Mar 16, 2023 03:53 AM- China to Let Power Prices Turn Negative in Solar-Rich Province
- In Shandong province, prices below zero in peak supply periods may encourage solar generators to switch off
Mar 15, 2023 15:16 PM- China’s Nascent ‘Free Trade Zone’ Bonds Set for Record Sales
- Investors grabbed up notes offering a rate of around 4.6% this year, up from an average of 4% last year, setting up the market to surpass the record-breaking 36 billion yuan issued in 2022
Mar 15, 2023 13:57 PM- China’s Post-Covid Economic Recovery Comes Up Mixed
- Retail sales rose 3.5% in the first two months of the year, while industrial output grew at a slower-than-expected pace of 2.4%, government data show
Mar 15, 2023 13:50 PM- South Korea’s President Says Japan Deal Could Help Supply Chains for Chips
- Yoon Suk-yeol is set to visit Tokyo on Thursday where he will push for landmark compensation for Koreans forced to work in mines and factories during the Japanese colonial occupation
Mar 15, 2023 13:45 PM- Japanese Central Bank Seeks to Shore Up Stocks After SVB Failure
- The Bank of Japan buys $523 million in exchange-traded funds as it tries to stem a rout in domestic banking, insurance and securities shares triggered by concerns over the collapse of Silicon Valley Bank
Mar 15, 2023 04:48 AM- China Assets Stand Out as Oasis of Calm Amid U.S. Bank Failures
- Yuan strengthens and mainland stocks rally as U.S. fallout includes drop in Treasury yields and equity market sell-off
Mar 15, 2023 04:43 AM- U.K. Is Probing TikTok’s Ownership, Security Minister Tugendhat Says
- ‘We need to make sure our phones are not spyware,’ minister says in disclosing high-level review of app owned by China’s ByteDance
Mar 14, 2023 18:05 PM- Hong Kong GDP Outlook Gets a Lift as Singapore Sees High Costs
- Economists say Hong Kong will benefit from the Chinese mainland’s reopening and is likely to expand faster than initially thought, while their expectations for Singapore drop citing “weak global and suppressed domestic demands”
Mar 14, 2023 17:04 PM- Global Financial Stocks Lose $465 Billion on Concerns About SVB Fallout
- While major Asian banks have ‘minimal risk’ of being affected by the collapse, concerns remain that the turmoil could cause some financial firms to take losses on their large investments
Mar 14, 2023 16:44 PM- Local Governments Are Growing More Financially Dependent on Beijing
- Central government payments to localities to cover education, health care and other general spending are expected to hit $1.4 trillion this year, Ministry of Finance says
Mar 14, 2023 05:18 AM- China Could Produce a Third of the World’s Lithium by 2025
- Mines controlled by China may more than triple output over three years of the key electric-vehicle battery material
Mar 14, 2023 05:04 AM- Silicon Valley Bank Collapse Spotlights Softbank’s Startup Financing
- Masayoshi Son’s venture capital powerhouse loses $5 billion of value following bank’s failure as funding for startups comes into question
Mar 13, 2023 20:20 PM- Startups, Fund Managers Rush to Tap Oil Money as China Bolsters Middle East Ties
- The Middle East has emerged as a more ideal location for business expansion and fundraising among Chinese firms, given the problems elsewhere in the U.S. and Europe
Mar 13, 2023 19:19 PM- Chinese Firms Haven’t Been This Eager to Hire in Eight Years, Survey Shows
- Increased hiring prospects and business confidence rebound on the heels of the country putting an end to its stringent Covid restrictions, S&P Global says
Mar 13, 2023 17:09 PM- Singapore’s Family Offices May Face Talent Shortfall on Strong Demand
- The industry’s rapid growth over the last few years could lead to a shortage of experienced professionals for the private investment firms, insiders say
Mar 13, 2023 16:41 PM- Sunak Takes Nuanced Approach to China Threat in U.K. Defense Plan
- The Asian country is the ‘biggest state-based threat’ to U.K. economic security, but its large population and economy mean it can’t be dismissed, says Prime Minister Rishi Sunak
Mar 13, 2023 16:35 PM- Brii Biosciences, Broncus Among HK-Listed Firms Exposed to SVB
- Small-cap startups face huge potential losses as shares of firms exposed to failed Silicon Valley Bank trade mixed on Monday, industry insider says
Mar 11, 2023 18:35 PM- SVB China Venture Says Operations Have Been Stable, Independent
- Silicon Valley Bank’s Chinese partner says the Asian country’s business isn’t affected by the turmoil surrounding the U.S. lender, and urged clients to stay calm
Mar 11, 2023 03:27 AM- China’s Credit Climbs, Led by Companies and Local Governments
- Faster-than-expected growth in borrowing offsets concerns about the pace of economic recovery and suggests rebound is ‘on a solid footing’
Mar 11, 2023 03:19 AM- Saudi Arabia and Iran Ease Mideast Rift That Rattled Oil
- Adversaries sign accord in China resuming diplomatic relations in move seen as likely to de-escalate tensions
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