VW-Xpeng Deal Is Evidence of China’s Growing EV Dominance
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the
2023-07-27 11:45
Oil Resumes Rally as Asian Equities Gain, US Inventories Decline
Oil advanced, tracking gains in wider Asian equity markets, after US crude inventories declined and the Federal Reserve
2023-07-27 11:28
Hong Kong Dollar in Strong Half of Trading Band on Rate Hikes
Hong Kong’s currency has risen above the mid-point of its trading band against the dollar for the first
2023-07-27 11:27
Hong Kong’s Hang Seng Tech Index Rises 20% From May Low
A gauge of China tech shares traded in Hong Kong extended gains from a May low to 20%
2023-07-27 11:20
Hong Kongers Set to Get Longer Visa-Free Time in Malaysia
Hong Kongers are set to get longer visa-free stays in Malaysia, according to people with direct knowledge of
2023-07-27 10:57
Macquarie Tumbles After Flagging Profit Hit on Weak Trading
Macquarie Group Ltd. said weak trading conditions in the first quarter will mean profit is “substantially down” from
2023-07-27 10:21
Hedges Against Risk of Yen Surge Hit Four-Month High Before BOJ
Traders are ramping up protection against a surge in the yen as speculation remains alive that the Bank
2023-07-27 09:59
ASK Plans to Raise Up to $122 Million for Private Debt
ASK Group plans to raise as much as 10 billion rupees ($122 million) for its debut private credit
2023-07-27 09:58
China’s Industrial Profits Keep Declining Amid Deflation Risks
China’s industrial profits dropped at a slower pace in June, though worsening factory-gate deflation and slowing consumer spending
2023-07-27 09:56
Private Credit Lures $71 Billion in Second Quarter, Preqin Says
Demand for private credit rebounded globally in the second quarter, with 34 new funds raising $71.2 billion, more
2023-07-27 07:58
Asia Set for Calm Post-Fed Open; Wary Eyes on Yen: Markets Wrap
Asian equity futures were mixed after the Federal Reserve hiked interest rates to a 22-year high and indicated
2023-07-27 07:46
Singapore Bank UOB’s Profit Tops Estimates on Lending Income
United Overseas Bank Ltd. second-quarter profit beat estimates, buoyed by rising lending income. Net income, excluding one-off expenses,
2023-07-27 07:15