Fund Beating Nearly All Peers Dumps Korean EV Stocks, Buys Chips
A South Korean fund whose bets on stocks tied to electric vehicles helped it outperform most of its
2023-07-18 11:50
China Developer Bonds on Cusp of Distress After Wanda Surprise
A gauge of Chinese high-yield dollar debt fell to the cusp of distress after one of the most
2023-07-18 11:23
Australia Saw Case to Hold Rate at 4.1% as ‘Stronger One’
Australia’s central bank said the case to leave interest rates unchanged this month was the “stronger one” following
2023-07-18 10:59
China Property Recovery Proves Short-Lived as Industry Contracts
China’s property industry contracted again in the second quarter after a short-lived expansion in the previous three months,
2023-07-18 10:51
Evergrande Pushes Restructuring After Posting $81 Billion Loss
China Evergrande Group is seeking to complete one of the country’s biggest debt restructurings after posting a combined
2023-07-18 10:51
Temu Accuses Fast Fashion Leader Shein of Bullying Suppliers
Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats
2023-07-18 10:28
Foxconn Founder Gou Urges Taiwan to Restart Talks With China
Foxconn Technology Group founder Terry Gou called for Taiwan and China to resume direct talks, while also criticizing
2023-07-18 10:25
Philippines’ Marcos Signs Sovereign Wealth Fund Bill Into Law
Philippine President Ferdinand Marcos Jr. on Tuesday signed into law a bill creating a sovereign wealth fund, marking
2023-07-18 09:57
Oil Holds Two-Day Drop as China Angst Offsets Russia Export Cuts
Oil steadied in Asia — after dropping almost 4% over the previous two sessions — as concerns over
2023-07-18 09:22
Gold Steady as Traders Mull Sluggish China Growth, Fed Rate Path
Gold held steady for a second day, with investors weighing the impact of a sluggish Chinese economic recovery
2023-07-18 09:22
Tokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes Globe
Temperatures in central Tokyo have soared to nearly 9C (16F) above the seasonal average, as the extreme heat
2023-07-18 08:48
US Limits on China Tech Investment to Be Narrow and Slow
The Biden administration’s plans to restrict investments in China will be narrowly focused on cutting-edge technology, only new
2023-07-18 08:21