US hedge funds dumped shares in Chinese companies in Q2
By Carolina Mandl NEW YORK U.S.-based hedge fund investors such as Coatue, D1 Capital and Scion cut their
2023-08-15 02:21
China Passes Greece as Top Shipowning Nation by One Key Metric
China surpassed Greece as the world’s largest shipowner for the first time in one important metric, cementing its
2023-08-14 21:17
Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
BEIJING Bank of China Ltd, China's fourth-largest lender by assets, has launched a countrywide exercise to reduce the
2023-08-14 19:00
BRICS Isn’t Competing With Any Bloc, South African Diplomat Says
The BRICS group of emerging-market nations will discuss deepening the use of local currencies in trade between member
2023-08-14 18:48
Country Garden Aims to Extend Maturing Bond in First Amid Crisis
Country Garden Holdings Co. is seeking to extend a maturing bond for the first time ever and halted
2023-08-14 18:20
Singapore Warns of ‘Unpredictable’ Risks Amid US-China Tensions
Singapore’s prime minister-in-waiting called for the global economy to be “prepared for the unpredictable,” amid strained relations between
2023-08-14 17:55
IPhone Maker Hon Hai Cuts Outlook as Electronics Demand Weakens
Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a
2023-08-14 16:53
Shanghai Police Detain Woman Over Alleged Forex Crimes
Shanghai police have detained five people for illegal trading of foreign exchange, state media reported Thursday without giving
2023-08-14 15:56
China's Country Garden suspends trading of onshore bonds amid talk of debt restructuring
Country Garden, one of China's top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.
2023-08-14 15:53
China central bank seen leaving policy loan rate unchanged on Tuesday
SHANGHAI/SINGAPORE China's central bank is expected to keep rates on its medium-term policy loans unchanged on Tuesday, a
2023-08-14 15:28
European Stocks Subdued as China Worries Dent Risk Sentiment
Trading in European stocks was muted on Monday as investors weighed signs of trouble in the Chinese property
2023-08-14 15:25
Yuan Falls Toward This Year’s Low as Chinese Economy Sputters
China’s yuan fell toward its weakest level this year after a series of disappointing economic figures added to
2023-08-14 14:20