Country Garden gets 'near-term reprieve' after bondholders agree to extend debt payment
Investors in embattled Chinese property giant Country Garden are breathing a collective sigh of relief Monday, after it reportedly won approval from creditors to extend a major bond payment to avoid default, in a development that analysts say will give the firm some badly needed respite.
2023-09-04 14:52
Renault CEO: China very competitive on electric vehicles, Europe needs to catch up
PARIS Renault's chief executive Luca de Meo said on Monday that China was 'very competitive' in terms of
2023-09-04 14:47
Exclusive-Egypt buys nearly half a million tons of Russian wheat in private deal
By Sarah El Safty and Michael Hogan CAIRO Egypt's state grains buyer bought about a half a million
2023-09-04 14:27
Erdogan Eyes Progess on Black Sea Grain from Putin Ahead of G-20
Turkish President Recep Tayyip Erdogan will seek to persuade Vladimir Putin on Monday to revive a UN-backed deal
2023-09-04 13:57
China to Set Up New Agency to Promote Growth in Private Sector
China’s top economic planner is creating a new department to help private businesses, the latest step by the
2023-09-04 13:47
Tencent, others begin enforcing China's new oversight move on apps
By Josh Ye HONG KONG Mobile app stores in China run by Tencent Holdings, Xiaomi and others have
2023-09-04 13:47
Kazakhstan names former economy minister Suleimenov as central bank chief
Kazakhstan appointed former economy minister Timur Suleimenov as its central bank governor on Monday, as the upper house
2023-09-04 13:27
Tesla China extends delivery time for Model Y Long Range to 6-8 weeks
BEIJING Tesla China has extended delivery time for its Model Y Long Range to between six and eight
2023-09-04 13:20
China’s Mortgage Relaxation Spurs Weekend Sales in Mega Cities
Home sales in two of China’s biggest cities soared in the past two days following mortgage relaxations, an
2023-09-04 13:16
Xi’s G-20 Snub Marks Shift From Statesman to China ‘Emperor’
President Xi Jinping began his third term with a diplomatic blitz that bolstered his image as a global
2023-09-04 11:27
Burning Man Death Under Probe With Thousands Still Stranded
Police are investigating the death of a person at the Burning Man festival in Nevada after heavy rains
2023-09-04 11:26
China's state planner to set up special bureau to support private economy
BEIJING China's central government has approved setting up a special bureau within the National Development and Reform Commission
2023-09-04 11:24