Evergrande shares suspended from trading as liquidation concerns mount
Shares in embattled Chinese developer Evergrande Group and its two subsidiaries were all suspended from trading in Hong Kong on Thursday, after fears grew about its ability to restructure its mammoth debt and stave off a liquidation of the business.
2023-09-28 11:23
China’s Defense Minister Skips First Event Since Graft Reports
Chinese Defense Minister Li Shangfu mysteriously missed a key meeting attended by President Xi Jinping, bolstering reports he’s
2023-09-28 11:22
Crypto Exchange Gemini Pulled Funds From Crypto Lender Genesis Months Before Bankruptcy Filing
Crypto exchange Gemini Trust Co. withdrew hundreds of millions of dollars from Genesis Global Holdco LLC several months
2023-09-28 11:20
China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:59
Japan Finance Minister Suzuki reiterates warning against excessive FX volatility
By Tetsushi Kajimoto TOKYO Japan won't rule out any options to deal with excessive currency volatility, Finance Minister
2023-09-28 10:55
Dollar shines as oil surge spooks investors
By Tom Westbrook SINGAPORE Oil prices scaled one-year highs on Thursday, while world stocks eyed their longest losing
2023-09-28 10:54
Trump says UAW talks don't matter because EV shift will kill jobs
By Nathan Layne and Kanishka Singh (Reuters) -Former U.S. President Donald Trump said on Wednesday it mattered little whether striking
2023-09-28 10:45
Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong
The Hong Kong stock exchanges says share trading of heavily indebted Chinese property developer China Evergrande Group has been suspended
2023-09-28 10:21
Australia Aug retail sales post tepid rise, add to rate pause case
By Stella Qiu SYDNEY Australian retail sales rose modestly in August as consumers continued to cut back on
2023-09-28 10:20
AI chip crunch: startups vie for Nvidia's vital component
The artificial intelligence revolution is fully underway, but soaring demand for its most crucial component has startups scratching their heads on how they...
2023-09-28 10:19
Marcos Bid to Challenge China on Disputed Shoal Pressures US
Philippine President Ferdinand Marcos Jr. spent the first 15 months of his term working with the US and
2023-09-28 09:57
Shares of China Evergrande suspended as chairman under police watch
HONG KONG (Reuters) -Trading in shares of China Evergrande were suspended on Thursday after a report its chairman had been
2023-09-28 09:51