Evergrande posts losses of $81 billion over two years as it reports long-delayed results
Evergrande Group, the world's most indebted property developer, has posted long-delayed financial results as a key part of its debt restructuring, which is shaping up to be one of the largest in Chinese corporate history.
2023-07-18 16:28
Laid-off Twitter Africa team 'ghosted' without severance pay or benefits, former employees say
Former employees of Twitter Africa who were laid off as part of a global cost-cutting measure after Elon Musk's acquisition have not received any severance pay more than seven months since leaving the company, several sources told CNN.
2023-07-17 13:49
China's economy grows 6.3% in Q2 compared with low base
China's economy expanded by 6.3% in the second quarter from a year ago because of a low base, the National Bureau of Statistics said on Monday, with momentum slowing following a strong reopening in the first quarter.
2023-07-17 10:19
'Cruel Summer' for Taylor Swift fans in Asia as Singapore shows sell out
Taylor Swift mania has sparked a debate in other places in Asia about why they missed out on such a lucrative event.
2023-07-15 08:50
Rare Singapore corruption probe widens to include Grand Prix owner
A corruption investigation in Singapore has expanded to include Ong Beng Seng, a hotel tycoon best known for bringing the Formula 1 Grand Prix to the wealthy city state.
2023-07-14 18:50
Actors' strike deadline passes with no word from either side
Negotiations between the union representing 160,000 actors and the nation's major studios and streaming services appear to have gone into overtime, with an 11:59 pm PDT deadline passing without any official word from either side.
2023-07-13 15:46
An Indian culinary must-have is off the menu as prices jump 400%
From butter chicken to paneer makhani, Indian cuisine is unthinkable without the ubiquitous tomato.
2023-07-12 19:52
Jack Ma loses more than half of his wealth after criticizing Chinese regulators
Jack Ma's fortune is estimated to be worth less than half of what it was just three years ago, when he made a pivotal speech that derailed what was supposed to be the world's biggest share sale at the time.
2023-07-12 14:16
China extends some policies to support its troubled property market
China has extended some policies to bolster its ailing property market, as the country struggles to reignite economic growth.
2023-07-11 19:19
'Too much': Burger King's new offering in Thailand has no meat and 20 slices of cheese
Burger King is causing a stir in Thailand with its new offering: a burger with no meat and a jaw-dropping amount of cheese.
2023-07-11 18:57
Foxconn pulls out of $19 billion chipmaking project in India
Foxconn says it is exiting an ambitious project to help build one of India's first chip factories.
2023-07-11 16:24
How much did Jack Ma's speech cost Ant Group? About $230 billion
Ant Group has announced a share buyback that values it at $78.5 billion, which is about $230 billion or 75% less than the valuation it fetched nearly three years ago, before its IPO was yanked by Chinese regulators.
2023-07-10 18:27