China’s Property Lifeline Exposes Banks to Big Losses, Job Cuts
China’s escalating push to have its banking behemoths backstop struggling property firms is adding to a maelstrom of
2023-11-28 08:56
The Hong Kong Judge Who Puts Fear Into China’s Deadbeat Builders
In Courtroom No. 29, a gray, musty cubbyhole of a space wedged into the heart of Hong Kong’s
2023-11-28 08:19
China Investors Face Tens of Billions in Losses Over Zhongzhi
As China’s embattled shadow banking giant Zhongzhi Enterprise Group Co. faces a criminal probe, lawyers and analysts are
2023-11-27 15:16
Alibaba Shuts Quantum Computing Lab in Sign of Broader Cutback
Alibaba Group Holding Ltd. has shuttered its quantum computing research lab, a sign that the Chinese e-commerce and
2023-11-27 14:56
Huawei Smart-Car Deal Sparks Gains In China Automaker, Suppliers
Huawei Technologies Co.’s latest automobile-related foray once again drove big share-price moves, showing the technology giant continues to
2023-11-27 14:21
Companies Are Dropping Carbon Offsets, But Still Buying the Worst Ones
Carbon offsets once looked primed for unstoppable growth. Analysts had forecast that the credits, which claim to wipe
2023-11-27 13:20
Jack Ma Gets Back Into Business With ‘Ma’s Kitchen Food’
Jack Ma sparked speculation about his next endeavors after the billionaire seeded a small company to process and
2023-11-27 12:59
Hong Kong Cash Demand Sends Local Bank Rate to 16-Year High
A gauge of bank funding costs in Hong Kong jumped to the highest in 16 years, as year-end
2023-11-27 12:20
ByteDance Is Said to Shut Main Gaming Arm in Business Retreat
ByteDance Ltd. plans to wind down its main gaming brand Nuverse in a major withdrawal from the sector,
2023-11-27 10:25
Korea Probes Sales of Derivative Products Tied to Chinese Stocks
A South Korean regulator is investigating whether financial institutions that sold derivatives products linked to Chinese stocks adequately
2023-11-27 09:51
Green Stock Selloff Deepens as Tesla Sentiment Sours
The selloff that’s ripped through green stocks looks set to continue into 2024, bringing a fourth consecutive year
2023-11-27 09:23
Yuan’s Recovery Gains Momentum as Seasonal Tailwind Kicks In
China’s yuan is set to be boosted by year-end tailwinds and by speculation its recent rebound will encourage
2023-11-27 08:28