China Investors Face Tens of Billions in Losses Over Zhongzhi
As China’s embattled shadow banking giant Zhongzhi Enterprise Group Co. faces a criminal probe, lawyers and analysts are
2023-11-27 15:16
Alibaba Shuts Quantum Computing Lab in Sign of Broader Cutback
Alibaba Group Holding Ltd. has shuttered its quantum computing research lab, a sign that the Chinese e-commerce and
2023-11-27 14:56
Xi to Make His First Visit to Shanghai Since 2021, SCMP says
Chinese President Xi Jinping will visit Shanghai on Tuesday in his first trip to the financial hub since
2023-11-27 14:54
North Korea Brings Backs Weapons and Troops to Shut Border Posts
North Korea appears to have deployed soldiers and weapons to guard posts near the border that were shut
2023-11-27 13:59
Australia Names Ex-Bank of England Official as New RBA No. 2
Australia’s government announced former Bank of England official Andrew Hauser will be the new deputy governor of the
2023-11-27 11:56
China Industrial Profit Growth Eases Amid Deflation Pressures
Profits at China’s industrial companies rose at a much slower pace in October than the prior month as
2023-11-27 10:29
ByteDance Is Said to Shut Main Gaming Arm in Business Retreat
ByteDance Ltd. plans to wind down its main gaming brand Nuverse in a major withdrawal from the sector,
2023-11-27 10:25
Australian PM Albanese’s Support Slumps to Lowest Since Election
Support for Australia’s center-left Labor government has slumped to the lowest level since it was elected 18 months
2023-11-27 09:51
Won Seen Having Upper Hand Over Baht as Asia’s Best Currency
The South Korean won will probably maintain its lead as the best-performing Asian currency this quarter, keeping ahead
2023-11-27 09:25
Sumitomo Mitsui CEO Ohta, Who Pushed Asia Expansion, Dies at 65
Sumitomo Mitsui Financial Group Inc.’s Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his
2023-11-27 08:55
Yuan’s Recovery Gains Momentum as Seasonal Tailwind Kicks In
China’s yuan is set to be boosted by year-end tailwinds and by speculation its recent rebound will encourage
2023-11-27 08:28
Sunak Says ‘Not Focused’ on UK Election, Won’t Discuss Timing
Prime Minister Rishi Sunak said that the UK’s next general election wasn’t a priority for him right now,
2023-11-27 06:55