Shares and bonds in China Evergrande, the country’s most indebted developer, plunged for a second day on Tuesday, after sales of two real estate projects were suspended by local authorities, …
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China Evergrande slumps as investor worries deepen
Sales in two China Evergrande projects suspended by Chinese authorities
Sales in two developments of China Evergrande Group in a southern Chinese city have been halted by the authorities, government notices show, adding pressure on the developer’s cashflow that has raised …
China shares fall as Beijing stands pat on benchmark lending rate
China shares fell on Tuesday as investors adopted risk-off mode after Beijing kept a benchmark lending rate unchanged despite growing expectations for a cut, while developer Evergrande slumped after …
China reports highest number of Covid cases since January
Confirmed cases doubled compared to a day earlier, with most imported from neighbouring Myanmar …
France, South Pacific nations to combat ‘predatory’ fishing as China extends reach
French President Emmanuel Macron said on Monday that France and South Pacific nations would launch a South Pacific coast guard network to counter “predatory” behavior, which an adviser said was aimed …
US Accuses China of Hacking Microsoft
The Biden administration for the first time Monday accused the Chinese government of breaching Microsoft email systems used by many of the world’s largest companies, governments and military …
China Evergrande Shares Tank After Project Sales Halt by Chinese City
China Evergrande shares are tanking for a second day after a court-ordered asset freeze. Can the company turn around the investor panic surrounding the company? Bloomberg’s Rebecca Choong Wilkins …
China’s RRR Cut Signals Move to Monetary Reform: NatWest’s Liu
Peiqian Liu, China economist at NatWest Markets Plc, discusses China’s loan prime rates, loan demand and the country’s economic recovery. She speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) …
China’s fiscal revenue up 21.8 pct in H1
China’s fiscal revenue saw a year-on-year increase of 21.8 percent in the first six months of 2021, official data showed on Tuesday. According to data released by the Ministry of Finance, the …
Investors should be wary of China’s credit impulse
This key economic indicator worked during the global financial crisis but has not been a robust guide for investors before or since.
ANALYSIS-Beyond security crackdown, Beijing charts state-controlled data market
“Overseas IPO audits, cross border transfers and open access to certain types of data stand in the way of Beijing’s goal to not only take over supervision of the county’s vast data assets but to…
SenseTime Launches the SenseTime International AI Innovation Hub in Singapore, Teams Up with Business China and ITE to Nurture Local AI Talents
SenseTime, a leading global artificial intelligence (AI) company, today launched the SenseTimeInternational AI Innovation Hub (“Hub”) in Singapore to serve as a locus for Southeast Asi a t o further …
Hong Kong stocks slip as virus fears shake global markets while China dents hopes for policy easing
Growing cases of Covid-19 is fanning a flight to safety among stock traders while China keeps its key rates unchanged, denting hopes for an easing to re-energise its faltering economic rebound.
