SINGAPORE: Yang Bin (杨斌), a Jiangsu-born Dutch national and once China’s second-richest man, was sentenced to six years in prison and fined S$16,000 (US$12,284) on Monday (26 August) for orchestrating …
BUSINESS
European spirits makers jump after China drops provisional brandy measures
China announced in January a probe into whether EU brandy makers … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to …
Most Loved Brands Asia Pacific 2024
Given the exciting growth and world-class businesses in the region, Newsweek and Statista are happy to announce Most Loved Brands Asia Pacific 2024. This list recognizes the most highly regarded …
Citigroup sees ‘confidence signals’ in Hong Kong IPOs amid backlog, bond market optimism
Those signs include a rebound in the US IPO market, stability in China’s macroeconomic data, optimism in the equity-linked bond market and a narrowing of valuation expectations between buyers and …
The IPO hopeful’s dliemma: Cram into fall or wait for ’25
Companies itching to go public face a tough choice as the fall IPO window opens: take the leap with markets near all-time highs, or wait until next year when risks around interest rates and the…
Foreign investors remain optimistic about China’s market despite challenges
Despite recent media headlines, Stein emphasized that the international business community remains committed to China. He acknowledged that while the pace of growth may have slowed compared to …
China fires latest warning signal with antimony controls
China’s announcement of antimony export restrictions has added fuel to a red-hot market and opens another potential flash-point with the West for control of critical minerals.
Column: China fires latest warning signal with antimony controls
The U.S. remains critically dependent on China for antimony. It consumed 22,000 tons of antimony products in 2023. Domestic production amounted to just 4,000 tons, mostly in the form of antimonial lead recovered from spent…
Big Brands Pulling Out of China: What’s Behind the Massive Exit and Restructuring?
As China’s consumer market falters, global firms like IBM and Din Tai Fung are restructuring or exiting, while Walmart expands.
Big Brands Pulling Out of China: What’s Behind the Massive Exit and Restructuring?
As China’s consumer market falters, global firms like IBM and Din Tai Fung are restructuring or exiting, while Walmart expands.
China Has Another Firm in Its Crosshairs Over Its Epic Property Bust: PwC
The Big Four accounting firm, an auditor of choice for many Chinese developers, faces blowback over the country’s epic housing bust.
China Market Update: Alibaba’s Dual Primary Listing Becomes Effective, Meituan’s Q2 Beats
Asian equities were largely higher on light volumes except for Mainland China and Hong Kong in advance of Nvidia’s widely anticipated results today. We shouldn’t overthink the price action, as summer …
Drugmaker Mundipharma’s China unit sale fails to find buyer, sources say
Drugmaker Mundipharma International, owned by the billionaire Sackler family, has failed to find a buyer for its China unit for the second time in a renewed sale process this year, two sources with …
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