Ping An Sold Country Garden Stake, Has No Plans for Takeover
Ping An Insurance (Group) Co. doesn’t hold any shares in Country Garden Holdings Co. and has no plans
2023-11-08 20:57
China’s Central Bank Vows Liquidity for Debt-Laden Regions
China will provide emergency funding to heavily indebted local governments as needed, central bank Governor Pan Gongsheng said
2023-11-08 15:26
China’s Innovators Are ‘Lying Flat,’ Primavera’s Hu Says
China needs to offer more support in the short term to keep growth on track while better protecting
2023-11-08 14:52
China’s Housing Slump Shrinks Role as Growth Driver, Research Says
China’s prolonged housing slump means the real-estate sector is driving less growth and contributing to the economic slowdown,
2023-11-07 18:57
Evergrande Said to Have Proposed New Debt Plan, Reuters Says
China Evergrande Group has proposed a new debt restructuring plan for offshore bondholders, Reuters reported citing two people
2023-11-01 15:46
China’s Manufacturing Activity Contracts, Private Survey Shows
China’s manufacturing activity contracted in October, according to a private survey, signaling that the economic recovery is losing
2023-11-01 10:54
China’s Central Bank Drains Liquidity After Overnight Rate Surge
China’s central bank withdrew cash from the financial system, suggesting it sees Tuesday’s abrupt surge in short-term borrowing
2023-11-01 10:16
Evergrande Units to Be Key Part of Revised Debt Plan, Rep Says
China Evergrande Group will look to use shares of its subsidiaries as key components in any further debt-restructuring
2023-10-30 17:50
HSBC May Lift Variable Pay By $300 Million, Costs to Rise
HSBC Holdings Plc said it may increase some variable pay, resulting in higher expenses, after it announced a
2023-10-30 15:16
Sri Lanka Bondholders’ Proposal Sees Government Pushback
Sri Lanka is taking an unfavorable view toward a proposal by foreign dollar bondholders for restructuring its debt,
2023-10-19 16:51
Hong Kong Halts Morning Trade; Looks to Lower Storm Warning Before Midday
Hong Kong stayed largely closed Monday morning, with stock market trading halted and schools suspended, as gale force
2023-10-09 09:16
Typhoon Koinu Approaches Hong Kong With Risk of Heavy Rain
Hong Kong warned of heavy rain over the weekend as the latest forecast showed Typhoon Koinu moving closer
2023-10-06 08:55