Cash-strapped Chinese property developer Kaisa Group plans to propose an extension of one-and-a-half years for its $400 million dollar bond maturing on Dec. 7, financial intelligence provider Redd …
FINANCE
China says it will release oil reserves according to its needs
China will release crude oil from its reserves according to its needs, a foreign ministry spokesman said on Wednesday, adding that the country was in close communication with oil-producing and …
China’s cash-strapped developers hold off defaults through deals with investors, but not out of the woods just yet
Kaisa reaches an agreement with investors that its wealth management product will pay a 10 per cent instalment on maturity followed by 10 per cent payments every three months Aoyuan Group says it has …
China tightens online celebrity oversight, the Turkish lira plummets, bus crashes in Bulgaria
In our World View today, a bus crash in Bulgaria has killed at least 45 people, including a dozen children. The bus was carrying Macedonian tourists returning from a trip to Istanbul when it crashed…
Fitch Affirms China Metallurgical Group at ‘BBB+’; Outlook Stable
Fitch Ratings has affirmed China Metallurgical Group Corporation’s (CMGC) Long-Term Foreign-Currency Issuer De …
OECD head Mathias Cormann stresses importance of good relations with China
The former finance minister has suggested a more diplomatic approach is required with China as tensions build.
UPDATE 1-Jamie Dimon jokes that JPMorgan will outlast China’s Communist Party
JPMorgan Chase and Co’s Chief Executive Officer Jamie Dimon joked on Tuesday that his bank would last longer than China’s Communist Party. JPMorgan has been operating in China since 1921, the same …
Rising number of players, FDI show China market’s strength
The increase in the number of market entities over the past decade shows the huge Chinese market is still full of vitality and remains one of the most attractive investment destinations in the world, …
Stable Performance for China Steel; Consolidation Accelerates
We also expect accelerated consolidation as strict environmental regulations and dual-carbon targets will mean rising costs for smaller-sized producers visited by frequent disruption to production.
Jamie Dimon sets his bank up to be China punchline
JPMorgan’s boss was looking for chuckles when he said he’d wager that his employer would outlast the country’s Communist Party. Beijing is unlikely to appreciate the humour. As UBS and others can …
JPMorgan CEO Dimon joked that his bank will outlast China’s Communist Party
“I made a joke the other day that the Communist Party is celebrating its 100th year — so is JPMorgan. I’d make a bet that we last longer,” said Dimon.
In 10 charts: China’s growing clout at World Bank, major global institutions
China has drastically increased its financial clout in many major global institutions and funds over the last decade, a Washington-based th.
Kuaishou Surges After Delivering Growth Despite China Crackdown
Kuaishou Technology soared 15% after reporting better-than-expected 33% growth in quarterly revenue, defying China’s tech crackdown and intensifying competition with ByteDance Ltd.Most Read from Bloom …
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