Alibaba Starts Its Cloud Arm Overhaul After Nixing Spinoff
Alibaba Group Holding Ltd. is taking the first steps toward revamping its cloud business by overhauling its leadership,
2023-11-24 21:26
Saudi Arabia Raises $11 Billion Loan to Help Fund Deficit
Saudi Arabia has raised $11 billion through a syndicated loan, the biggest globally by a government this year,
2023-11-24 17:29
PCCW Is Said to Explore $1 Billion Stake Sale in Fiber Business
PCCW Ltd., a telecommunications, media and technology conglomerate controlled by billionaire Richard Li, is mulling a significant minority
2023-11-24 12:23
China Seen Holding Key Policy Rate Until 2024, Economists Say
China will likely wait until early next year to cut policy rates to support the economy, though other
2023-11-23 16:45
Chinese Debt Deemed Asia's Biggest Risk Turns Into a Lucrative Bet
Be greedy when others are fearful. Those who heeded Warren Buffett’s famous investment mantra would have benefited handsomely
2023-11-23 14:57
China Parliament Pressures Banks To Step Up Property Finance
China’s banks should step up funding for property developers to reduce the risk of additional defaults and ensure
2023-11-23 08:47
China Guides Banks to Cap Early 2024 Loans, Shift Some Forward
China’s central bank has encouraged lenders to cap the amount of new loans they issue in early 2024
2023-11-21 14:55
China and Saudi Arabia Sign Currency Swap Worth $7 Billion
China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries
2023-11-21 13:55
China’s Yuan Rises Above PBOC’s Fix for First Time Since July
China’s yuan strengthened beyond its daily reference exchange rate for the first time in four months, getting some
2023-11-21 10:24
Chinese-Owned MMG Snaps Up Botswana Copper Mine for $1.9 Billion
A unit of state-owned China Minmetals Corp. bought a copper mine in Botswana for about $1.9 billion, ending
2023-11-21 08:58
China Drafts List of 50 Real Estate Firms Eligible for Funding
Chinese regulators are drafting a list of 50 developers eligible for a range of financing, according to people
2023-11-20 17:17
Chinese Banks Keep Lending Rates After PBOC Policy Rate Hold
China’s commercial lenders held their benchmark lending rates steady on Monday, in line with the central bank’s decision
2023-11-20 10:19