Feb 24, 2023 05:38 AM- China’s AI Stock Frenzy Cools Amid Reported Chatbot Ban
- Authorities said to order local apps and websites to terminate services allowing use of American artificial intelligence system
Feb 24, 2023 05:33 AM- Alibaba Posts First Profit Growth Since 2020 as Cuts Take Hold
- China’s e-commerce leader reined in spending and narrowed losses abroad, resulting in a 69% earnings jump that beat estimates
Feb 23, 2023 19:38 PM- Singapore’s CapitaLand Investment Launches $746 Million China Data Center Fund
- The firm says the fund, which has a total equity commitment of $396 million, will invest in two hyperscale data center development projects in Beijing
Feb 23, 2023 19:26 PM- Top-Performing Fund Plans to Pare China Property Bond Holdings
- ChinaAMC Select Asia Bond Fund plans shift as new home sales in the country continue to fall and investors bet on further U.S. interest rate hikes
Feb 23, 2023 16:26 PM- Brazil Halts Beef Exports to China After Confirming Mad Cow Case
- The export suspension is a blow to some of the world’s major meatpackers, including JBS, Marfrig Global Foods and Minerva, whose share prices tumbled Wednesday
Feb 23, 2023 05:46 AM- Philippines to Join Largest Trade Pact After Senate Approval
- Island nation expects greater access to goods and investments as a member of 15-nation trade bloc including China and other countries in Southeast Asia
Feb 23, 2023 05:43 AM- U.S.-Sourced Rare Earths to Skip China in Supply Deal With Japan
- MP Materials agrees to sell minerals directly to Japanese trading giant Sumitomo, cutting out China as a processing middleman
Feb 23, 2023 05:40 AM- Rio Tinto Slashes Dividend as Weak China Demand Hits Profits
- Mining giant’s results continue disappointing season for the industry, though this year may be better as China’s economy rebounds
Feb 22, 2023 20:35 PM- Baidu Unveils $5 Billion Buyback After Sales Beat Estimates
- The tech company’s stock jumped 6% in pre-market U.S. trading late Wednesday, reflecting how its cloud computing service is offsetting an advertising lull
Feb 22, 2023 18:10 PM- Singapore Airlines Soars to Record $469 Million Profit as Passenger Demand Returns
- Ticket sales remain strong with more flights to China on the horizon, carrier says
Feb 22, 2023 16:09 PM- Hong Kong Shares Flirt With Correction as Growth Headwinds Rise
- Doubts about the strength of China’s economy spurred a rethink of the market outlook, wiping away most of the gains made by the city’s benchmark stock index in a three-month surge
Feb 22, 2023 06:01 AM- China Tech Giants’ Shares Tumble Amid Growing Fears of Price Wars
- As Beijing winds back years-long crackdown, investors worry about rising costs as JD.com, Pinduoduo, Alibaba and ByteDance dial up competition
Feb 22, 2023 05:41 AM- China’s Clogged Roads Show Economic Recovery Gathering Pace
- Subway traffic tops pre-pandemic levels, but rebound appears lopsided, led by retail and services, assorted data suggests
Feb 21, 2023 17:26 PM- Contrarian Who Called Meituan Rout Sees More Pain for Stock
- China’s food delivery business feasted on surging demand for takeout during Covid, but Barclays’ Jiong Shao says the sector’s growth is now limited after the country reopened
Feb 21, 2023 15:50 PM- Asia Central Banks May Need to Keep Hiking If Core Inflation Stays High, IMF Says
- The continent has benefited from a rebound in local currencies and the easing of global commodity and shipping costs, but China’s reopening may stoke price gains
Feb 21, 2023 06:36 AM- China Bond Outflows Resume as Foreigners Return to Selling
- Yields on China debt are lower than on U.S. Treasurys and other debt, making Chinese bonds less attractive to overseas investors
Feb 21, 2023 06:27 AM- Hong Kong Plans to Let Retail Sector Trade Larger Crypto Tokens Like Bitcoin
- Securities and Futures Commission outlines plan for consultation that would require safeguards to be put in place
Feb 20, 2023 19:27 PM- FWD to Buy Majority Stake in Malaysian Life Insurer Ahead of IPO
- Billionaire Richard Li’s insurance firm, along with a group of investors, will buy a 70% stake in Gibraltar BSN, allowing FWD to expand its footprint in Southeast Asia
Feb 20, 2023 17:52 PM- Malaysian State Cashes In on U.S.-China Trade Tensions
- Johor expects to receive $15.8 billion in investment, primarily from multinationals seeking to diversify their operations, politician says
Feb 20, 2023 16:09 PM- Chinese Banks Keep Lending Rates Unchanged After PBOC Holds
- The one-year loan prime rate remains at 3.65%, while the five-year rate, a reference for mortgages, was kept at 4.3%
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