Woman Amid Worsening Property Crisis
- Jindal Group’s Savitri Jindal took over the top spot from Yang on the Bloomberg Billionaires Index after the Chinese developer's fortune fell by more than half
- Jul 30, 2022 03:03 AM
- Jeep’s China Partner Blasts Stellantis CEO as Venture Crumbles
- GAC calls comments on breakdown of trust ‘unbelievable’ and pins Jeep business failures on ‘lack of respect for customers’ in China
- Jul 29, 2022 18:26 PM
- U.S. Films Will Be Back in Chinese Theaters This Year, Imax CEO Predicts
- As China clears its backlog of local-language movies and piracy from streaming remains a problem, the doors will open again to Hollywood, CEO Rich Gelfond says
- Jul 29, 2022 16:02 PM
- U.S., Chinese Mainland Economic Woes Point to End of Taiwan’s Chip-Led Boom
- Economists expect that island’s second-quarter GDP growth rate to come in well below the numbers recorded in 2021 as its biggest export markets slow
- Jul 29, 2022 15:19 PM
- IMF Downgrades Asia Pacific Forecast as Shocks Keep Rolling
- China’s economy is now predicted to expand by 3.3% this year, down from the IMF’s 4.4% projection in April
- Jul 29, 2022 13:34 PM
- UOB Profit Rises With the Singapore Bank Optimistic About Regional Growth
- Net income for United Overseas Bank, Southeast Asia’s third-largest lender, rose 11% in the second quarter
- Jul 29, 2022 04:26 AM
- Distressed China Builder Shimao Sued by United Overseas Bank
- Singapore bank alleges breach of terms in $1.3 billion credit deal related to ownership shuffle within Shimao Group
- Jul 29, 2022 04:18 AM
- Rio Tinto Inks Deal to Unlock Huge Simandou Iron Ore Project
- Multibillion-dollar Guinea deal to build railway and port offers breakthrough for investors including Chinese and Singapore companies
- Jul 28, 2022 16:08 PM
- China-U.S. Audit Deal Needed Very Soon to Avoid Delistings, SEC Chief Says
- The 2024 timeline could also be accelerated to 2023 if U.S. lawmakers pass legislation now under consideration, Securities and Exchange Commission Chair Gary Gensler says
- Jul 28, 2022 16:03 PM
- Chipmakers Get $52 Billion in Senate Bill in Big Win for Biden
- The measure has been presented as both a way to reinvigorate the U.S. industrial base and fortify the country’s national security interests
- Jul 28, 2022 14:01 PM
- Gucci Owner Hurt by the Brand’s Big Presence in China During Lockdowns
- Up to 35% of the luxury retailer’s stores were shut during April and May
- Jul 28, 2022 13:57 PM
- China’s Blistering Heat Strains Power Grids and Disrupts Farming
- Several regions have already posted record power demand and have cut electricity to factories at peak hours
- Jul 28, 2022 03:13 AM
- Alibaba Primary Listing May Lure Billions of Dollars From China
- Upgrading the stock’s status in Hong Kong may generate an influx of $16 billion to $25 billion via the Stock Connect program, analysts say
- Jul 28, 2022 02:41 AM
- Beijing Reopens for International Flights After Covid Isolation
- Airlines restarting weekly flights to Beijing include the EAE’s Etihad, Air China from Paris and ANA from Narita
- Jul 27, 2022 15:18 PM
- Singapore Wealth Fund Spots Rental Opportunity in China Property
- GIC’s CIO says the fund has partnered with ‘a couple of companies in residential-for-rent in China,’ as housing for country’s middle- and lower-middle class is still ‘a heightened need’
- Jul 27, 2022 15:16 PM
- China’s Borrowing Cost Slump Shows Limits of PBOC Policy Easing
- The overnight repo rate fell below 1% on Wednesday in a sign that much of the cash provided by the People’s Bank of China is still sitting in banks
- Jul 27, 2022 15:00 PM
- Continuous Rise in Price of Solar Power Gear Threatens to Slow Deployment
- While higher costs have dulled demand, rising prices show buyers don't mind paying more, as some countries speed up their energy transition away from traditional fuels
- Jul 27, 2022 02:17 AM
- Hong Kong Exchange Gets a Boost as Companies Upgrade Trading Status
- Alibaba and Bilibili join Zai Lab in converting listing terms, seeking access to Stock Connect investors and preparing for possible U.S. delistings