Aug 19, 2022 13:59 PM- Indonesia May Impose Nickel Export Tax This Year, President Says
- Joko Widodo wants the nation to move up the electric vehicle supply chain
Aug 19, 2022 13:38 PM- Fish Are Now Being Tested for Covid in China as Cases Hit Three-Month High
- Over 2,000 cases were reported on Hainan Island, while tourists are trapped in Tibet and Xiamen fishermen and their catch are being tested
Aug 19, 2022 04:38 AM- Geely Doubles Down on EVs, Exports After Disappointing Earnings
- Electric auto sales will account for more than 30% of this year’s total as the company pushes shipments to Europe, the Middle East and Latin America
Aug 19, 2022 03:33 AM- China Ramps Up Swiss Gold Imports, Signaling Resurgent Demand
- World’s top buyer of bullion imports more than 80 tons in July, double the June total, as the economy rebounds from Covid lockdowns
Aug 18, 2022 14:34 PM- China’s Biggest Builder Warns Core Profit Could Plunge 70%
- The Foshan-based developer says preliminary core profit could fall to around 5 billion yuan for the first six months of the year, from 15.2 billion yuan a year earlier
Aug 18, 2022 14:30 PM- Green Debt Is Adding Market Share Even as Returns Lagged
- ESG bond issuance is down 3% this year compared with a 19% decline for plain vanilla bonds
Aug 18, 2022 14:26 PM- Tencent Says Meituan Stake-Sale Report Is Inaccurate
- A Tuesday report said that the social media giant has engaged financial advisers to help it sell a roughly 17% stake in the food-delivery super app
Aug 18, 2022 14:21 PM- U.S. and Taiwan Begin Formal Talks on Trade Initiative
- Negotiations will begin early this fall and will cover regulatory practices, anti-corruption standards and agriculture
Aug 18, 2022 02:27 AM- China’s Li Pledges to Continue Favorable EV Policies
- In visit to electric car giant BYD, Chinese premier also vows support for large enterprises to encourage further growth
Aug 17, 2022 19:20 PM- Tencent Unveils First Sales Fall, Job Cuts as Economy Sinks
- China’s most valuable company recorded its first quarterly drop in staffing since 2014
Aug 17, 2022 18:51 PM- China’s Li Urges More Pro-Growth Policy as Economy Sputters
- Premier also vows to ‘reasonably’ step up policy support to stabilize employment, prices and ensure economic growth
Aug 17, 2022 15:09 PM- CATL, Toyota Shut Plants in Southwest China as Power Crisis Worsens
- The world’s top battery-maker, CATL, and the Japanese automaker will halt their operations in Sichuan until Saturday, as a drought-induced power crisis intensifies
Aug 17, 2022 15:01 PM- Huarong Shares, Bonds Slump After Warning of $2.8 Billion Loss
- Shares of the distressed asset manager tumbled as much as 16% early Wednesday in Hong Kong, while the price of one its bonds suffered its worst drop in about six weeks
Aug 17, 2022 03:49 AM- Ant’s Valuation Slashed by Fidelity, Blackrock and T. Rowe Price
- Global investors that bought private shares knock billions of dollars off estimates for fintech giant amid government-driven restructuring
Aug 17, 2022 03:41 AM- Tencent-Backed Giants Dive on $24 Billion Meituan Sale Talk
- Shares of Meituan, Kuaishou, Bilibili and Pinduoduo slip on report that Tencent may ditch Meituan under government pressure
Aug 16, 2022 15:11 PM- PBOC Sets Weaker Fixing After Yuan Tumbles to Three-Month Low
- Analysts expect the gap between U.S. and Chinese interest rates to continue to widen this year as the Fed continues to tighten
Aug 16, 2022 13:23 PM- Oil Extends Losses on Global Slowdown and Chance of More Supply
- WTI futures slid toward $88 a barrel after falling around 5% over the previous two sessions
Aug 16, 2022 03:20 AM- China Peeks Behind the Curtain at Alibaba, ByteDance and Tencent
- Internet giants give regulators access to prized algorithms for the first time under government disclosure requirements
Aug 16, 2022 02:49 AM- Hong Kong Watchdog Investigates Evergrande Over Deal Audits
- Financial Reporting Council probes accounts and audits of transactions at the company and its property services unit
Aug 15, 2022 15:48 PM- Shanghai Schools to Reopen After Classes Suspended in March
- Kindergartens, primary and secondary schools will reopen in September. Students will have to produce a negative Covid test result every day to attend classes
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