Aug 24, 2022 17:19 PM- Chinese Developer Plunges Most on Record After Stock Resumes Trading
- Logan’s shares fall as much as 58%, the most since listing in 2013, as the company weighs a restructuring to deal with its mounting debt
Aug 24, 2022 17:09 PM- Japan PM Set to Order New Nuclear Power Plant Construction
- Fumio Kishida is turning to nuclear energy to counter electricity shortages and decarbonization delays
Aug 24, 2022 15:19 PM- China to Waive Some Africa Loans, Offer $10 Billion in IMF Funds
- Foreign Minister Wang Yi announced the round of debt forgiveness at last week’s Forum on China-Africa Cooperation
Aug 24, 2022 15:13 PM- China Reopens to Foreign Students After More Than Two Years
- Foreign nationals holding a valid residence permit for study or an APEC business travel card will be allowed to enter the country starting Wednesday
Aug 24, 2022 04:17 AM- CATL Profit Surges as Battery Giant Moves On From Tough Quarter
- EV battery giant’s first-half earnings beat estimates in the face of volatile raw-material costs
Aug 24, 2022 04:06 AM- China Lithium Prices Near Record as Power Cuts Squeeze Market
- As heat wave-driven electricity shortages in Sichuan slow production, battery metal’s price surges to highest since April
Aug 23, 2022 15:53 PM- China Punishes 27 Officials Over ‘Ugly’ School Textbook Drawings
- The primary school books sparked outcry over depictions of students with small eyes, male genitalia on boys’ pants, and children wearing clothing considered to be pro-America
Aug 23, 2022 15:32 PM- China Pushes to Expand Power Grids as Sichuan Battles Drought
- The nation will accelerate development of hydro and nuclear power projects, while pushing for more transmission lines across provinces, energy administration says
Aug 23, 2022 15:09 PM- Japan Weighs Easing Covid Travel Controls, Raising Cap on Tourists
- Authorities are considering scrapping the current border restriction that require travelers to show proof of a negative test result from within 72 hours of departure
Aug 23, 2022 03:29 AM- China Lockdowns Hammer Sales for Global Consumer Giants
- Those reporting sharply lower quarterly sales include Starbucks, Burberry, Richemont, Adidas, Gucci and Yum, though Apple held its own
Aug 23, 2022 03:25 AM- China’s Extreme Summer Threatens Rice, Lithium and Metals
- Drought and power cuts amid severe temperatures disrupt activities across Sichuan, Chongqing, Hubei, Henan, Jiangxi and Anhui
Aug 22, 2022 18:16 PM- China’s Huatai Seeks European Licenses as Deal Demand Grows
- China’s second-largest brokerage aims to help clients raise capital across Europe, as fundraising opportunities in New York are curtailed
Aug 22, 2022 16:56 PM- Health Care Specialist Shanghai United Imaging Jumps 75% Following $1.6 Billion IPO
- The medical equipment company is the seventh $1 billion-plus listing on the Chinese mainland this year
Aug 22, 2022 16:49 PM- China Seeks to Stabilize Property With Loans, Lower Rates
- The five-year loan prime rate, a reference for mortgages, was cut to 4.3% from 4.45%, while the one-year loan prime rate was reduced to 3.65% from 3.7%
Aug 20, 2022 18:52 PM- Hong Kong Reopens Major Covid Site as Cases Hit Four-Month High
- Move sparks uncertainty about whether the city can further ease virus policies ahead of a key financial forum and rugby tournament in November
Aug 20, 2022 18:48 PM- Xiaomi Profits Miss Estimates on Smartphone Business Slump
- Inflation, recession fears and the war in Ukraine have squeezed the firm, with net income sliding 83% in the second quarter
Aug 20, 2022 02:11 AM- Yuan Slumps to Near-Two-Year Low as Rate Differential Widens
- Analysts see more declines ahead for China’s yuan amid capital outflows after PBOC rate cut; Forecasters downgrade China’s economic outlook
Aug 20, 2022 02:05 AM- Chinese Chip Software Maker Behind Mystery Buyer Blocked by UK
- UK prevents China’s Super Orange HK Holding Ltd. from acquiring UK’s Pulsic Ltd., a chip design software firm; Super Orange is controlled by another entity backed by China’s state-owned ‘Big Fund’
Aug 19, 2022 17:02 PM- CTG Duty Free Raises $2.1 Billion in Hong Kong’s Biggest Listing of the Year
- The world’s largest retailer for travelers sold 102.8 million shares for about $20 each, even as a Covid outbreak in its biggest market threatens its business
Aug 19, 2022 14:04 PM- Tesla, SAIC Motor Seek Help as Southwest China Power Cuts Hits Suppliers
- The two carmakers informed authorities in Shanghai, where they have factories, that key parts of their supply chains may be impacted by electricity restrictions in Sichuan, sources say
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