Aug 05, 2022 14:59 PM- Hong Kong Faces Long Slog of Cash Withdrawal to Aid Currency
- The one-month Hong Kong interbank offered rate has risen to a succession of two-year highs as the city’s monetary authority drains cash from the financial system
Aug 05, 2022 14:21 PM- Tourists Trapped in China’s Island Paradise as Covid Cases Rise
- The beach resort city of Sanya in Hainan province, often called the ‘Hawaii of China,’ has reported 107 new cases since noon Thursday
Aug 05, 2022 14:16 PM- SoftBank Talent Drain Worsens, Adding Pressure on Son to Deliver
- With two more partners leaving, at least 10 top-level managers have departed from the world’s largest investment fund since March 2020
Aug 05, 2022 02:57 AM- Jack Ma’s Ant Records 17% Profit Drop After Regulatory Setback
- Fintech giant’s March quarter result reflects sweeping corporate overhaul ordered by regulators
Aug 05, 2022 02:45 AM- Alibaba Sales Shrink but Beat Estimates in Rocky Economy
- E-commerce giant’s first quarterly revenue decline marks the end of a decade of sizzling growth for China’s internet giants
Aug 04, 2022 17:53 PM- Alibaba Jumps as Much as 6.5% Amid Tech Rally Ahead of Earnings
- The e-commerce giant led Chinese technology stocks higher as investors repositioned before the release of its quarterly results
Aug 04, 2022 17:22 PM- Singapore Joins Green Finance Bonanza With 50-Year Bond
- Issuance will fund the expansion of the city state’s electric rail network
Aug 04, 2022 04:53 AM- BYD’s July New Energy Vehicle Sales More Than Triple to Record
- Buffett-backed Chinese electric-car maker extends its lead over rivals, selling 162,530 autos as it gears up to broaden its footprint in the West
Aug 04, 2022 04:43 AM- Investment Strategists Say Pelosi Trip Will Have Global Market Impact
- Fund managers rethink how to navigate fraying relations between China and the U.S. following the U.S. House speaker’s visit to Taiwan
Aug 03, 2022 16:11 PM- Singapore’s OCBC Reports 28% Profit Jump in Earnings Beat
- Net profit for Singapore’s second-largest lender came in at $1.07 billion for the three months through June, beating estimates as it benefited from rising interest rates
Aug 03, 2022 16:05 PM- China's Livestreaming Industry Matures After Clampdown on Stars
- Videos and music, variety shows and esports are the most popular content categories, a July survey shows
Aug 03, 2022 16:01 PM- Alibaba and Tencent Face End of an Era as Sales Start to Shrink
- The national champions are shadows of their former selves, after last year wiped more than $1 trillion off their combined market value
Aug 03, 2022 03:25 AM- China’s Property Crisis Threatens to Drag Down Steel Industry
- Gloom pervades the world’s biggest steel industry as companies slash forecasts and brace for threat of bankruptcy filings
Aug 03, 2022 03:20 AM- China in Longest Streak of Liquidity Withdrawals Since February
- Central bank drains $2.66 billion of cash from banking system since July 25 as market rates fall amid ample liquidity
Aug 02, 2022 20:04 PM- Indonesia Briefly Blocks PayPal in Move to Police Its Internet
- Global tech companies including Alibaba, Facebook and Google are submitting to the country’s strict cyberspace regulations
Aug 02, 2022 15:26 PM- Pelosi’s Taiwan Trip Raises Angst in Global Financial Markets
- The island’s benchmark stock index falls as much as 2.1%, while Hong Kong and Chinese shares slump as traders brace the U.S. House speaker’s expected arrival in Taipei
Aug 02, 2022 15:03 PM- Asian Unicorns Are Trading 40% Cheaper in Private Markets
- The affected billion-dollar companies range from financial technology and e-commerce to mobility and consumer
Aug 02, 2022 03:32 AM- Hong Kong Economy Contracts Again as Global Headwinds Mount
- Second-quarter GDP declined a much wider-than-expected 1.4% amid rising interest rates, Covid disruptions and cooling global trade
Aug 02, 2022 03:13 AM- New China Derivatives Law May Slash Investor Costs
- Measure effective Monday brings China into line with international standards as authorities move to further open financial markets
Aug 01, 2022 18:05 PM- China’s Rebound Remains Fragile as Manufacturing, Property Slump
- The National Bureau of Statistics’ official manufacturing PMI fell to 49 in July from 50.2 the previous month
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