- Jan 20, 2023 13:21 PM
- China Oil Giants See Profits Surge on Higher Fuel Prices
- PetroChina says preliminary net income for 2022 rose as much as 68%, while state-owned CNOOC reports nearly doubling profits
- Jan 20, 2023 13:19 PM
- JPMorgan, StanChart Approved for Wholly Owned China Ventures
- CSRC gives the nod for the U.S. bank to buy out the remaining 49% stake in its mutual fund JV, while signing off on the London-based bank’s plan to set up brokerage
- Jan 20, 2023 13:11 PM
- China Injects Record Amount of Cash This Week Before Holidays
- The central bank pumped $291 billion into the system, which is expected to ease the seven-day money-market rate that spiked amid withdrawals for gift giving and travel during the Lunar New Year
- Jan 20, 2023 03:03 AM
- Congo President Demands More From $6.2 Billion China Metals Deal
- China hasn’t lived up to its side of a 2008 minerals-for-infrastructure contract, delivering ‘nothing tangible’ for Congo, President Felix Tshisekedi says
- Jan 20, 2023 02:59 AM
- Singapore’s GIC Says China Policy on Big Tech Has Become Clearer
- Major investors at Davos panel signal plans to rapidly shift gears on China investments after disruptions of pandemic policies and government interventions
- Jan 19, 2023 14:21 PM
- China Creates ‘Strong Nation’ Ride App as Data Regime Tightens
- The service, which will target government and state company employees, brings dozens of mobility providers, from car-sharing to railway operators, under a single umbrella
- Jan 19, 2023 14:02 PM
- Evergrande Chairman’s Fortune Collapses 93% to $3 Billion
- Once the second-richest person in Asia, property tycoon Hui Ka Yan’s net worth plunged from $42 billion as his property empire became the biggest casualty of the nation’s credit crunch
- Jan 19, 2023 13:51 PM
- Hong Kong to Remove Mandatory Quarantine for Covid Infections
- The isolation order will be lifted from Jan. 30, the city’s leader John Lee said on Thursday
- Jan 19, 2023 04:07 AM
- China’s Fuel Exports Jump After Refiners Get Bumper Quota
- Although December shipments rose, export volumes are expected to fall this month as refiners restock before the Lunar New Year holidays
- Jan 19, 2023 04:02 AM
- Yellen Hints at Beijing Visit After Meeting With Liu in Zurich
- American Treasury secretary may go to China to meet again with Chinese vice premier, who may be invited to the U.S.
- Jan 18, 2023 14:12 PM
- China’s Fondness for Pork Wavers as Covid Surge Crushes Demand
- As infections rip through the population, demand for the meat which usually accompanies festive occasions like Lunar New Year is in deep freeze
- Jan 18, 2023 13:47 PM
- NetEase Torches Blizzard in Fiery Post as Warcraft Spat Escalates
- The Chinese company strikes back in an escalating public dispute with U.S. gaming giant Blizzard, accusing its longtime partner of being ‘rude and inappropriate’ when negotiating to keep World of Warcraft on PCs in China
- Jan 18, 2023 04:01 AM
- Saudi Arabia Is Open to Deals in Currencies Besides the Dollar
- Finance minister says ‘there are no issues’ with switching away from decades of pricing crude in the U.S. currency
- Jan 18, 2023 03:49 AM
- Xpeng Follows Tesla With Major Price Cuts on China Electric Cars
- Competition intensifies as Xpeng whacks as much as 12.5% off price tags for G3i SUV and P7 sedans
- Jan 17, 2023 13:55 PM
- China Posts Record Fossil Fuel Output as Security Trumps Climate
- The country mined nearly 4.5 billion tons of coal last year, an increase of 9% on 2021, while gas production rose 6.4% to 218 billion cubic meters, official data show
- Jan 17, 2023 13:34 PM
- Evergrande Says PwC Resigns After 2021 Audit Disagreements
- In its Jan. 16 resignation letter to the embattled Chinese property firm, the auditing giant noted it still hadn’t received information relating to ‘significant matters’ of the audit
- Jan 17, 2023 13:30 PM
- Singapore Exports Shrink More Than Expected on Falling Shipments to China
- Domestic exports other than oil declined 20.6%, steeper than the median expectation for a 16% contraction in a survey
- Jan 17, 2023 03:50 AM
- Yellen Sets Surprise U.S.-China Meeting With Liu in Switzerland
- U.S. Treasury secretary makes Africa trip detour for face-to-face conference with Chinese vice premier to discuss economic issues
- Jan 17, 2023 03:46 AM
- Air Traffic May Be Back to Normal by June on China Rebound
- At airline economics forum, plane leasing companies project completion of global recovery this year after three years of pandemic disruptions
- Jan 16, 2023 15:02 PM
- China Home Prices Slump After Covid Outbreaks Stifle Rescue
- New-home prices fell in 70 cities in December, weeks after policymakers unveiled a sweeping plan to revive the housing industry