Hong Kong Residents Are Leaving at the Highest Rate Since Covid
Hong Kong saw its biggest net outflow of residents since the beginning of the Covid pandemic, the latest
2023-08-16 10:49
Chinese Shadow Bank Misses Dozens of Payments as Fallout Spreads
Zhongrong International Trust Co. missed payments on dozens of products and has no immediate plan to make clients
2023-08-16 10:24
China New-Home Prices Drop at Faster Pace as Downturn Worsens
China home prices dropped for a second month in July, a further sign of the deepening property downturn
2023-08-16 10:20
MSCI China Index Set to Erase Gains Seen Since Politburo Meet
Chinese stocks extended their recent selloff, putting a key gauge of the nation’s equities on track to erasing
2023-08-16 09:46
South Korea to grant 23 trln won in financing support for exporters
SEOUL South Korea will expand financing support for exporting companies by around 50% more this year, the financial
2023-08-16 09:19
BlackRock, Allianz’s Country Garden Bond Exposure Draws Focus
Global investors including BlackRock Inc. and Allianz SE may be key stakeholders to watch in Country Garden Holdings
2023-08-16 07:25
Kashkari says he's not ready to say Fed is done raising rates
Minneapolis Federal Reserve President Neel Kashkari on Tuesday said that while he is pleased with the progress so
2023-08-16 00:21
China Media Stays Quiet on Trouble at Top Wealth Manager
Chinese state media has largely avoided reporting about turmoil at one of the nation’s top private wealth managers,
2023-08-15 13:52
Country Garden Crisis Drags Down Other Builders That Got Support
A potential default at developer giant Country Garden Holdings Co. has led to greater skepticism of the efficacy
2023-08-15 13:19
China’s Key Bond Yield Slides With Yuan on Surprise Rate Cut
China’s benchmark yield dropped to the lowest in more than three years and the yuan slid, after the
2023-08-15 11:20
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:15
HKEX, Banks Exploring Ways to Boost Stock, Derivatives Trading
Banks and the stock exchange in Hong Kong are discussing ways to revive moribund trading volumes. Regular meetings
2023-08-15 08:49