Aug 30, 2022 05:29 AM- China’s Mortgage Strike Doubles Agricultural Bank’s Overdue Loan Estimate
- Third-largest bank reports $178 million of overdue loans linked to 1,112 projects as homebuyer protest of unfinished units sweeps the country
Aug 29, 2022 17:47 PM- PBOC Sets Stronger-Than-Expected Fix as Yuan Hits Two-Year Low
- China’s central bank sets midpoint at 6.8698 per dollar, 96 pips stronger than the average forecast in a Bloomberg survey
Aug 29, 2022 17:11 PM- Asian Stocks Near Two-Year Low as Fed Chair Spurs Risk-Off Mood
- MSCI Asia Pacific Index slumps as much as 2.3%, the most since June 13
Aug 29, 2022 16:29 PM- China Needs to Review EV Battery Emissions, CATL Founder Says
- Zeng Yuqun says the country has lagged behind other countries in terms of controlling emissions in the manufacturing process
Aug 29, 2022 16:27 PM- China’s Oil Majors Post Record Profits on Surging Fuel Prices
- Sinopec, PetroChina and CNOOC are expecting a turnaround in the economy and government stimulus to bolster crude demand
Aug 27, 2022 18:51 PM- U.S. to Suspend 26 Flights by Chinese Airlines in Escalating Dispute Over Covid Policies
- The retaliatory move follows Beijing’s decision to limit inbound flights by U.S. carriers including United and Delta
Aug 27, 2022 02:46 AM- Credit Suisse Warned by China Regulator to Fix Executive Exodus
- Departure of almost half the senior personnel at the financial giant’s China securities venture in recent months delays regulatory approval to expand on mainland
Aug 27, 2022 02:37 AM- Hong Kong Renews Limited Curbs as Covid Outbreak Accelerates
- Authorities step up testing, reopen quarantine centers and offer special care to those over 70 while avoiding full-scale shutdowns
Aug 26, 2022 21:02 PM- Update: U.S. and China Reach Preliminary Audit Deal to Avoid Delistings
- American authorities will have access to audit papers of Chinese companies traded in the U.S. in a step toward resolving a long-running dispute
Aug 26, 2022 17:20 PM- Era of Cheap Money and Energy Is Over, Singapore’s Central Bank Chief Says
- Ravi Menon says that global interest rates are unlikely to return to near zero
Aug 26, 2022 16:07 PM- China Deploys Rain-Seeding Drones to End Drought in Sichuan
- Aircraft will eventually cover an area of 6,000 square kilometers in operations lasting through Monday, state-owned CCTV reported
Aug 26, 2022 15:57 PM- Chinese Stocks May Extend Gains on Talks to Avoid Delistings
- Regulators are trying to reach an agreement over an audit dispute that some fear could trigger a mass exodus from U.S. exchanges
Aug 26, 2022 03:31 AM- Hong Kong July Exports Plunge as Global Demand Cools
- Disruptions along mainland border also contribute to third straight monthly decline as imports surprisingly fall
Aug 26, 2022 03:17 AM- Honda’s China Plant Remains Closed Amid Extended Power Cuts
- Suspension was supposed to end Aug. 25, but Chongqing authorities ordered that factories remain shut down to curb electricity use
Aug 25, 2022 16:02 PM- SoftBank-Backed Agtech Startup Turns Unicorn With $2.7 Billion Tag
- South Korean agriculture and food trading platform Tridge raised 50 billion won, which it plans to use to expand overseas and launch new services
Aug 25, 2022 15:57 PM- Once Southeast Asia's Most Valuable Startup, Grab Falls $13 Billion Behind Rival GoTo
- The money-losing companies have both struggled to convince investors of their potential since going public
Aug 25, 2022 15:50 PM- China Sets Stronger-Than-Expected Yuan Fix Amid Currency Drop
- The currency has come under pressure after the PBOC lowered a key policy rate this month to boost an economy battered by Covid restrictions
Aug 25, 2022 03:48 AM- BlackRock, UBS Among Funds Cutting China Property Exposure
- High-yield bond funds bail on the sector amid a worsening liquidity crisis and look to India and Southeast Asia instead
Aug 25, 2022 03:37 AM- Tesla, Nio Suspend EV Charging Services as China Power Cuts Bite
- Places to plug in close or limit the juice in hard-hit Sichuan amid punishing heat wave and reduced generating capacity
Aug 24, 2022 19:25 PM- Malaysia’s Ex-Prime Minister Heads to Prison After Failing to Overturn 1MDB Conviction
- The country’s highest court upholds Najib Razak’s conviction on seven counts of abuse of power, money laundering and criminal breach of trust involving a subsidiary of the state fund
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