Slumping diesel exports from China are proving a boon to other refiners in Asia, with the profit from producing the fuel rising to the highest in 18 months. China has been Asia’s second-highest …
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Asian shares extend losses as China worries darken sentiment
Analysts said fears the damage from a property bust in China could ripple worldwide were drawing on memories of past financial crises such as the bursting of the Japanese “bubble” economy or the 2008 …
Cryptocurrency market plunges on China fears tied to Evergrande property developer
Demand for Bitcoin has plunged as cryptocurrency investors worry about what the potential collapse of Chinese property development giant Evergrande means for the world economy.
China’s rare earth imports from Myanmar dry up after border closure
China’s imports of rare earths from neighbouring Myanmar slowed to a trickle in August, Chinese customs data showed on Monday, as the closure of a key border crossing to contain the spread of the …
Markets Tumble As China Faces a Lehman Brothers Moment
Chinese President Xi Jinping has unloaded more drama than is fit for an over-the-top Mexican soap opera on markets this year. But while …
Deserted factories show how China electric car boom went too far
While home-grown stars like Nio Inc. and Xpeng Inc. have gone on to sell cars in numbers that rival Tesla, scores more have fallen by the wayside.
China’s Secondhand Business Is Booming
Travels in the Billion-Dollar Trash Trade” and “Secondhand: Travels in the New Global Garage Sale.” As summer fades, China’s consumers have grown increasingly cautious. Strict Covid measures are one …
China’s XTransfer, a Cross-Border Financial and Risk Management Service Provider, Secures $138M via Series D
China’s XTransfer, a cross-border financial and risk management solution provider, secures $138 million in capital via its Series D round.
Global potential: POLA expecting overseas sales to surpass $270m by 2023 on the back of China demand
Japanese skincare brand POLA has been projected to achieve more than $270m in overseas sales in the next couple of years thanks to the strong demand from China’s luxury beauty market.
The Wall Street debt machine pauses as China’s property woes rattle stocks, crypto, memes and more
The largest part of the nearly $10.6 trillion U.S. corporate bond market sat idle on Monday as investors watch for spillover from the debt woes of China’s second-largest property developer.
China Ride-Sharing Platform DiDi Plunges 6.6% On Report President Jean Liu Plans To Depart
Shares in China ride-sharing app DiDi Global plunged 6.6% in New York Stock Exchange trade on Monday following a Reuters report that President Jean Liu plans to leave the company and expects the …
China Needs a Lehman-Level Meltdown to Crash Its Steel Mills
Investors are worried that Evergrande’s unraveling will ensnare the property sector and the commodities that feed it. If history is any guide, this sector still has legs.
Shipping stocks hammered as China fears intensify
Dry bulk shares suffer double-digit declines, with tanker and container stocks also caught up in the sell-off.
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